layoffs

TikTok Cuts ‘Hundreds’ Of Jobs

TikTok to cut jobs from operations and marketing teams amidst broader ByteDance restructuring, as it faces political tensions in US

2 months ago

Productivity Increases in Sectors Exposed To AI, PwC Finds

Sectors more exposed to AI are experiencing almost fivefold greater labour productivity growth, new report states

2 months ago

Tesla Layoffs Continue With Another 600 Jobs In California

Regulatory filing last week shows Elon Musk's Tesla is cutting another 600 jobs in California, across multiple departments

2 months ago

Toshiba Axes 4,000 Staff In Post-Delisting Restructuring Operation

Workforce blow. Newly privatised Toshiba has embarked on a 'revitalisation plan' that will entail the loss of 4,000 jobs

2 months ago

Google Staff Question Layoffs After Record Earnings

Staff at Google question CEO Sundar Pichai over 'significant decline' in workforce morale amid ongoing job cuts, despite strong financials

3 months ago

Tesla Fires Software, Service, Engineering Staff

Tesla lays off software, service, engineering staff after disbanding Supercharger team, as major cull continues

3 months ago

Alphabet Axes Hundreds Of Staff From ‘Core’ Organisation

Google is reportedly laying off at least 200 staff from its “Core” organisation, including key teams and engineering positions

3 months ago

Tesla Axes Entire Supercharger Team, Plus Senior Executives

Elon Musk dismisses two senior Tesla executives, plus the entire division that runs Tesla's Supercharger network

3 months ago

Tesla Posts Biggest Revenue Drop Since 2012

Elon Musk firm touts cheaper EV models, as profits slump over 50 percent in the face of falling sales and…

3 months ago

Tesla To Ask Shareholders To Reinstate Elon Musk’s $56 Billion Package

Tesla shareholders to be asked to reinstate Elon Musk's $56 billion pay package, days after Musk confirmed staff layoffs

3 months ago

Tesla Cuts More Than 10 Percent Of Workforce

Tesla lays off more than 10 percent of staff worldwide amidst slower growth, tougher competition from China

3 months ago

AI To Reduce Worker Numbers, Staffing Firm Adecco Warns

Survey from staffing firm Adecco warns AI will lead to many companies employing fewer people in the next five years

4 months ago

Apple Axes 600 Staff In First Layoffs Since Pandemic

Hundreds of Apple staff are to be handed their marching orders, reportedly centred on cancelled self-driving EV project

4 months ago

Amazon Web Services Lays Off Hundreds Of Staff

More job losses at Amazon, as AWS unit eliminates several hundred positions in sales, marketing and tech sections

4 months ago

Ericsson To Cut 1,200 Jobs in Sweden Amid ‘Challenging’ Market

Swedish telecoms giant Ericsson blamed “challenging mobile networks market” and “further volume contraction” for job losses

4 months ago

Electronic Arts Cuts 5 Percent Of Staff Amidst Jobs Bloodbath

Electronic Arts latest videogame company to engage in mass layoffs as industry continues to reel from pandemic overhiring

5 months ago

Expedia To Cut 8 Percent Of Workforce

After replacing its CEO earlier this month, Expedia confirms it will axe 1,500 jobs, or 8 percent of its workforce

5 months ago

Cisco Confirms It Will Cut More Than 4,000 Jobs

Bad news confirmed for employees at Cisco, after business confirms that more than 4,000 jobs are to be axed

5 months ago

Cisco To Cut ‘Thousands Of Jobs’ – Report

Staff at Cisco brace for bad news ahead of an earning statement this week, amid reports of thousands of layoffs

6 months ago

Amazon Cuts Hundreds Of Jobs In Health Units

More layoffs at Amazon as cost-cutting continues, with hundreds of jobs being axed at Pharmacy and One Medical divisions

6 months ago

Snap Cuts 10 Percent Of Staff

Social media firm Snap cuts 10 percent of staff as last year's surge in tech company layoffs continues into 2024

6 months ago

Cruise Faces $1bn Spending Cut By Parent GM

Robotaxi firm Cruise faces tough 2024, after parent General Motors says it will halve spending on self-driving cars

6 months ago

PayPal To Axe 9 Percent Of Global Workforce

Another blow for jobs market. PayPal to lay off 2,500 jobs as part of move to “right-size” the payments firm

6 months ago

Salesforce Lays Off 700 Staff – Report

American CRM giant Salesforce is reportedly reducing its workforce again, on top of a sizeable reduction back in 2023. The…

6 months ago

Microsoft Axes 1,900 Staff After Activision Acquisition

Microsoft adds to job gloom after axing 9 percent of its gaming division, after closing the Activision Blizzard acquisition

6 months ago

CEO Of eBay Confirms 1,000 Job Losses

Internal memo to eBay staff confirms 1,000 jobs or 9 percent of full-time employees, will be axed to ensure firm's…

6 months ago

SAP To Restructure 8,000 Jobs, Amid Business AI Push

Restructuring plan at SAP will impact 8,000 jobs, as firm focuses “on scalability of operations and Business AI”

6 months ago

Riot Games Cuts 11 Percent Of Staff In Latest Industry Job Losses

Tencent's Riot Games to cut 11 percent of staff as gaming industry continues 'course correction' after mass pandemic hiring

6 months ago

Amazon Lays Off 5 Percent Of Staff At ‘Buy With Prime’ Unit

Layoff misery continues as Amazon cuts 5 percent of staff at its 'Buy with Prime' unit, after cuts to other…

6 months ago

Google CEO Warns Staff To Expect More Job Cuts – Report

Internal memo from CEO Sundar Pichai warns Google staff to brace for more job cuts, as the firm has to…

6 months ago