Fidelity International, the asset-management firm, is gearing to reduce its global workforce by nine per cent, as was first reported…
Browsing: Layoff
Layoff News from across the world
The AlShaya Group, the Starbucks franchise in the Middle East is preparing to axe 2,000 jobs. That means, about four…
Forty-three contract works who were part of the YouTube Music team have been rendered jobless. For the last one year,…
Citigroup will let go 286 of its employees in New York as part of its attempt to cut its workforce…
The renowned video game company, Electronic Arts (EA) is reducing its workforce by five per cent, equating to approximately 670…
Apple has shelved its autonomous electric car project. That means, hundred of employees working on the project will lose their…
Sony Interactive Entertainment is all set to let go 900 members from its gaming division. The US-based PlayStation Studios’ employees…
Seattle-based online travel giant, Expedia Group, is streamlining its operations by reducing its workforce by approximately 9 per cent, impacting…
Nokia, a well-known player in the feature phone and smartphone industry, is undergoing significant transformations in its operations within India.…
As part of cost-cutting measures, Nike, the global sportswear brand, is gearing to do away with two per cent of…
The Body Shop appears to be headed for layoffs, as its stores are expected to close soon in the UK,…
BlackBerry is determined to cut costs and focus on profits. This will require some restructuring, which will lead to headcount…
Indian budget carrier SpiceJet is facing turbulence, announcing plans to lay off 1,400 employees – 15 per cent of its…
Cisco’s present global workforce of over 84,000 employees, will soon shrink. As part of a restructuring exercise, the company is…
Grammarly, the AI-driven writing assistant, is reportedly undergoing a workforce reduction, affecting approximately 230 employees as part of a restructuring…
In a bid to bolster its core music units, Warner Music is set to reduce its workforce by 10 per…
Having already laid off about 27,000 employees since the beginning of 2023, Amazon and its subsidiaries are continuing their layoffs…
Estée Lauder, the New-York headquartered cosmetics company, has announced workforce reduction. As part of this restructuring, the company anticipates a…
Social-media firm, Snap, which is the parent company of Snapchat, is reducing its global workforce by 10 per cent. That…
In a strategic move to enhance profitability, Deutsche Bank, on 1 February declared its intention to reduce its workforce by…
In an endeavour to ‘right-size its business’, PayPal has announced its intent to reduce its workforce by nine per cent.…
In response to global economic challenges post-Covid, Wipro, the Indian IT services giant, is undergoing a substantial restructuring, targeting the…
Google’s layoffs continue, with the tech giant already spending $700 million in severance charges this year after axing over 1,000…
With 2023 being a particularly tough year for United Parcel Service (UPS), the multinational shipping company has decided to cut…
Salesforce, the tech company, will axe about 700 positions company-wide in the latest wave of layoffs affecting the technology industry,…
E-commerce giant, Flipkart, and food-delivery firm, Swiggy have announced major workforce reductions. Amidst the ongoing “funding winter” in the startup…