Northvolt is reducing workforce and pausing expansion to manage financial challenges.
Swedish battery maker Northvolt blames 'challenging' market for workforce job cuts
Northvolt is scaling back operations and cutting jobs to focus on its main gigafactory in Sweden amidst challenging market conditions.
Will Volkswagen remain a German company? DW 01/15/2025
Volkswagen is struggling with declining sales and increased competition in the electric vehicle market, leading to significant operational and workforce cuts.
Quebec's Lion Electric temporarily lays off more than half of remaining workforce | CBC News
Lion Electric is laying off 400 more employees, halving its workforce to approximately 300, while pursuing financial restructuring.
Sweden's Northvolt cuts 1,600 amid EV slowdown
Northvolt is reducing workforce and pausing expansion to manage financial challenges.
Swedish battery maker Northvolt blames 'challenging' market for workforce job cuts
Northvolt is scaling back operations and cutting jobs to focus on its main gigafactory in Sweden amidst challenging market conditions.
Will Volkswagen remain a German company? DW 01/15/2025
Volkswagen is struggling with declining sales and increased competition in the electric vehicle market, leading to significant operational and workforce cuts.
Quebec's Lion Electric temporarily lays off more than half of remaining workforce | CBC News
Lion Electric is laying off 400 more employees, halving its workforce to approximately 300, while pursuing financial restructuring.
Klarna models the future of work as headcount shrinks for AI
Klarna's CEO forecasts significant workforce reduction due to successful AI implementation, performing the work of hundreds of employees more efficiently.
Klarna Replaces Workers With AI With Hiring Freeze, Pay Bump | Entrepreneur
Klarna is enhancing employee salaries tied to productivity improvements from AI, despite a significant workforce reduction over the past year.
Klarna has 1,800 employees it hopes AI will render obsolete
Klarna plans to reduce its workforce to 2,000 employees, leveraging AI to maintain productivity and efficiency.
Klarna models the future of work as headcount shrinks for AI
Klarna's CEO forecasts significant workforce reduction due to successful AI implementation, performing the work of hundreds of employees more efficiently.
Klarna Replaces Workers With AI With Hiring Freeze, Pay Bump | Entrepreneur
Klarna is enhancing employee salaries tied to productivity improvements from AI, despite a significant workforce reduction over the past year.
Klarna has 1,800 employees it hopes AI will render obsolete
Klarna plans to reduce its workforce to 2,000 employees, leveraging AI to maintain productivity and efficiency.
Edelman cuts 5% of global workforce amid restructuring
Edelman is restructuring to streamline global PR services amid economic challenges, impacting over 330 employees and closing several boutique agencies.
Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles
23andMe is cutting 40% of its workforce and halting therapy development to focus on consumer services after a significant data breach.
Read the Walmart memo ordering remote employees to relocate
Walmart is slashing corporate positions and asking remote workers to relocate to central hubs while some employees can work remotely part-time.
Edelman cuts 5% of global workforce amid restructuring
Edelman is restructuring to streamline global PR services amid economic challenges, impacting over 330 employees and closing several boutique agencies.
Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles
23andMe is cutting 40% of its workforce and halting therapy development to focus on consumer services after a significant data breach.
Read the Walmart memo ordering remote employees to relocate
Walmart is slashing corporate positions and asking remote workers to relocate to central hubs while some employees can work remotely part-time.
23andMe customer? Here's what to know about the privacy of your genetic data.
23andMe is drastically reducing its workforce and exploring privatization amid significant concerns about genetic data security and ownership restructuring.
23andMe cuts 40% of staff in restructuring | TechCrunch
23andMe is cutting 40% of its workforce and discontinuing its therapeutics business to focus on its core consumer operations.
DNA-testing site 23andMe to lay off 40% of its workers
23andMe is cutting 40% of its workforce and halting therapy developments to focus on its core consumer business amid financial struggles.
23andMe customer? Here's what to know about the privacy of your genetic data.
