You Searched For "staff reduction" and got 20 results
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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
3 mins read
Are four-day work weeks beneficial or not: A debate to end all debates
Governments and organisations worldwide are starting to tentatively explore this concept as part of…
1 min read
Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
Spirit Airlines has struggled since its proposed merger with JetBlue was struck down. Reports have …
Pete Syme
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
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
3 mins read
A leading carbon target arbiter has come into fire after ruling to allow carbon offsets — what's the big deal?
The Science Based Targets initiative, revered for its role in setting rigorous climate targets for …
3 mins read
Dell is cutting staff as it pivots to AI. A company exec says it will make jobs easier and more fulfilling.
Vivek Mohindra, Dell's corporate strategy SVP, says AI will make Dell staff "much more effective at…
Polly Thompson
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
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
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
2 mins read
Fisker warns staff they could be laid off and its facility could be closed to workers in 2 months
Fisker told employees they could be laid off from the company effective June 28.
Grace Kay
2 mins read
McKinsey tried to boost the morale of senior staff by blasting Eminem and Bob Marley at an internal event, report says
The consulting giant has had a difficult 18 months, global managing partner Bob Sternfels reported …
Polly Thompson
3 mins read
Read the memo Elon Musk sent Tesla staff announcing that the company is laying off more than 10% of the workforce
Tesla CEO Elon Musk said in the memo, seen by BI, there's been a "duplication of roles and job func…
Jyoti Mann,Grace Kay
6 mins read
Read the email Wayfair's CEO sent to staff announcing that it's laying off 13% of its workforce
"I truly regret the impact this will have on you," CEO Niraj Shah told staff in an email.
Grace Dean
1 min read
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
1 min read
Google staff sound off about 'corporate overlords,' impersonal layoffs, and a changing company culture, report says
Alphabet last week laid off hundreds of staff on Google Assistant and other teams, but The Verge re…
Beatrice Nolan
3 mins read
eBay is laying off 1,000 employees about 9% of its workforce. Read the memo its CEO sent to staff.
CEO Jamie Iannone said that the cost of the company's head count and general expenses had outpaced …
Jyoti Mann
2 mins read
Employees not forced to resign, it's part of 5% workforce reduction: BYJU's
Earlier this month, BYJU's had announced to reduce 5 per cent of its 50,000-strong workforce (ab…
6 mins read
Read the full memo Spotify's CEO sent employees announcing it would cut 17% of its staff: 'Being lean is not just an option but a necessity'
Spotify CEO Daniel Ek told employees in an email announcing the layoffs that "many smart, talented …
Jyoti Mann
1 min read
An airline is giving staff a bonus worth more than $7,000 after posting a bumper profit
Qantas announced its first annual profit since 2019 on Thursday and is rewarding workers with a cas…