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You Searched For "workforce cut" and got 19 results


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1 min read

Boeing announces global job cuts in the middle of workers’ strike, 17,000 people could lose their jobs

Boeing is cutting 17,000 jobs, or 10% of its workforce, amid a strike by 33,000 U.S. workers haltin…

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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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Boeing will delay its 777X plane and cut 10% of workforce as it deals with a strike and 737 Max issues

In a memo to employees, Boeing CEO Kelly Ortberg said the company was in a difficult position and t…

Kelsey Vlamis,Taylor Rains   


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4 mins read

Love him or loathe him, Elon Musk is a champion of efficiency and could save the US government a fortune

Elon Musk will lead a new department to make the US government more efficient. He plans to cut spen…

PTI   


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Bed Bath & Beyond owner to lay off 20% of its workforce

Beyond, Inc., formerly known as Overstock, said in a regulatory filing that it will cut one-fifth o…

Dominick Reuter   


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Ola Electric cuts 500 jobs across verticals

"It has been going on for some time now, starting around July. It has been a gradual process of…

PTI   


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2 mins read

Apollo reportedly offering multi-billion dollar investment to Intel after reports of acquisition by Qualcomm

Apollo Global Management Inc. is reportedly considering a multibillion-dollar investment in Intel, …

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1 min read

Flipkart may reduce workforce by up to 7%, affecting 1,500 employees

E-commerce major Flipkart is reportedly planning to reduce its workforce by 5-7 per cent in early 2…

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5 mins read

Why Elon Musk's push to cut federal waste might succeed where others failed

There's a chance the Department of Government Efficiency's plans could lead to the deepest cuts to …

Jack Newsham   


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4 mins read

Meta layoffs are the latest sign that constant job cuts are the new Big Tech normal

Recent layoffs at Meta point to a tech industry playbook of making recurring cutbacks. Yet these re…

Tim Paradis   


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1 min read

Dell's job cuts aren't over yet

The company said in an SEC filing on Tuesday that it plans to limit external hiring and reorganize …

Nora Redmond   


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2 mins read

'We are nothing but numbers to them, fat to be trimmed off': General Motors employee reacts to layoffs

A General Motors employee took to LinkedIn and shared his experience of getting laid off. He reveal…

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2 mins read

$3 billion startup Sword Health cuts some physical therapists as it ramps up AI to treat more patients

Sword Health is trying to use AI to get its physical therapists to treat more patients, according t…

Rebecca Torrence   


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2 mins read

Canada to cut study permits for International students by 35%, Indian students to be impacted

Canada has announced a reduction in study permits for international students, impacting many Indian…

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2 mins read

Many cities are fighting the urban 'doom loop' by turning empty offices into 24/7 social districts

Most American downtowns are slowly fighting off the "urban doom loop." Minneapolis is on a good tra…

Eliza Relman   


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Microsoft job cuts continue, company lays off hundreds of employees in Xbox gaming division

Microsoft has announced layoffs in its Xbox gaming division, affecting corporate and support roles.…

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Snap slashes 10% of its workforce

Snapchat's parent company is laying off 10 percent of its staff, the latest tech company to make cu…

Paul Squire,Camilo Fonseca   


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Amazon could cut 14,000 managers soon and save $3 billion a year, according to Morgan Stanley

Amazon CEO Andy Jassy wants to cut the ratio of managers to individual contributors. That's a stron…

Eugene Kim   


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1 min read

CRED-owned Happay lays off 35% of its workforce

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