HSBC to cut jobs to save 1.2 billion in costs - London Business News | Londonlovesbusiness.comHSBC plans to cut 8% of global staffing costs to save £1.2 billion, impacting senior management and UK operations.
Marvel Rivals layoffs are just part of NetEase's ice-cold job and game cutsNetEase is making significant layoffs despite the success of its game Marvel Rivals, reflecting broader financial and strategic shifts within the company.
BP to cut 4,700 jobs and 3,000 contractor roles to help save 1.6bnBP is cutting 5% of its workforce to save at least $2 billion by 2026 and address shareholder concerns.
Google will let platforms and devices employees leave voluntarily prior to layoffsGoogle is providing a voluntary exit option to employees in the Platforms and Devices team before potential layoffs.
Sainsbury's to axe more than 3,000 jobs - London Business News | Londonlovesbusiness.comSainsbury's is cutting over 3,000 jobs in a major business overhaul, including closing in-store cafes and reducing senior management.
Meta to cut 5% of staff as Mark Zuckerberg targets 'low performers': memoMeta plans to cut 5% of its workforce to enhance performance management while hiring new employees to replace those let go.
HSBC to cut jobs to save 1.2 billion in costs - London Business News | Londonlovesbusiness.comHSBC plans to cut 8% of global staffing costs to save £1.2 billion, impacting senior management and UK operations.
Marvel Rivals layoffs are just part of NetEase's ice-cold job and game cutsNetEase is making significant layoffs despite the success of its game Marvel Rivals, reflecting broader financial and strategic shifts within the company.
BP to cut 4,700 jobs and 3,000 contractor roles to help save 1.6bnBP is cutting 5% of its workforce to save at least $2 billion by 2026 and address shareholder concerns.
Google will let platforms and devices employees leave voluntarily prior to layoffsGoogle is providing a voluntary exit option to employees in the Platforms and Devices team before potential layoffs.
Sainsbury's to axe more than 3,000 jobs - London Business News | Londonlovesbusiness.comSainsbury's is cutting over 3,000 jobs in a major business overhaul, including closing in-store cafes and reducing senior management.
Meta to cut 5% of staff as Mark Zuckerberg targets 'low performers': memoMeta plans to cut 5% of its workforce to enhance performance management while hiring new employees to replace those let go.
Exclusive: Despite recent layoffs, Meta is expanding in IndiaMeta is cutting 5% of its employees while expanding its engineering presence in Bengaluru, hiring for critical positions in internal tools development.
Internal Meta documents show which teams were hit the hardest in 'low performer' cutsMeta's recent job cuts affected 3,115 employees, primarily from teams under head Tom Alison, with 335 roles eliminated.Overall, 5% of Meta's workforce experienced layoffs.
Meta could make performance-based job cuts an annual practice, leaked memo suggestsMeta plans to implement annual performance-based job cuts to enhance employee performance standards and manage workforce efficiency.
Meta's job cuts surprised some employees who said they weren't low-performersMeta's recent layoffs surprised many employees who received positive performance reviews, indicating inconsistency in evaluation before the cuts.
Meta employees brace for job cuts. Here's everything we know so far.Meta plans significant job cuts to enhance AI investments and streamline operations.
Meta to fire thousands of staff as Zuckerberg warns of intense year'Meta plans to cut about 5% of its workforce, focusing on low performers to strengthen its teams for an anticipated intense year.
Exclusive: Despite recent layoffs, Meta is expanding in IndiaMeta is cutting 5% of its employees while expanding its engineering presence in Bengaluru, hiring for critical positions in internal tools development.
Internal Meta documents show which teams were hit the hardest in 'low performer' cutsMeta's recent job cuts affected 3,115 employees, primarily from teams under head Tom Alison, with 335 roles eliminated.Overall, 5% of Meta's workforce experienced layoffs.
Meta could make performance-based job cuts an annual practice, leaked memo suggestsMeta plans to implement annual performance-based job cuts to enhance employee performance standards and manage workforce efficiency.
Meta's job cuts surprised some employees who said they weren't low-performersMeta's recent layoffs surprised many employees who received positive performance reviews, indicating inconsistency in evaluation before the cuts.
Meta employees brace for job cuts. Here's everything we know so far.Meta plans significant job cuts to enhance AI investments and streamline operations.
