job losses

Amazon Cuts Hundreds Of Jobs In Alexa Division

More job layoffs again at Amazon's Alexa division, on top of the 27,000 jobs already let go in the past…

6 months ago

Meta Profit Soars From Ongoing Strong Ad Spending

Meta Platforms beats expectations in its Q3 financials, helped by an ongoing uptick in digital ad spend and cost cutting…

7 months ago

Amazon Trials Humanoid Robot, Prompting Job Fears

Experiment to automate a couple of Amazon warehouse in the US via the use of robots, has prompted job loss…

7 months ago

Nokia To Axe 14,000 Jobs As US Demand Declines

Heavy job losses at Finnish telecoms supplier Nokia, amid weak demand for 5G equipment in US and elsewhere

7 months ago

LinkedIn To Cut More Jobs, In Second Round Of Layoffs

Another 668 people across LinkedIn's engineering, product, talent and finance teams are to be made redundant, in second tranche of…

7 months ago

Qualcomm To Axe Jobs Amid Shrinking Revenue

Filing in California reveals Qualcomm is to axe 1,258 jobs in the US state, after previous warning of shrinking revenues

7 months ago

TalkTalk To Split Into Three Companies, With CEO To Step Down

Job losses expected, as TalkTalk confirm plan to “demerge its main operating businesses” into three standalone entities

8 months ago

Newport Wafer Fab To Cut Jobs, Blames Government Restrictions

National security restrictions blamed as Welsh chip factory proposes to axe 100 jobs, as search for new owner continues

8 months ago

Binance Product Head Resigns Amid US Investigation

Binance's global head of product resigns, amid a number of executive departures, job losses, and US regulatory lawsuit

9 months ago

AI Growth Prompts Job Takeover Fears, Corndel Finds

Younger employees in particular fear their jobs are at risk due to the rise of artificial intelligence (AI), Corndel finds

9 months ago

Virgin Media O2 To Axe 2,000 UK Jobs

Price of 2001 merger? Virgin Media O2 is to axe 12 percent of its workforce, as it seeks to “simplify”…

10 months ago

Microsoft Confirms More Job Losses

Software giant Microsoft confirms it is axing more staff, in addition to the 10,000 job losses announced in January

10 months ago

Google Axes Waze Staff Amid Consolidation

Worrying sign for Waze? Six months after Alphabet merged its Waze and Google Maps teams, comes news of Waze layoffs

11 months ago

Reddit To Axe 5 Percent Of Workforce

More layoffs in tech sector, as Reddit confirms it will dismiss approximately 5 percent of its workforce and reduce hiring

11 months ago

Meta Starts Axing Nearly 20 Percent Of Irish Workforce

Nearly 500 jobs are being axed at Meta's international headquarters in Ireland, in its third and final round of layoffs

12 months ago

BT To Cut 55,000 Jobs By 2030

Sign of things to come? BT is cull 55,000 jobs by 2030, and says that a fifth of the roles…

12 months ago

Vodafone To Cut 11,000 Jobs, After Strategic Review

New boss of Vodafone loses little time and confirms 11,000 jobs are to go, as the operator seeks to turn…

1 year ago

Microsoft Freezes Salaries, Amid Economic Uncertainty

CEO Satya Nadella informs Microsoft workforce there will be no salary increases in 2023, and executive bonuses will be 'down…

1 year ago

Meta Pleases Investors After Sales Rise, As Profits Dive

Plunge in profits at Facebook parent, but Meta pleases Wall Street after sales rose for first time after three quarters…

1 year ago

Meta Lays Off Technical Staffers, In Another Workforce Blow

Second tranche of layoffs begin at Meta Platforms, as engineers and other technical staff are made redundant

1 year ago

Google Staff In London Walkout Over Job Cuts

Some of Google's 5,000 staff in the UK walkout over dispute about job cuts, mirroring similar walkout in Zurich last…

1 year ago

Virgin Orbit Lays Off 85 Percent Of Staff

Nearly 700 jobs to go at Sir Richard Branson’s rocket company Virgin Orbit Holdings, amid reports it will cease operations

1 year ago

Accenture To Cut 19,000 Jobs, After Lowering Forecasts

Accenture confirms it will axe 19,000 jobs, or 2.5 percent of its workforce, amid “significant economic and geopolitical uncertainty”

1 year ago

Meta To Layoff Another 10,000 Staff

Mark Zuckerberg's 'year of efficiency' continues after he makes “difficult decision” to axe 10,000 jobs, on top of November's 11,000…

1 year ago

Musk Apologises After Mocking Fired Twitter Director

Haraldur Thorleifsson asked Elon Musk if he had been fired. Musk mocked him in his reply, but later backtracked and…

1 year ago

Amazon Pauses Construction At Second HQ In Virginia

Construction on the second phase Amazon's HQ2 in Virginia has been paused, amid cost cutting at the e-commerce giant

1 year ago

Ericsson Pleads Guilty Over Bribery Charges, Axes 8,500 Jobs

Thousands of staff impacted by headcount reduction, as giant telecoms giant pleads guilty to US bribery charges

1 year ago

Meta Prepping Fresh Round Of Layoffs – Report

Facebook parent Meta is reportedly planning a fresh round of job cuts, after axing more than 11,000 staff last year

1 year ago

Avaya Files For Chapter 11 Protection, Again

Filing for bankruptcy protection will allow cloud comms provider Avaya to reduce its total debt burden to manageable levels

1 year ago

Yahoo To Lay Off 20 Percent Of Workforce

Job losses to begin at Yahoo with 1,600 staff set to lose their positions, in latest tranche of layoffs impacting…

1 year ago