You Searched For "workforce cut" and got 20 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…
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
1 min read
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
1 min read
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
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, …
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
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
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…
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…
2 mins read
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…
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…
2 mins read
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
2 mins read
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.…
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
3 mins read
Read the memo Dell sent to staff about 'getting leaner' as more jobs get cut
A major restructuring of Dell's sales division is all about "winning and winning big!" executives t…
Polly Thompson
2 mins read
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
2 mins read
Tesla is laying off more than 10% of its workforce, memo shows
The layoffs at Tesla have come shortly after the carmaker posted lackluster delivery numbers.
Grace Kay,Jyoti Mann
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
CRED-owned Happay lays off 35% of its workforce
Corporate expense management platform Happay, owned by credit Card bill payment provider CRED, has …
1 min read
Fisker cuts deeper with new wave of summer layoffs
The embattled EV startup Fisker kicked off another round of layoffs on Wednesday, according to four…