Meta to fire thousands of staff as Zuckerberg warns of intense year'Meta plans to cut about 5% of its workforce, focusing on low performers to strengthen its teams for an anticipated intense year.
Jobs axed at second-fastest pace since global financial crisis, PMI survey showsBritish businesses are significantly reducing jobs due to higher employment taxes and a rising National Living Wage, marking the sharpest cuts since 2009.
International aid groups axe thousands of jobs in wake of Trump funding freezeMajor international aid organizations are laying off thousands of staff due to US aid cuts, undermining disaster response capabilities.
Elon Musk's DOGE Keeps Accidentally Firing Very Important PeopleThe Department of Government Efficiency drastically cuts federal jobs, causing unintentional firings of crucial personnel amid rising public health concerns.
Trump's plan to slash the federal workforce isn't the first, it's just the worstPresident Trump's administration is using extreme measures to significantly reduce federal jobs, unprecedentedly leveraging a near-total hiring freeze and mass firings.
How the Trump and DOGE cuts could ruin National Parks this summerThe Trump administration's mass firing severely impacts emergency services and infrastructure at national parks.
Federal workers brace for more firings after judge lifts block on Trump administration job cuts US politics liveFederal workers face possible mass firings as judge rules in favor of Trump's job cuts.Concerns grow about legality and accuracy of firings citing poor performance.
Trump administration backtracks on eliminating thousands of national parks employeesPublic pressure has led to the reversal of job cuts at the National Park Service, allowing for increased seasonal hiring.
Trump's firing of 1,000 national park workers raises concerns about maintenance, operating hoursThe Trump administration has terminated 1,000 National Park Service employees amid efforts to downsize government, impacting park operations and visitor experience.
Elon Musk's DOGE Keeps Accidentally Firing Very Important PeopleThe Department of Government Efficiency drastically cuts federal jobs, causing unintentional firings of crucial personnel amid rising public health concerns.
Trump's plan to slash the federal workforce isn't the first, it's just the worstPresident Trump's administration is using extreme measures to significantly reduce federal jobs, unprecedentedly leveraging a near-total hiring freeze and mass firings.
How the Trump and DOGE cuts could ruin National Parks this summerThe Trump administration's mass firing severely impacts emergency services and infrastructure at national parks.
Federal workers brace for more firings after judge lifts block on Trump administration job cuts US politics liveFederal workers face possible mass firings as judge rules in favor of Trump's job cuts.Concerns grow about legality and accuracy of firings citing poor performance.
Trump administration backtracks on eliminating thousands of national parks employeesPublic pressure has led to the reversal of job cuts at the National Park Service, allowing for increased seasonal hiring.
Trump's firing of 1,000 national park workers raises concerns about maintenance, operating hoursThe Trump administration has terminated 1,000 National Park Service employees amid efforts to downsize government, impacting park operations and visitor experience.
Is your job safe? UK firms cutting jobs at fastest rate since pandemic - London Business News | Londonlovesbusiness.comUK companies are experiencing significant job cuts due to rising payroll costs and weak demand, prompting concerns about a potential stagflationary environment.
Vertu Motors axes jobs, closes showrooms and blames the Chancellor's BudgetVertu Motors will close showrooms and cut jobs due to a £10 million wage bill increase following the Autumn Budget.
Economist warns UK is 'pointing to a stagflationary environment' - London Business News | Londonlovesbusiness.comThe UK is facing economic stagnation with rising inflation, and business confidence is low, pointing towards potential job cuts.
Is your job safe? UK firms cutting jobs at fastest rate since pandemic - London Business News | Londonlovesbusiness.comUK companies are experiencing significant job cuts due to rising payroll costs and weak demand, prompting concerns about a potential stagflationary environment.
Vertu Motors axes jobs, closes showrooms and blames the Chancellor's BudgetVertu Motors will close showrooms and cut jobs due to a £10 million wage bill increase following the Autumn Budget.
Economist warns UK is 'pointing to a stagflationary environment' - London Business News | Londonlovesbusiness.comThe UK is facing economic stagnation with rising inflation, and business confidence is low, pointing towards potential job cuts.
Here's how National Park Service cuts could impact your summer vacationJob cuts at National Parks threaten safety and accessibility, raising concerns among advocates and employees.
Fired Park Rangers Try to Open Some Hearts' on Social MediaDismantling of federal park workforce raises fears for public lands under Trump administration.
