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  • JOB CUTS

Tag: JOB CUTS

Round of unrelenting job cuts hit Big Tech, media companies
Technology

Round of unrelenting job cuts hit Big Tech, media companies

February 6, 2024February 6, 2024

As some firms equivalent to Snap, which runs the youth-focused on the spot messaging Snapchat platform, proceed to announce recent job cuts reflecting financial uncertainties

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Microsoft lays off 1,900 employees after Activision Blizzard buyout
Economy

Microsoft lays off 1,900 employees after Activision Blizzard buyout

January 25, 2024January 25, 2024

Microsoft is shedding about 1,900 staff from its gaming division, in line with an inside firm memo, simply over three months because the tech big

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New Vodafone boss takes aim at costs with 11,000 job cuts
Technology

New Vodafone boss takes aim at costs with 11,000 job cuts

May 16, 2023May 16, 2023

New Vodafone boss Margherita Della Valle mentioned she would lower 11,000 jobs over three years to assist the telecoms group regain its aggressive edge after

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Amazon to cut 9,000 jobs in second round of layoffs
Technology

Amazon to cut 9,000 jobs in second round of layoffs

March 20, 2023

Amazon.com Inc. on Monday mentioned it could axe one other 9,000 roles totaling 27,000 job cuts in current months, trimming from its long-profitable cloud unit

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Tech firms, Wall Street lead job-slashing wave in corporate America
Technology

Tech firms, Wall Street lead job-slashing wave in corporate America

March 15, 2023

Big Tech companies and Wall Street titans are main a string of layoffs throughout company America as corporations look to rein in prices to experience

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Twitter slashes 10% of workforce in new layoff salvo: Report
Technology

Twitter slashes 10% of workforce in new layoff salvo: Report

February 27, 2023

Twitter has laid off a minimum of 200 staff, or 10% of its workforce, in response to The New York Times, in its newest spherical

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Ericsson to cut 8,500 jobs in largest telecoms industry layoff
Technology

Ericsson to cut 8,500 jobs in largest telecoms industry layoff

February 24, 2023

Ericsson on Friday introduced it will minimize about 8,500 jobs worldwide as a part of a cost-cutting program, news businesses reported, marking the biggest layoff

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Philips to slash 6,000 jobs to restore profitability, improve safety
Technology

Philips to slash 6,000 jobs to restore profitability, improve safety

February 7, 2023February 7, 2023

Philips on Monday introduced it could scrap one other 6,000 jobs worldwide, in a drive geared toward restoring its profitability and bettering the protection of

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Dell reportedly to slash about 6,650 jobs
Technology

Dell reportedly to slash about 6,650 jobs

February 6, 2023February 6, 2023

The United States know-how big Dell Technologies is reportedly set to slash about 6,650 jobs, or about 5% of its world workforce, harm by falling

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Spotify to slash 6% of workforce, adding to tech layoffs glut
Technology

Spotify to slash 6% of workforce, adding to tech layoffs glut

January 23, 2023

Swedish music streaming large Spotify stated Monday it was planning to chop 6% of its roughly 10,000 workers, including to a glut of layoffs within

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