Tag: Layoffs
Tech Industry Sees Massive Layoffs in 2024: 149,000+ Jobs Cut
The year 2024 has been marked by a significant wave of layoffs in the tech industry, with major companies such as Intel, Tesla, Cisco,...
Thyssenkrupp Steel Division to Face Major Job Cuts by 2030
Thyssenkrupp Steel Europe, Germany's largest steelmaker, has announced plans to cut 5,000 jobs by 2030 as part of a major restructuring effort.
The company...
Freshworks Streamlines Operations with 13% Workforce Cut
Freshworks, the California-based IT service management firm, has announced it will lay off approximately 13% of its global workforce, impacting around 660 employees.
This...
LinkedIn Reduces Workforce by 200 in Strategic Realignment
LinkedIn has announced the layoff of approximately 200 employees, which accounts for about one percent of its global workforce.
The affected roles are primarily...
Ola Electric to Lay Off 500 Employees in Restructuring Move
Ola Electric, the Bengaluru-based electric vehicle maker, has announced a significant restructuring exercise that will impact around 500 employees.
This move is part of...
Deloitte UK’s Advisory Division: 180 Job Cuts in Restructuring
Deloitte, the renowned consulting giant, has announced a significant restructuring plan that will result in the layoff of 180 employees across its UK advisory...
Salesforce Plans Workforce Reduction at Recently-Acquired Own
Salesforce, the global leader in customer relationship management software, has announced plans to cut jobs at Own, the data management startup it recently acquired...
Outrage as CEO Fires 99 Employees for Missing Morning Meeting
A US-based CEO has sparked outrage online after firing 99 employees for missing a morning meeting, leaving only 11 employees in the company.
The...
Siemens to Cut Jobs to Streamline Operations and Cut Costs
Siemens AG, the German industrial giant, has announced plans to cut up to 5,000 jobs in its automation division.
This decision comes in response...
General Motors Reduces Workforce by 1,000 to Save $2 Billion
General Motors (GM) has announced plans to lay off approximately 1,000 employees worldwide as part of a strategy to reduce fixed costs by $2...