Here's how National Park Service cuts could impact your summer vacationJob cuts at National Parks threaten safety and accessibility, raising concerns among advocates and employees.
Fired Park Rangers Try to Open Some Hearts' on Social MediaDismantling of federal park workforce raises fears for public lands under Trump administration.
IRS firings have begun. Tax evasion enforcement could be hit especially hard.The IRS has started terminating probationary workers amid workforce cuts during tax filing season.These terminations could disproportionately impact tax enforcement efforts at the IRS.
IRS cuts over 6,000 jobs in the middle of tax seasonIRS is reducing over 6,000 jobs during tax season, impacting taxpayer support and enforcement against wealthy tax evaders.
IRS will lay off thousands of probationary workers in the middle of tax seasonThe IRS plans to lay off thousands of probationary workers during tax season amid efforts to shrink the federal workforce.
IRS firings have begun. Tax evasion enforcement could be hit especially hard.The IRS has started terminating probationary workers amid workforce cuts during tax filing season.These terminations could disproportionately impact tax enforcement efforts at the IRS.
IRS cuts over 6,000 jobs in the middle of tax seasonIRS is reducing over 6,000 jobs during tax season, impacting taxpayer support and enforcement against wealthy tax evaders.
IRS will lay off thousands of probationary workers in the middle of tax seasonThe IRS plans to lay off thousands of probationary workers during tax season amid efforts to shrink the federal workforce.
Ontario college students and workers call on provincial candidates to fund post-secondary education | CBC NewsOntario colleges face significant job cuts and program reductions due to declining funding and changing international student policies.
'Tesla Takedown' protesters say they're just getting started denouncing DOGE at dealershipsProtests against Elon Musk's actions are intensifying due to concerns over job cuts and government agency disruptions.
Ontario college students and workers call on provincial candidates to fund post-secondary education | CBC NewsOntario colleges face significant job cuts and program reductions due to declining funding and changing international student policies.
'Tesla Takedown' protesters say they're just getting started denouncing DOGE at dealershipsProtests against Elon Musk's actions are intensifying due to concerns over job cuts and government agency disruptions.
Federal workers fired by Elon Musk's DOGE are sharing their anxieties on RedditEmployees in federal departments face abrupt firings as part of a government spending cut push led by Elon Musk.
Trump Urged to Halt Firings at the F.A.A.The Trump administration is urged to halt further layoffs at the FAA amidst concerns over aviation safety.
Trump Fires 1,000 National Park Workers, Raising Operational ConcernsThe Trump administration has laid off 1,000 National Park Service employees as part of a broader downsizing effort.
CNN Michael Moore Rips Trump For Cost of Daytona 500 StuntCutting government jobs while spending on high-profile protection for Trump reveals a disconnect from the struggles of American workers.
Pro-Trump Actor Begs Elon Musk Not To Leave Behind Good People' Losing Jobs In Necessary' DOGE CutsZachary Levi urged Elon Musk to ensure federal job cuts do not negatively impact hard-working employees.
Congressman Defends DOGE After It Lays off Hundreds of His Constituents, Questions if Their Jobs Were Necessary'Rep. Zinke supports government efficiency measures, stating jobs should be evaluated for necessity amidst significant cuts affecting federal workers in Montana.
Federal workers fired by Elon Musk's DOGE are sharing their anxieties on RedditEmployees in federal departments face abrupt firings as part of a government spending cut push led by Elon Musk.
Trump Urged to Halt Firings at the F.A.A.The Trump administration is urged to halt further layoffs at the FAA amidst concerns over aviation safety.
Trump Fires 1,000 National Park Workers, Raising Operational ConcernsThe Trump administration has laid off 1,000 National Park Service employees as part of a broader downsizing effort.
CNN Michael Moore Rips Trump For Cost of Daytona 500 StuntCutting government jobs while spending on high-profile protection for Trump reveals a disconnect from the struggles of American workers.
Pro-Trump Actor Begs Elon Musk Not To Leave Behind Good People' Losing Jobs In Necessary' DOGE CutsZachary Levi urged Elon Musk to ensure federal job cuts do not negatively impact hard-working employees.
Congressman Defends DOGE After It Lays off Hundreds of His Constituents, Questions if Their Jobs Were Necessary'Rep. Zinke supports government efficiency measures, stating jobs should be evaluated for necessity amidst significant cuts affecting federal workers in Montana.
