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3 mins read

Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'

In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…

Lian Kit Wee   


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2 mins read

Gwyneth Paltrow's Goop undergoes second round of layoffs in two months

The celebrity lifestyle brand has undergone a number of pivots and is now focusing on beauty, fashi…

Madeline Berg   


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3 mins read

In all-hands meeting, Amazon CEO says RTO mandate not a 'backdoor layoff'

Amazon CEO Andy Jassy denied that the company's return-to-office policy is a 'backdoor layoff,' ami…

Eugene Kim   


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1 min read

Under strain from war, Russia plans a massive layoff in its public sector: report

Russia is expected to lay off at least 40,000 government officials by July, according to a report b…

Hannah Abraham   


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3 mins read

Dell staff say they aren't surprised about layoffs following its AI pivot

Ten Dell employees told Business Insider that they are bracing for further rounds of layoffs as the…

Polly Thompson   


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1 min read

Samsung Electronics plans to lay off over 200 Indian employees to reduce costs, details inside

Samsung Electronics is set to lay off over 200 employees in India, impacting various departments su…

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6 mins read

SIMPLY PUT: What’s with all “Unbossing” talks? Are Indian companies also embracing this global trend?

The corporate trend of 'Unbossing' is gaining traction globally, including in India. Major companie…

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2 mins read

Young employees need mentorship: Amazon on calling employees back to office five days a week

Amazon's decision to revert to in-office work five days a week has sparked a lot of reactions. Amaz…

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5 mins read

Intel employees face 'setbacks' as the company slashes staff, pay, and perks

Intel employees faced pay cuts and layoffs, causing uproar over forfeited stock bonuses and shrinki…

Emma Cosgrove,Helen Li   


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2 mins read

Jellysmack is laying off staff as it scales back its creator program

Jellysmack, a prominent creator-economy startup backed by SoftBank, is undergoing a reorganization …

Sydney Bradley,Amanda Perelli…   


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2 mins read

Chief, the networking group for executive women, has laid off staff

Chief laid off staff last week. The company, valued at $1.1 billion in 2022, also laid off employee…

Katie Balevic   


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2 mins read

Amazon's RTO mandate is a 'backdoor layoff' strategy, future of work expert says

Amazon's strict return-to-office push is an attempt to reduce headcount, according to Stanford econ…

Beatrice Nolan   


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1 min read

Tesla layoffs impacted nearly 12% of its Texas staff

Tesla laid off 2,688 workers at its Austin factory, according to a WARN notice. It's likely part of…

Grace Kay   


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1 min read

Tesla staff left playing 'Squid Game' amid Elon Musk's ongoing layoffs

Tesla is likely to keep cutting jobs over the coming weeks, leaving some workers feeling anxious, B…

Beatrice Nolan   


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3 mins read

Warner Bros. Discovery's advertising chief is leaving. Read the memo sent to staff.

Jon Steinlauf, Warner Bros. Discovery's top ad salesman, will leave at the year's end. WBD just too…

Lucia Moses   


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3 mins read

Deloitte and EY trim staff amid slowing demand following years of rapid growth for Big Four firms

The consulting sector is facing falling demand and Big Four consultancies including EY and Deloitt…

Polly Thompson   


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2 mins read

Read the email Fisker sent to staff warning of layoffs if the company can't correct course

Fisker warned staff they might be laid off if efforts to course correct are unsuccessful. Here's th…

Grace Kay   


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2 mins read

Inside Henrik Fisker's staff meeting, where the CEO announced more layoffs hitting his electric car company

Henrik Fisker had grim news for his staff when they logged on to a short all-hands meeting Wednesda…

Grace Kay   


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4 mins read

Patagonia lays off staff and launches a 'business transformation' to set it up for the next 50 years

Patagonia CEO Ryan Gellert told staff in an internal email that the company was not immune from the…

Polly Thompson   


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4 mins read

Read the memo Dell sent ordering its sales staff back to the office 5 days a week

The tech giant said in the memo that being in the office full time would help foster a "high energy…

Jyoti Mann,Polly Thompson