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Walmart is axing hundreds of corporate jobs and bringing remote employees into the office

The Wall Street Journal reported the retail giant is reorganizing its corporate footprint, asking w…

Shubhangi Goel   


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The US may already be in recession as job cuts accelerate, research CEO says

The ongoing recession may have been triggered way back in October 2023, says Danielle DiMartino Boo…

Filip De Mott   


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IBM announces job cuts in two of its divisions; Tech workforce uneasy about AI’s impact, survey reveals

In the latest workforce reduction move of 2024, IBM has announced significant job cuts within its m…

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Tesla sends out another wave of layoff notices as employees enter 4th week of job cuts

Elon Musk continues to cut deeper at Tesla. Multiple workers told BI that Tesla cut even more staff…

Grace Kay   


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TECH'S JOB-CUTS JANUARY

Tech industry heavyweights like Google and Amazon are among those starting 2024 with staff cuts in …

Sarah Jackson   


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Tesla extends its 2024 stock skid to 34% as top execs reportedly depart amid job cuts

Often when a company announces job cuts, its stock price jumps as investors applaud cost-saving mea…

Matthew Fox   


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Alexa, where is my job? Amazon's job cuts hit India too

Amazon has announced to lay off "several hundred employees" from its Alexa division, including in I…

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Why constant job cuts could be the new normal for Big Tech

Big Tech companies like Google and Amazon went through several rounds of massive job cuts last year…

Peter Kafka   


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Sundar Pichai asks Google employees to brace for more job cuts

Google CEO Sundar Pichai has reportedly warned employees to brace themselves for more job cuts this…

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Google CEO Sundar Pichai says the tech giant's staff must brace for more job cuts in 2024

"These role eliminations are not at the scale of last year's reductions, and will not touch every t…

Kwan Wei Kevin Tan   


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2 lakh techies lost jobs in 2023, more to come

The year 2023 has become the worst year for tech employees as nearly 2 lakh tech employees -- from …

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More job cuts in the crypto world: US' Circle is latest to lay off staff, trim non-core investments

US-based cryptocurrency company Circle which manages stablecoin USDC (USD Coin), has announced that…

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Google's latest job cuts were pretty targeted and reportedly included several 'director decapitations'

Google's latest round of cuts in its news division may signal a grim future for some senior manager…

Lakshmi Varanasi   


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Microsoft effects new job cuts, lays off 276 employees in customer service, support and sales teams

Microsoft has laid off 276 employees, mostly in customer service, support and sales teams, in a new…

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With job cuts and drug tests, the Pentagon hopes to prepare its special-ops forces for a new era of warfare

Special-ops units are the tip of the spear, but in an era of competition with Russia and China, the…

Stavros Atlamazoglou   


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Disney's first job cut round begins this week, 7,000 employees to be hit: CEO

Disney will begin its first round of layoffs at the company this week. In total, the media and ente…

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Spotify CEO Daniel Ek sure sounds like he's blaming his 1,500 job cuts on fake work and amateur execs

Ek was surprisingly blunt about why he was axing staff and losing his CFO.

Hasan Chowdhury   


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CRED-owned Happay lays off 35% of its workforce

Corporate expense management platform Happay, owned by credit Card bill payment provider CRED, has …

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Amazon begins new round of job cuts, lays off over 18,000 people

Amazon has started notifying its employees affected by its new round of layoffs, as a part of its p…

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Alibaba to make significant job cuts amid IPO plans

Chinese internet giant Alibaba is making significant job cuts, reportedly around 7 per cent of its …