German auto parts giant to slash thousands of jobs DW 02/18/2025Continental is cutting 3,000 jobs in its automotive division due to downturns in the German auto industry.
Continental: German auto parts giant cuts thousands of jobs DW 02/18/2025Continental is cutting 3,000 jobs by 2026 due to downturn in Germany's automotive industry, affecting multiple plants and resulting in a plant closure.
German auto parts giant to slash thousands of jobs DW 02/18/2025Continental is cutting 3,000 jobs in its automotive division due to downturns in the German auto industry.
Continental: German auto parts giant cuts thousands of jobs DW 02/18/2025Continental is cutting 3,000 jobs by 2026 due to downturn in Germany's automotive industry, affecting multiple plants and resulting in a plant closure.
US tech company to shed 142 staff in IrelandWorkday announced a global reduction of 1,750 jobs, marking its first major layoffs, influenced by a shift towards AI investments.
Amazon cuts jobs in its Fashion and Fitness group, according to internal messagesAmazon is cutting approximately 200 jobs in its Fashion and Fitness group as part of a restructuring effort.
HSBC is planning to cut thousands of jobs - here's what you need to know - London Business News | Londonlovesbusiness.comHSBC plans significant job cuts globally as part of a restructuring strategy under new CEO Georges Elhedery.
US tech company to shed 142 staff in IrelandWorkday announced a global reduction of 1,750 jobs, marking its first major layoffs, influenced by a shift towards AI investments.
Amazon cuts jobs in its Fashion and Fitness group, according to internal messagesAmazon is cutting approximately 200 jobs in its Fashion and Fitness group as part of a restructuring effort.
HSBC is planning to cut thousands of jobs - here's what you need to know - London Business News | Londonlovesbusiness.comHSBC plans significant job cuts globally as part of a restructuring strategy under new CEO Georges Elhedery.
Sweden's Northvolt asks for extension of bankruptcy protection processNorthvolt is restructuring under Chapter 11 bankruptcy while managing workforce reductions and production challenges in the battery market.
Some Republicans are pushing back on DOGE as firings hit their home statesSome Republicans are voicing opposition to rapid federal job cuts, stressing support for efficient government work while expressing concern for their states.
Southwest Air to cut 15% of corporate jobs in first-ever layoffsSouthwest Airlines will cut about 1,750 jobs, marking its first layoffs to reduce expenses amid financial challenges.
Amorim: We take responsibility for Utd job cutsRuben Amorim emphasizes the need for improved team performance to stabilize job security and mitigate ticket price hikes at Manchester United.
Southwest Air to cut 15% of corporate jobs in first-ever layoffsSouthwest Airlines will cut about 1,750 jobs, marking its first layoffs to reduce expenses amid financial challenges.
Amorim: We take responsibility for Utd job cutsRuben Amorim emphasizes the need for improved team performance to stabilize job security and mitigate ticket price hikes at Manchester United.
Blue Origin to cut 10% of workforce as it ramps up rocket launchesBlue Origin is cutting 1,400 jobs to focus on increasing rocket production and launch frequency following a successful test flight of New Glenn.
Manchester United report: New details revealed as Sir Jim Ratcliffe plans extreme cost-cutting measures at Old TraffordManchester United is facing further job cuts due to ongoing financial struggles and management turmoil.
How Manchester United are making big profits and huge losses at the same timeRatcliffe's investment in Manchester United sparked optimism but soon led to significant job cuts and disappointment among fans.The initial hope for a glorious turnaround was quickly overshadowed by controversial management decisions.
Ratcliffe is being cast as Scrooge but Glazers made Manchester United's mess | Jamie JacksonSir Jim Ratcliffe is cutting costs at Manchester United due to fears of impending bankruptcy stemming from years of financial mismanagement.
Ratcliffe believes latest Manchester United job cuts will help club avoid going bustRatcliffe aims to cut jobs at Manchester United to avoid bankruptcy and set a path towards financial recovery.
Sir Jim Ratcliffe believes more Man Utd job cuts will 'help club avoid going bust'Sir Jim Ratcliffe's job cuts aim to prevent Manchester United from going bankrupt amid a dire financial crisis.
