Instagram Youtube Facebook Google News Icon google-news Tiktok Icon Quora Icon quora
  1. Home
  2. Layoffs

Tag: Layoffs

Firms Plan to Cut Recruitment and Increase Redundancies Over Rising Costs

Firms Plan to Cut Recruitment and Increase Redundancies Over Rising Costs

Research indicates that every UK business plans to reduce workforce levels and put more expenses on services while saving training funds due to employment expense hikes. CIPD research shows companies will review their recruitment strategy

A Massive Harsh Layoffs: Trump 2.0 Fires Federal Employees via Team Meeting and Given 30 Minutes to Leave

A Massive Harsh Layoffs: Trump 2.0 Fires Federal Employees via Team Meeting and Given 30 Minutes to Leave

In an ambitious attempt to downsize the federal workforce, the Trump administration has dismissed more than 9,500 federal employees. Many received last-minute notifications via Microsoft Teams calls and an order to vacate their offices within

Employees express frustration as JPMorgan Chase layoffs begin after record profits

Employees express frustration as JPMorgan Chase layoffs begin after record profits

Managers at JPMorgan Chase are notifying employees of job cuts, according to people holding close information about the matter. It is part of a series of layoffs the prominent bank is planning to make throughout

Meta Announces 4,000 Layoffs as Part of AI-Driven Restructuring 

Meta Announces 4,000 Layoffs as Part of AI-Driven Restructuring 

Meta announced its layoff of 4,000 employees citing the need to align with its newly increased AI-driven goals. This is part of a larger restructuring program of the company during which it proceeds with reorganizing

Chevron Announces Massive Layoffs, Slashing up to 20% of Workforce

Chevron Announces Massive Layoffs, Slashing up to 20% of Workforce

“Chevron is taking action to simplify our organizational structure, execute faster and more effectively and position the company for stronger long-term competitiveness” said the Vice Chairman, Mark Nelson. On Wednesday, Chevron Corporation announced their upcoming

Meta Initiates Performance-Based Layoffs, Targeting 5% of Global Workforce

Meta Initiates Performance-Based Layoffs, Targeting 5% of Global Workforce

Meta Platforms takes another staffing reduction today by axing 5% of employee positions worldwide through performance-based job cuts. The technology firm started contacting staff at 5 AM PST and planned to touch 4,000 employees worldwide

Sonos layoffs: Famous audio brand plans 200 job cuts

Sonos layoffs: Famous audio brand plans 200 job cuts

Sonos, a reputed audio equipment manufacturer, is cutting 200 jobs as part of a major restructuring effort. It comes after a 100-person layoff last year. CEO Tom Conrad announced the layoffs during an internal call

Salesforce Restructures Workforce, Balancing Layoffs & AI Hiring

Salesforce Restructures Workforce, Balancing Layoffs & AI Hiring

Salesforce the global CRM giant announced about the upcoming layoff. This wave of layoff will impact over 1,000 employees. This move by the Salesforce comes at the time when company is continueing to invest in

More than 1,300 Google workers petition for job security amid layoffs

More than 1,300 Google workers petition for job security amid layoffs

Amid increasing tech layoffs across leading companies, a mass of Google workers have launched a new campaign to push for job security at the Bay Area giant. More than 1,300 Google employees have signed a

Trump Administration Orders Immediate Leave for Federal DEI Staff, Signaling Mass Layoffs

Trump Administration Orders Immediate Leave for Federal DEI Staff, Signaling Mass Layoffs

The Trump administration first made federal DEI staff work without pay pending their permanent termination. The Office of Personnel Management issued its January 21, 2021 memo to put Diversity and Inclusion staff on paid leave