Search For "job cut"
Amazon plans to lay off 9,000 more workers: CEO
Updated : 2 years, 12 months ago IST
The latest cuts come after the company announced earlier this year that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant.
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IBM to cut 3,900 jobs amid broader tech slowdown: WSJ
Updated : 3 years, 1 month ago IST
The job cuts will stem from Kyndryl Holdings, the IT services business that IBM spun off last year, and its healthcare divestiture, from which the company will incur about a USD 300 million charge, a spokesman told WSJ.
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Washington understands impact of job cuts: White House on job cuts in majo
Updated : 3 years, 1 month ago IST
"The President has said this many times, he's going to do everything that he can to make sure this is an economy that works for everyone, that works from the bottom up and middle out. And that's what you've seen from his economic plans," Pierre said during a press conference.
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Layoff Season: US media witness massive job cuts
Updated : 3 years, 1 month ago IST
According to CNN, Vox Media, publisher of news websites like Vox and The Verge has announced that it will lay off 7 per cent of its workforce.
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Microsoft to lay off 10,000 employees by third quarter of 2023
Updated : 3 years, 1 month ago IST
Microsoft Corporation will lay off approximately 10,000 employees by the end of the third fiscal quarter of 2023 in response to macroeconomic conditions and changing customer priorities
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Microsoft to lay off thousands of employees today: Report
Updated : 3 years, 1 month ago IST
Microsoft is under pressure to maintain growth rates at its cloud unit Azure, after several quarters of the downturn in the personal computer market hurt Windows and devices sales.
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Google may soon opt for layoffs as it introduces new performance managemen
Updated : 3 years, 3 months ago IST
The new performance management system, once implemented early next year, could make way for human resource managers to push thousands of underperforming Google employees, multiple news reports quoted technology-focused publication The Information.
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Amazon plans to lay off around 10,000 employees this week: Report
Updated : 3 years, 4 months ago IST
Amazon enters the ongoing trend of mass layoffs as the online shopping platform has planned to cut down jobs of around 10, 000 employees this week, as per several media reports. However, the exact number of job cuts still remains unknown.
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Meta CEO Mark Zuckerberg confirms laying off employees today: Report
Updated : 3 years, 4 months ago IST
Zuckerberg appeared downcast in Tuesday's meeting and said he was accountable for the company's missteps. His over-optimism about growth had led to overstaffing.
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Facebook parent Meta prepares for large-scale layoffs this week
Updated : 3 years, 4 months ago IST
Facebook parent Meta is preparing for large-scale layoffs this week which is expected to affect many thousands of its workforce.
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US job cuts up in April for 2nd month in row as employers assess risks
Updated : 3 years, 10 months ago IST
Washington [US], May 5 (ANI/Sputnik): Job cuts in the United States rose for a second month in a row in April as employers assessed costs and the growing risk of inflation in a labor market that has mostly seen record demand for workers over the past year, employment tracker Challenger, Gray
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China's tech crackdown wreaks havoc in jobs market
Updated : 3 years, 12 months ago IST
Beijing [China], March 21 (ANI): China's tech crackdown has adversely affected the jobs market amid economic headwinds laden with stories about frozen headcounts and lay-offs.
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