Manchester United report: New details revealed as Sir Jim Ratcliffe plans extreme cost-cutting measures at Old TraffordManchester United is facing further job cuts due to ongoing financial struggles and management turmoil.
How Manchester United are making big profits and huge losses at the same timeRatcliffe's investment in Manchester United sparked optimism but soon led to significant job cuts and disappointment among fans.The initial hope for a glorious turnaround was quickly overshadowed by controversial management decisions.
Ratcliffe is being cast as Scrooge but Glazers made Manchester United's mess | Jamie JacksonSir Jim Ratcliffe is cutting costs at Manchester United due to fears of impending bankruptcy stemming from years of financial mismanagement.
Ratcliffe believes latest Manchester United job cuts will help club avoid going bustRatcliffe aims to cut jobs at Manchester United to avoid bankruptcy and set a path towards financial recovery.
Sir Jim Ratcliffe believes more Man Utd job cuts will 'help club avoid going bust'Sir Jim Ratcliffe's job cuts aim to prevent Manchester United from going bankrupt amid a dire financial crisis.
Where the 200,000 federal employees most vulnerable to DOGE's latest firing sweep live and workRecent federal workforce reductions primarily target probationary employees with less than a year of experience.Employees at military offices and in California are notably affected by these job cuts.
Losing federal jobs could affect Alaska's futureFederal jobs are crucial to Alaska's economy, potentially more so than the oil and gas industry.Job losses among federal employees could cause significant economic repercussions across the state.
Where the 200,000 federal employees most vulnerable to DOGE's latest firing sweep live and workRecent federal workforce reductions primarily target probationary employees with less than a year of experience.Employees at military offices and in California are notably affected by these job cuts.
Losing federal jobs could affect Alaska's futureFederal jobs are crucial to Alaska's economy, potentially more so than the oil and gas industry.Job losses among federal employees could cause significant economic repercussions across the state.
Porsche Will Cut 1,900 Jobs Amid Sluggish EV GrowthPorsche is reducing its workforce by 1,900 jobs due to slow electric vehicle adoption in Europe and decreasing growth in China.
Germany: Porsche set to slash jobs by 2029 DW 02/13/2025Porsche is cutting approximately 1,900 jobs by 2029, reflecting challenges in the automotive sector.
Porsche Will Cut 1,900 Jobs Amid Sluggish EV GrowthPorsche is reducing its workforce by 1,900 jobs due to slow electric vehicle adoption in Europe and decreasing growth in China.
Germany: Porsche set to slash jobs by 2029 DW 02/13/2025Porsche is cutting approximately 1,900 jobs by 2029, reflecting challenges in the automotive sector.
A comprehensive list of 2024 and 2025 tech layoffs | TechCrunchTech layoffs accelerated in 2024, with over 150,000 jobs eliminated across major and smaller companies.
A comprehensive list of 2024 and 2025 tech layoffs | TechCrunchOver 150,000 tech jobs were cut in 2024, emphasizing a continuing trend of layoffs.Major companies like Tesla and Google led significant layoffs, impacting innovation in the industry.
A comprehensive list of 2024 and 2025 tech layoffs | TechCrunchThe tech industry faced significant layoffs in 2024, continuing a downward trend since 2022.
A comprehensive list of 2024 and 2025 tech layoffs | TechCrunchTech layoffs in 2024 exceeded 150,000 across numerous companies, continuing a trend from previous years.
A comprehensive list of 2024 and 2025 tech layoffs | TechCrunchTech layoffs accelerated in 2024, with over 150,000 jobs eliminated across major and smaller companies.
A comprehensive list of 2024 and 2025 tech layoffs | TechCrunchOver 150,000 tech jobs were cut in 2024, emphasizing a continuing trend of layoffs.Major companies like Tesla and Google led significant layoffs, impacting innovation in the industry.
A comprehensive list of 2024 and 2025 tech layoffs | TechCrunchThe tech industry faced significant layoffs in 2024, continuing a downward trend since 2022.
A comprehensive list of 2024 and 2025 tech layoffs | TechCrunchTech layoffs in 2024 exceeded 150,000 across numerous companies, continuing a trend from previous years.
Bell Canada offering severance packages to 1,200 unionized employees | CBC NewsBell Canada is offering severance packages to 1,200 employees due to industry challenges.
Bird cuts 120 jobs, as part of 'strategic realignment' | TechCrunchBird is reducing its workforce by 120 jobs to realign operations for better global service amid AI adoption.
