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Intel To Cut 20% Workforce Amid Major Restructuring Efforts: Report
Intel has seen its sales drop three years in a row and has trailed Nvidia when it comes to advancements in technology.
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Intel to Announce Plans This Week to Cut Over 20 Percent of Staff
Intel is poised to announce plans this week to cut more than 20 percent of its staff. The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August.
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Elon Musk-Led DOGE Pushes Deloitte To Cut Consulting Jobs In US: Report
Deloitte, one of the Big Four accounting giants, is trimming staff in its US consulting division after Elon Musk-controlled Department of Government Efficiency (DOGE)'s push for cutting federal spending.
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US Health Department To Cut 10,000 Jobs As Part Of Overhaul
The US health department will reduce its workforce by around 10,000 full-time employees as part of a broader cost-cutting overhaul of the federal government, according to an official statement released Thursday.
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Tomb Raider Developer Crystal Dynamics Announces Layoffs
Tomb Raider developer Crystal Dynamics has announced layoffs, calling the move “necessary” for its future success. As many as 17 staff members will be let go as part of the layoffs. The studio, currently working on the next Tomb Raider title, said the job cuts would not affect its plans for its current projects.
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Ola Electric Says Government Sought Information on Sales-Registration Data Mismatch
Indian authorities have asked Ola to explain the mismatch between its vehicle sale and registration numbers for February, which were caused by a "temporary" backlog in registrations. Ola has been facing mounting challenges, from declining sales to increased regulatory scrutiny since last year.
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Audi To Layoff 7,500 Employees In Germany By 2029
The job cut from Audi will affect around 14 per cent of its workforce in Germany.
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Amazon To Cut 14,000 Jobs In Mega Cost-Saving Drive: Report
Amazon is planning to cut 14,000 managerial positions by early 2025 as part of its efforts to cut costs and improve efficiency, according to a report.
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NASA Fires Chief Scientist On Trump's Order, More Job Cuts To Come
NASA announced Tuesday the dismissal of its chief scientist and others to comply with orders from President Donald Trump, marking the latest in a series of administration actions undermining climate change research.
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Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility is laying off over a thousand employees and contract workers,, people with knowledge in the matter have told the media. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the i...
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"What Did You Do Last Week": US Federal Workers Get 2nd Mail On Justifying Jobs
It came a week after Elon Musk engineered the first mass emailing to the federal government's two million employees, ordering them to justify their work or risk being fired.
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"It's Very Powerful, Different": DBS To Cut 4,000 Jobs In 3 Years Due To AI
DBS Bank said that the reduction of 4,000 employees over the next three years will primarily involve contract and temporary staff.
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Starbucks To Lay Off 1,100 Jobs Amid Sluggish Sales
Starbucks will cut 1,100 corporate and administrative jobs as part of a reorganization as it aims to reignite sales growth, the company's new CEO said Monday.
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Meta Prepares for Layoffs on Monday, Circulates Internal Memo
Meta Platforms plans to carry out its expected company-wide layoffs next week. Employees in Germany, France, Italy and the Netherlands will be exempt from the cuts "due to local regulations," while those in more than a dozen other countries across Europe, Asia and Africa will receive their notifications between February 11 and February 18.
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Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
-
Intel To Cut 20% Workforce Amid Major Restructuring Efforts: Report
Intel has seen its sales drop three years in a row and has trailed Nvidia when it comes to advancements in technology.
-
Intel to Announce Plans This Week to Cut Over 20 Percent of Staff
Intel is poised to announce plans this week to cut more than 20 percent of its staff. The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August.
-
Elon Musk-Led DOGE Pushes Deloitte To Cut Consulting Jobs In US: Report
Deloitte, one of the Big Four accounting giants, is trimming staff in its US consulting division after Elon Musk-controlled Department of Government Efficiency (DOGE)'s push for cutting federal spending.
-
US Health Department To Cut 10,000 Jobs As Part Of Overhaul
The US health department will reduce its workforce by around 10,000 full-time employees as part of a broader cost-cutting overhaul of the federal government, according to an official statement released Thursday.
-
Tomb Raider Developer Crystal Dynamics Announces Layoffs
Tomb Raider developer Crystal Dynamics has announced layoffs, calling the move “necessary” for its future success. As many as 17 staff members will be let go as part of the layoffs. The studio, currently working on the next Tomb Raider title, said the job cuts would not affect its plans for its current projects.
-
Ola Electric Says Government Sought Information on Sales-Registration Data Mismatch
Indian authorities have asked Ola to explain the mismatch between its vehicle sale and registration numbers for February, which were caused by a "temporary" backlog in registrations. Ola has been facing mounting challenges, from declining sales to increased regulatory scrutiny since last year.
-
Audi To Layoff 7,500 Employees In Germany By 2029
The job cut from Audi will affect around 14 per cent of its workforce in Germany.
-
Amazon To Cut 14,000 Jobs In Mega Cost-Saving Drive: Report
Amazon is planning to cut 14,000 managerial positions by early 2025 as part of its efforts to cut costs and improve efficiency, according to a report.
-
NASA Fires Chief Scientist On Trump's Order, More Job Cuts To Come
NASA announced Tuesday the dismissal of its chief scientist and others to comply with orders from President Donald Trump, marking the latest in a series of administration actions undermining climate change research.
-
Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility is laying off over a thousand employees and contract workers,, people with knowledge in the matter have told the media. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the i...
-
"What Did You Do Last Week": US Federal Workers Get 2nd Mail On Justifying Jobs
It came a week after Elon Musk engineered the first mass emailing to the federal government's two million employees, ordering them to justify their work or risk being fired.
-
"It's Very Powerful, Different": DBS To Cut 4,000 Jobs In 3 Years Due To AI
DBS Bank said that the reduction of 4,000 employees over the next three years will primarily involve contract and temporary staff.
-
Starbucks To Lay Off 1,100 Jobs Amid Sluggish Sales
Starbucks will cut 1,100 corporate and administrative jobs as part of a reorganization as it aims to reignite sales growth, the company's new CEO said Monday.
-
Meta Prepares for Layoffs on Monday, Circulates Internal Memo
Meta Platforms plans to carry out its expected company-wide layoffs next week. Employees in Germany, France, Italy and the Netherlands will be exempt from the cuts "due to local regulations," while those in more than a dozen other countries across Europe, Asia and Africa will receive their notifications between February 11 and February 18.
-
Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
