Search For "mass layoffs"
White House warns of mass layoffs as US government shutdown deepens
Updated : 7 months, 3 weeks ago IST
White House Press secretary Karoline Leavitt told reporters outside the White House that administration officials were already preparing for possible layoffs. "It's likely going to be in the thousands," she said, noting that the Office of Management and Budget (OMB) and other officials we
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Over 1,300 set to be fired as US State Dept reorganises workforce
Updated : 10 months, 2 weeks ago IST
The mass layoffs, which began Friday, are part of the Trump administration's broader effort to restructure the federal government.
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IT services firm Accenture to slash 19, 000 jobs worldwide
Updated : 3 years, 2 months ago IST
As mass layoffs continue to remain prevalent globally, another IT firm Accenture has planned to slash at least 19, 000 jobs worldwide due to an economic crunch, CNN reported.
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Meta plans to fire 10,000 employees in second round of mass layoffs
Updated : 3 years, 2 months ago IST
The latest layoffs, announced on Tuesday, come after Meta said in November that it was eliminating approximately 13% of its workforce, or 11,000 jobs, in the single largest round of cuts in the company's history, CNN reported.
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Washington understands impact of job cuts: White House on job cuts in majo
Updated : 3 years, 3 months 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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China's economy faces major turmoil amid unpaid wages, mass layoffs
Updated : 3 years, 4 months ago IST
If it remains unresolved, the consequences could be high for the ruling Communist Party which is making all efforts to maintain stability amid high youth unemployment, a flagging economy and an explosion of Covid across the country.
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How Leveraging digital marketing strategies can help during Inflation
Updated : 3 years, 6 months ago IST
New Delhi [India], November 23 (ANI/PNN): The next potential economic downturn is here- with rising inflation and mass layoffs, it's time for businesses to use digital marketing as a growth and revenue-earning opportunity.
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Amazon begins mass layoffs in US
Updated : 3 years, 6 months ago IST
The New York Times this week reported that Amazon was planning to lay off approximately 10,000 employees in corporate and technology roles. The report said the cuts would be the largest in the company's history.
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Amazon plans to lay off around 10,000 employees this week: Report
Updated : 3 years, 6 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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Facebook parent Meta to slash 11,000 jobs to cut expenses, transform its b
Updated : 3 years, 6 months ago IST
"We are also taking a number of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our hiring freeze through Q1," said Meta CEO Mark Zuckerberg in a statement on Wednesday.
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Elon Musk effect: Gigi Hadid quits Twitter, calls it a place of "hate"
Updated : 3 years, 6 months ago IST
American supermodel Gigi Hadid has deactivated her Twitter account after Elon Musk takeover.
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'I own the responsibility': Twitter co-founder Jack Dorsey apologizes amid
Updated : 7 months, 3 weeks ago IST
Co-founder and former CEO of Twitter, Jack Dorsey, issued an apology on Saturday to those who were working at present and had been laid off since Elon Musk's takeover of the microblogging site. In the midst of the massive layoffs at the San Francisco-based social media behemoth, Dorsey as
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