Facebook app owner Meta confirms launch of layoffs it previously revealedMeta Platforms has initiated global job cuts affecting low performers, impacting approximately 3,700 employees.The job cuts coincide with Meta's significant investments in artificial intelligence.
Workday slashes nearly 10% of staff amid AI focusWorkday is cutting 8.5% of its workforce to realign focus towards AI and improve business processes.
Meta to cut 5% of workforce based on performanceMeta is cutting 5% of its lowest performers to improve overall performance management, amidst broader investments in AI and efficiency.
Facebook app owner Meta confirms launch of layoffs it previously revealedMeta Platforms has initiated global job cuts affecting low performers, impacting approximately 3,700 employees.The job cuts coincide with Meta's significant investments in artificial intelligence.
Workday slashes nearly 10% of staff amid AI focusWorkday is cutting 8.5% of its workforce to realign focus towards AI and improve business processes.
Meta to cut 5% of workforce based on performanceMeta is cutting 5% of its lowest performers to improve overall performance management, amidst broader investments in AI and efficiency.
Boeing warns SLS staff that cuts could be on the wayBoeing could eliminate around 400 jobs due to potential changes in the Artemis program and associated cost reductions.
Salesforce planning more job cuts amid AI hiring pushSalesforce plans to cut 1,000 jobs while hiring for AI-related roles, marking a significant shift in its workforce strategy.
One of the world's biggest oil companies is cutting thousands of jobsBP is cutting 7,700 jobs as part of a strategy to simplify and enhance competitiveness.
Citigroup Lays Off Data Analysis Roles, Managing Directors | EntrepreneurCitigroup plans to reduce 20,000 jobs by 2026 to save on costs.The restructuring includes significant organizational simplification for improved decision-making.
Walmart to cut jobs amid a changing retail landscapeWalmart is cutting jobs and closing its North Carolina office to streamline operations and enhance competitiveness against Amazon.
Sainsbury's to cut 3,000 jobs and shut cafesSainsbury's to cut 3,000 jobs, closing cafes and counters to simplify the business in a challenging cost environment.
Salesforce planning more job cuts amid AI hiring pushSalesforce plans to cut 1,000 jobs while hiring for AI-related roles, marking a significant shift in its workforce strategy.
One of the world's biggest oil companies is cutting thousands of jobsBP is cutting 7,700 jobs as part of a strategy to simplify and enhance competitiveness.
Citigroup Lays Off Data Analysis Roles, Managing Directors | EntrepreneurCitigroup plans to reduce 20,000 jobs by 2026 to save on costs.The restructuring includes significant organizational simplification for improved decision-making.
Walmart to cut jobs amid a changing retail landscapeWalmart is cutting jobs and closing its North Carolina office to streamline operations and enhance competitiveness against Amazon.
Sainsbury's to cut 3,000 jobs and shut cafesSainsbury's to cut 3,000 jobs, closing cafes and counters to simplify the business in a challenging cost environment.
Estee Lauder to axe thousands of jobs - London Business News | Londonlovesbusiness.comEstee Lauder plans to cut up to 7,000 jobs globally to save $1 billion amid trade tariff challenges.
Estee Lauder to axe up to 7,000 jobs as global sales declineEstée Lauder plans to cut as many as 7,000 jobs due to rising costs and trade uncertainties.
Estee Lauder to axe thousands of jobs - London Business News | Londonlovesbusiness.comEstee Lauder plans to cut up to 7,000 jobs globally to save $1 billion amid trade tariff challenges.
Estee Lauder to axe up to 7,000 jobs as global sales declineEstée Lauder plans to cut as many as 7,000 jobs due to rising costs and trade uncertainties.
A comprehensive list of 2024 and 2025 tech layoffs | TechCrunchTech layoffs continued in 2024 with over 150,000 job cuts affecting major companies and startups alike.
Okta lays off 180 employees - nearly one year after last workforce reduction | TechCrunchOkta laid off 180 employees, marking significant job cuts following previous layoffs of 400 and 300 in just over one year.
A comprehensive list of 2024 and 2025 tech layoffs | TechCrunchTech layoffs continued in 2024 with over 150,000 job cuts affecting major companies and startups alike.
