job losses

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…

11 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”

11 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…

11 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…

11 months ago

Google Axes Hundreds Of Staff In Ad Sales Team

More job loss misery at Google, after it confirmed hundreds of job losses in ad sales team, after 1,000 layoffs…

11 months ago

Amazon Cuts Staff In Audible, Prime Video and MGM Studio Divisions

Bad week this week for staff at Amazon divisions, with job losses at Twitch, Prime Video, MGM Studies, and Audible…

11 months ago

Google Axes Staff In Assistant, Hardware, Engineering Teams

Hundreds of job losses at Google, as staff are handed marching orders across multiple teams, amid exit of FitBit co-founders

12 months ago

Twitch To Lay Off 35 Percent Of Staff – Report

Amazon-owned Twitch is handing a sizeable portion of its workforce the worst news in early 2024 by axing their jobs

12 months ago

Xerox Axes 15 Percent Of Workforce, Admits ‘Cyber Incident’

Happy new year. Tech veteran Xerox is to hand out P45s to approximately 3,000 employees in the first quarter of…

12 months ago

ARM Lays Off Workers In China – Report

ARM Holdings has laid off over 70 software engineers in China, but will relocate some of the roles outside of…

1 year ago

Broadcom To Axe 1,200 Staff After $69 Billion VMware Acquisition

Staff paying the price. A week after closing $61bn purchase of VMware, Broadcom begins laying off VMware employees

1 year ago

GM Cruise To Re-Launch Operation In One City – Report

A week after withdrawing all its autonomous cars, replacing its CEO, Cruise warns staff of layoffs and said it will…

1 year ago

Amazon Cuts Hundreds Of Jobs In Alexa Division

More job layoffs again at Amazon's Alexa division, on top of the 27,000 jobs already let go in the past…

1 year ago

Meta Profit Soars From Ongoing Strong Ad Spending

Meta Platforms beats expectations in its Q3 financials, helped by an ongoing uptick in digital ad spend and cost cutting…

1 year ago

Amazon Trials Humanoid Robot, Prompting Job Fears

Experiment to automate a couple of Amazon warehouse in the US via the use of robots, has prompted job loss…

1 year ago

Nokia To Axe 14,000 Jobs As US Demand Declines

Heavy job losses at Finnish telecoms supplier Nokia, amid weak demand for 5G equipment in US and elsewhere

1 year ago

LinkedIn To Cut More Jobs, In Second Round Of Layoffs

Another 668 people across LinkedIn's engineering, product, talent and finance teams are to be made redundant, in second tranche of…

1 year ago

Qualcomm To Axe Jobs Amid Shrinking Revenue

Filing in California reveals Qualcomm is to axe 1,258 jobs in the US state, after previous warning of shrinking revenues

1 year ago

TalkTalk To Split Into Three Companies, With CEO To Step Down

Job losses expected, as TalkTalk confirm plan to “demerge its main operating businesses” into three standalone entities

1 year ago

Newport Wafer Fab To Cut Jobs, Blames Government Restrictions

National security restrictions blamed as Welsh chip factory proposes to axe 100 jobs, as search for new owner continues

1 year ago

Binance Product Head Resigns Amid US Investigation

Binance's global head of product resigns, amid a number of executive departures, job losses, and US regulatory lawsuit

1 year ago

AI Growth Prompts Job Takeover Fears, Corndel Finds

Younger employees in particular fear their jobs are at risk due to the rise of artificial intelligence (AI), Corndel finds

1 year ago

Virgin Media O2 To Axe 2,000 UK Jobs

Price of 2001 merger? Virgin Media O2 is to axe 12 percent of its workforce, as it seeks to “simplify”…

1 year ago

Microsoft Confirms More Job Losses

Software giant Microsoft confirms it is axing more staff, in addition to the 10,000 job losses announced in January

1 year ago

Google Axes Waze Staff Amid Consolidation

Worrying sign for Waze? Six months after Alphabet merged its Waze and Google Maps teams, comes news of Waze layoffs

1 year ago

Reddit To Axe 5 Percent Of Workforce

More layoffs in tech sector, as Reddit confirms it will dismiss approximately 5 percent of its workforce and reduce hiring

2 years ago

Meta Starts Axing Nearly 20 Percent Of Irish Workforce

Nearly 500 jobs are being axed at Meta's international headquarters in Ireland, in its third and final round of layoffs

2 years ago

BT To Cut 55,000 Jobs By 2030

Sign of things to come? BT is cull 55,000 jobs by 2030, and says that a fifth of the roles…

2 years ago

Vodafone To Cut 11,000 Jobs, After Strategic Review

New boss of Vodafone loses little time and confirms 11,000 jobs are to go, as the operator seeks to turn…

2 years ago

Microsoft Freezes Salaries, Amid Economic Uncertainty

CEO Satya Nadella informs Microsoft workforce there will be no salary increases in 2023, and executive bonuses will be 'down…

2 years ago