23andMe is drastically reducing its workforce and exploring privatization amid significant concerns about genetic data security and ownership restructuring.
23andMe cuts 40% of staff in restructuring | TechCrunch
23andMe is cutting 40% of its workforce and discontinuing its therapeutics business to focus on its core consumer operations.
DNA-testing site 23andMe to lay off 40% of its workers
23andMe is cutting 40% of its workforce and halting therapy developments to focus on its core consumer business amid financial struggles.
Boeing to cut workforce by 10% as strike eats into reserves
Boeing plans to cut around 10% of its workforce due to ongoing strikes and financial difficulties.
Boeing's endless doom loop gives no respite to new CEO Ortberg
Boeing's ongoing crises reveal deep-rooted quality issues and a struggling workforce, as the company aims for recovery amid drastic leadership changes.
Boeing to cut workforce by 10% as strike eats into reserves
Boeing plans to cut around 10% of its workforce due to ongoing strikes and financial difficulties.
Boeing's endless doom loop gives no respite to new CEO Ortberg
Boeing's ongoing crises reveal deep-rooted quality issues and a struggling workforce, as the company aims for recovery amid drastic leadership changes.
The company faces significant challenges requiring structural changes and a focus on core areas to ensure competitiveness.
Northvolt to cut 1,600 jobs; suspends Ett expansion project
Northvolt restructures operations, cutting 1,600 jobs to accelerate production at Northvolt Ett amid cancelled contracts and production delays.
So you lost your job at Klarna to AI - at least your former coworkers get a pay rise
Generative AI is beginning to influence job reductions in major companies, signaling that the threat of widespread layoffs is becoming reality.
Lyft to lay off employees as it gets rid of some bikes and scooters
Lyft is laying off 1% of its workforce to focus on its core product offerings and discontinue certain bike and scooter operations.
The OpenAI squad in charge of mitigating the risks of super-intelligent AI has lost nearly half its members, says a former researcher
OpenAI's AI safety team has been reduced significantly, impacting efforts focused on AGI safety and preparedness.
Former researcher Daniel Kokotajlo highlights a trend of marginalization among AI safety personnel at OpenAI.
GoPro to Cut 15 Percent of Workforce in Restructuring Push
GoPro is restructuring by cutting 15% of its workforce to reduce costs amid declining revenues. Layoffs will affect approximately 139 jobs.
Google Expands AI Overviews to More Regions; Paramount to Cut 15% of Workforce; AltStore Launches on iOS for EU Users
Google's AI Overview feature is now available in more regions and is boosting traffic to publishers.
Paramount Global is making significant workforce reductions to streamline costs amid financial challenges.
Sabrina Caluori Exits as Head of Kids and Family Marketing for Nickelodeon, Paramount+
Sabrina Caluori, the head of global kids and family marketing for Nickelodeon and Paramount+, has departed Paramount, amid organizational restructuring.
Intel to slash 15,000 jobs amid struggles to keep up with Nvidia and AMD
Intel plans to cut 15% of its workforce to reduce costs by $10bn in 2025.
Exclusive: Sprinklr lays off more than 100 employees
Sprinklr laid off 3% of its workforce, 116 people, to realign customer operations team.
San Jose-based solar-power firm cutting 1,000 workers
SunPower will reduce its workforce by more than 25% due to the rooftop solar industry's prolonged slump.
New Survey Shows AI May Be Reducing Worker Numbers
Approximately 41% of companies anticipate a reduction in their workforce due to AI integration.
AI will reduce workforce, say 41% of execs in a survey
41% of senior executives expect smaller workforce due to AI in 5 years.
Only 50% of leaders plan to redeploy employees affected by AI, raising concerns about skills scarcity.
Mars Mission's Budget Problems Force NASA Layoffs
The Jet Propulsion Laboratory (JPL) is reducing its workforce by about 8%, affecting approximately 530 employees and 40 contractors.
The budgetary cuts are necessary to adhere to the allocation while continuing important work for NASA and the nation.