Okta lays off 180 employees - nearly one year after last workforce reduction | TechCrunchOkta laid off 180 employees, marking significant job cuts following previous layoffs of 400 and 300 in just over one year.
Microsoft's performance-based job cuts have started, according to termination letters sent to staffMicrosoft has implemented performance-based job cuts with immediate termination of benefits and no severance for some employees.
Another new year, another round of job cuts at MicrosoftMicrosoft's recent job cuts affect underperforming employees, representing less than 1% of its total workforce.
Microsoft's performance-based job cuts have started, according to termination letters sent to staffMicrosoft has implemented performance-based job cuts with immediate termination of benefits and no severance for some employees.
Another new year, another round of job cuts at MicrosoftMicrosoft's recent job cuts affect underperforming employees, representing less than 1% of its total workforce.
Amazon to close Quebec facilities, insists it's not because of new union | CBC NewsAmazon is closing its Quebec facilities and cutting over 1,700 jobs, citing cost savings and outsourcing deliveries.The decision comes amid ongoing unionization efforts and dissatisfaction among workers regarding pay and working conditions.
Amazon Layoffs: Dozens of Corporate Employees Cut in January | EntrepreneurAmazon is cutting jobs in its communications and sustainability units to improve efficiency and strengthen company culture.
Amazon to close Quebec facilities, insists it's not because of new union | CBC NewsAmazon is closing its Quebec facilities and cutting over 1,700 jobs, citing cost savings and outsourcing deliveries.The decision comes amid ongoing unionization efforts and dissatisfaction among workers regarding pay and working conditions.
Amazon Layoffs: Dozens of Corporate Employees Cut in January | EntrepreneurAmazon is cutting jobs in its communications and sustainability units to improve efficiency and strengthen company culture.
Nissan plans production cuts at these two U.S. plantsNissan is implementing job cuts and production adjustments in response to declining sales and growing inventory as part of a global efficiency initiative.
First Thing We Do, Let's Fire All The Lawyers - Above the LawJob security for new lawyers is threatened as the Trump administration reduces positions before they start.The firing of DOJ lawyers for involvement in Trump cases reflects instability in legal careers.Debate continues on the reliability of law firm bonuses and the concept of academic freedom.
Cardiff uni job cuts 'threaten supply of nurses'Job cuts at Cardiff University may jeopardize nurse training and healthcare staffing in Wales.
BBC World Service set to axe jobs to save 6 million in the next financial year - London Business News | Londonlovesbusiness.comBBC World Service to cut 130 jobs to save £6 million amid financial pressures.Rising inflation and past licence freezes contribute to BBC's projected £492 million deficit.Grant increase from the Foreign Office will not prevent necessary savings.
Tesco to cut hundreds of jobs - London Business News | Londonlovesbusiness.comTesco is cutting 400 jobs to simplify operations and focus on customer priorities.
Government under pressure on economy as British households anticipate worsening financesGovernment pressure to revitalize the economy as businesses face job cuts and rising prices amidst public financial concerns.
CNN readies for a shift away from TV - PoynterCNN is transitioning to a digital focus, cutting jobs in traditional TV while adding roles in digital areas amid industry changes.
CNN is cutting hundreds of TV jobs amid digital pivotCNN is shifting focus from TV to digital by cutting 200 jobs in TV roles and hiring 200 in digital.
CNN readies for a shift away from TV - PoynterCNN is transitioning to a digital focus, cutting jobs in traditional TV while adding roles in digital areas amid industry changes.
CNN is cutting hundreds of TV jobs amid digital pivotCNN is shifting focus from TV to digital by cutting 200 jobs in TV roles and hiring 200 in digital.
Canada's immigration department cutting roughly 3,300 jobs over 3 years | CBC NewsIRCC plans to cut about 3,300 jobs, a quarter of its workforce, over the next three years due to budget constraints.
Pamela Paul Is Out at the Times Opinion SectionThe New York Times Opinion section is negotiating the departure of columnist Pamela Paul amidst a series of job cuts.
BP to cut thousands of jobs as cost saving drive - London Business News | Londonlovesbusiness.comBP is reducing its workforce by cutting 4,700 jobs and 3,000 contractor roles as a cost-saving measure.
PageGroup makes cuts to their workforce - London Business News | Londonlovesbusiness.comPageGroup's profits fell significantly due to a weakening jobs market in Europe, prompting job cuts and profit warnings.