You Searched For "workforce reductions" and got 15 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
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
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
Micron falls as the chipmaker announces big workforce reduction and gives dismal outlook
The chipmaker plans to lay off 10% of its workforce and has slashed company bonuses amid a tough ec…
Jennifer Sor
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
4 mins read
A former stay-at-home dad says he's struggling to find a job after his nearly 20-year break from the workforce: 'I'm underqualified for jobs that I used to do'
A former stay-at-home dad who hasn't worked in 20 years said he sees few paths to reentering the wo…
Jacob Zinkula
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
3 mins read
Rivian, Amazon, and Apple are snapping up laid-off Tesla employees amid Elon Musk's workforce-reduction plans
Former Tesla workers may not be on the job market for long after Elon Musk laid off 10% of salaried…
Grace Kay
1 min read
Automotive digital marketplace TrueCar lays off 24% of workforce
US-based automotive digital marketplace TrueCar has announced the laying off of nearly 24 per cent …
1 min read
Tesla leaps 9% as CEO Elon Musk confirms workforce reduction of 3.5% and says demand for its electric vehicles is 'extremely high'
The "wait list is long" for Tesla EVs, Musk told Bloomberg. The CEO said the electric vehicle maker…
Carla Mozée
1 min read
Chip-maker Micron to cut 10% of its workforce
Chip-maker Micron has announced that it will reduce its workforce by about 10 per cent in 2023 in r…
2 mins read
Richard Branson's rocket company Virgin Orbit lays off 85% of workforce
Virgin Orbit, the rocket company founded by British billionaire Richard Branson, has laid off nearl…
1 min read
Streaming company Roku to fire 200 US employees
According to the company, the cuts aim to reduce its "headcount expenses" by around 5 per cent b…