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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
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
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
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
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
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…
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…
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…
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
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…
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
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
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
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
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
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
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
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
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
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…