In a virtual meeting, Boeing has conveyed to its non-unionised corporate employees that it is all set to outsource its…
Browsing: downsizing
Ola appears to be focussing more on non-software engineering domains, with emphasis on enhancing its capabilities in the areas of…
In a bid to make Google 20 per cent more efficient, the tech major may have to resort to job…
Rising costs, economic slowdown and underperformance seem to be the main reasons for 3M’s decision to cut jobs. As part…
With Meta, earlier Facebook, considering downsizing, many contract workers marched in protest at the Company’s headquarters. These unionised workers are…
As part of the Company’s efforts to address costs and redeploy resources, Ford is set to reduce its team size…
Xiaomi, the Chinese smartphone manufacturer, has laid off about 900 people, affecting about three per cent of its over-32,000-strong workforce.…
Snapchat, the multimedia instant messaging app and service, is reportedly gearing up to reduce headcount. Its parent company, Snap reported…
Ola, the ride-hailing platform has shifted focus to its electric vehicles (EV) business and to the manufacture of lithium-ion (Li-ion)…
With the focus shifting to electric vehicles (EV), Ford plans to reduce headcount in the engine business. The US car…
That the economic environment is unfavourable is clear now, with even Microsoft downsizing. The tech major has cut 1,800 jobs…
In a bid to control costs and increase efficiency, Ola, the ride-hailing company may sack at least 400 people. This…
It hasn’t been long since Elon Musk, CEO, Tesla had expressed concern over the state of the economy and that…
Coinbase, the global trading platform for crypto currency, has announced that it will lay off 18 per cent of its…
FarEye, the SaaS-based logistics startup, which had a 750-strong workforce, has let go 250 employees across its offices in India,…
FrontRow, the edtech startup, has laid off about 145 members of its team, that is, 30 per cent of its…
Nokia, the Finnish telecom equipment manufacturer, is all set to get rid of per cent of its workforce. That means,…
Many banks across the world have resorted to layoffs following the pandemic-induced slump last year. Robobank is also planning to…
As part of Boeing’s efforts to ensure efficiency by operating as a leaner and more streamlined organisation, The Company will…
In Melville, US, the Newsday Media Group is all set to layoff a significant number of employees in the IT,…
Danone SA, has decided to slash 2000 jobs, as a part of its structural reorganisation plans and cost-cutting measures. The…
Following huge losses, of up to €1.6 billion ($ 1.9 billion), the German multinational, Thyssenkrupp, is considering laying off 5,000…
Dutch bank, ING, will lay off 1000 employees by 2021 and shut its offices in South America and Asia. Nike…
Amidst the drop in demand and pandemic-induced crisis, Exxon Mobil is planning to let go one fourth of its workforce…
Social media posts indicate that the dreaded layoffs have begun at Wells Fargo. The impact will be felt across all…
Cathay Pacific Airways announced the slashing of 5,900 jobs in Hong Kong and the ending of Cathay Dragon, its regional…