#job cuts

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#job-cuts
Theregister
2 weeks ago
Tech industry

Tesla lays off even more workers, including engineers, devs

Tesla has undergone multiple rounds of layoffs, which have affected a wide range of employees including engineers and developers. [ more ]
www.theguardian.com
2 weeks ago
Business

Boohoo dives into debt as losses soar to 160m and sales slump

Boohoo faces financial challenges with job cuts, debt increase, and sales decline amidst intense market competition. [ more ]
South China Morning Post
3 days ago
Marketing

ByteDance-owned TikTok said to cut hundreds of jobs globally

TikTok is laying off hundreds of global employees in operations and marketing to streamline its business amid potential US ban. [ more ]
TechCrunch
3 days ago
Business

Lucid Motors slashes 400 jobs ahead of crucial SUV launch | TechCrunch

Lucid Motors is restructuring, laying off 6% of its workforce to optimize resources and focus on future success and growth. [ more ]
Dallas News
1 week ago
Remote teams

Walmart asking Dallas employees to move, cutting jobs and ending remote work

Walmart is asking remote workers to return to the office and consolidating corporate staff to its headquarters, cutting jobs and relocating workers to bigger hubs. [ more ]
TheStreet
1 week ago
Business

Walmart cuts jobs, asks remote workers to relocate

Nasdaq and S&P 500 hit record highs, Home Depot sees sales drop, Walmart cutting jobs and closing stores due to changing consumer habits. [ more ]
morejob-cuts
ABC7 San Francisco
5 months ago
SF parents

SFUSD faces $421 million deficit; district could cut more than 900 vacant jobs

San Francisco Unified School District (SFUSD) is facing a $421 million budget shortfall and is planning to cut 927 jobs.
The vacant positions, including teachers and administrators, will save the district $103 million annually. [ more ]
www.npr.org
5 months ago
Media industry

'Washington Post' journalists stage daylong strike under threat of job cuts

More than 750 employees at The Washington Post walked off the job in protest of stalled contract negotiations and planned job cuts.
The strike is the most serious labor action at the paper in decades, highlighting deep concerns among staff members. [ more ]
www.cbc.ca
5 months ago
Canada news

CBC head Catherine Tait summoned to Commons committee over job cuts, executive bonuses | CBC News

Members of Parliament are calling on CBC president Catherine Tait to testify about the planned job cuts and potential bonuses for executives at the public broadcaster.
The House of Commons heritage committee unanimously agreed to summon Tait to appear in the new year and report that bonuses for executives would be inappropriate given the job cuts. [ more ]
Mail Online
5 months ago
Career

Laid-off employees can take these six steps to further their career

Laid-off employees should carefully review their layoff packages before signing anything and consider consulting a lawyer if needed.
Within 48 hours of being terminated, it is important for employees to update their resume and LinkedIn page to increase their chances of finding a new job quickly. [ more ]
WSJ
5 months ago
Tech industry

Telefonica Proposes Restructuring Affecting More than 5,000 Jobs in Spain

Telefonica plans to implement a workforce restructuring plan affecting 5,124 jobs in Spain by 2026. [ more ]
London Business News | Londonlovesbusiness.com
6 months ago
Business intelligence

Chemicals manufacturer Johnson Matthey to axe hundreds of jobs

Johnson Matthey is cutting 30% of their management team and axing around 600 jobs in an effort to cut costs and reorganize the business.
The company will focus on being a global energy transition business and investing in new technologies.
Four manufacturing sites will close, adding to the three that were closed earlier this year. [ more ]
New York Post
6 months ago
Artificial intelligence

Amazon cutting 'several hundred' jobs at Alexa unit in AI-driven shakeup: report

Amazon is trimming jobs at its Alexa voice assistant unit due to shifting business priorities and a focus on generative artificial intelligence.
The cuts affect several hundred employees working on Alexa, with specific numbers not disclosed.
Many companies are shifting resources to generative AI, which can create software code and lengthy text responses from short prompts. [ more ]
Axios
6 months ago
Online marketing

Media jobs slashed amid soft ad market

Media companies are cutting their workforces due to volatility in the ad market.
Government subsidies are no longer available to small businesses.
Nearly 20,000 jobs have been eliminated in the media industry this year. [ more ]
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