job losses

AMD Axes 4 Percent Of Staff, Amid AI Chip Focus

Merry Christmas staff. AMD hands marching orders to 1,000 employees in the led up to the Christmas holiday period

1 month ago

More Layoffs For iRobot Staff After Abandoned Amazon Deal

After axing 31 percent of its workforce when it failed to be acquired by Amazon, iRobot terminates another 16 percent…

2 months ago

Meta Axes Staff At WhatsApp, Instagram, Reality Labs – Report

Meta has reportedly begun laying off staff across various departments, but as of yet there is no word on actual…

2 months ago

TikTok Cuts Hundreds Of Jobs In Favour Of AI – Report

ByteDance's TikTok is laying off up to 500 employees as it moves to greater use of AI for content moderation

2 months ago

Battery Maker Northvolt To Replace Plant Boss, Amid Difficulties

Difficulties continue for Northvolt, as head of Europe's first lithium-ion gigafactory steps down with immediate effect

3 months ago

Microsoft Cuts Hundreds Of Gaming Staff

Post Activision - Microsoft Gaming confirms it will axe 650 employees, after thousands of job losses earlier this year

3 months ago

Dell Begins Fresh Round Of Job Losses, Amid AI Move – Report

More job losses for tech sector as reports suggest Dell is cutting as much as 10 percent of global workforce,…

5 months ago

Intel Sued By Shareholders After Dividend Suspension, Stock Price Crash

Shareholders alleged being blindsided after Intel's weak Q2 results, job losses, dividend suspension, triggered share price plunge

5 months ago

Intel To Cut 15 Percent Of Workforce, Suspends Dividend

Shares in Intel plummet over 20 percent after chip giant confirms thousands of job losses and suspends dividend payments

5 months ago

Intel To Cut Thousands Of Jobs – Report

Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump

5 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

7 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

7 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

7 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

8 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

8 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

8 months ago

Google Fires 28 Staff Over Israel Protest, Undertakes More Layoffs

Protest at cloud contract with Israel results in staff firings, in addition to layoffs of unspecified number of employees

8 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

9 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

9 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

9 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

9 months ago

Vodafone Germany Confirms 2,000 Job Losses, Amid European Restructuring

More downsizing at Vodafone after German operation announces 2,000 jobs will be axed, as automation increases in the future

9 months ago

AI Poses ‘Jobs Apocalypse’, Warns Report

IPPR report warns AI could remove almost 8 million jobs in the United Kingdom, with low paid, youngsters and women…

9 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

10 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

10 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

11 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

11 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

11 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…

11 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

11 months ago