Layoffs
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Boeing Lays Off Over 400 Members Of Professional Aerospace Union
Boeing has laid off more than 400 members of its professional aerospace labour union, the union has revealed.
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Boeing To Fire 10% Workforce, 17,000 Employees Set To Be Sacked
Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.
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AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
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After Laying Off 15,000 Employees, Intel Revives Free Coffee And Tea Perks To Lift Employee Morale
The action is viewed as a modest but significant attempt to raise staff morale in the wake of recent budget cuts.
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Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees
In August, it announced plans to reduce its workforce by 15,000 through voluntary separations and layoffs.
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Finfluencer Sharan Hegde Lays Off 15% Staff, Explains Reasons: "Irony Isn't..."
Mr Hegde, the company's CEO, attributed the layoffs to "redundant expenses" and "mistakes in hiring."
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Meta Lays Off Employees Across Units, At WhatsApp And Instagram: Report
Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.
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Riot Games Lays Off League of Legends Developers in Second Round of Job Cuts
Riot Games is laying off staff for the second time this year, the studio confirmed Tuesday. The latest round of cuts will affect the PC development team behind Riot’s massively popular MOBA title League of Legends.
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Boeing To Cut 17,000 Jobs Worldwide Amid Factory Strikes
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region.
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TikTok Cuts Hundreds Of Jobs In Shift Towards AI Content Moderation
TikTok confirmed the layoffs and said that several hundred employees were expected to be impacted globally as part of a wider plan to improve its moderation operations.
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Samsung Said to Cut Thousands of Jobs Amid Struggles in AI Market
Samsung Electronics Co. is initiating layoffs across Southeast Asia, Australia, and New Zealand. These layoffs are expected to impact roughly 10 percent of the workforce in these regions, though the figures may differ for each subsidiary, sources told Bloomberg.
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Tech CEO Claims He Trains His Managers To Fire Employees: ''Firing As Important As Hiring"
He asserted that firing employees is vital for maintaining a "happy and strong" team and that companies should formally train managers to develop this skill.
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Ex-Amazon Employee Slams Company's "Return-To-Office Policy", Post Viral
Mr McBride, who worked at Amazon for a year until June 2023, shared his thoughts on CEO Andy Jassy's announcement.
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Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
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''Drive An Uber": Ex-Sony Boss Chris Deering's Advice For Laid-Off Workers
The gaming industry has experienced a wave of layoffs and downsizing across various companies, with several major players announcing significant job cuts this year.
-
Boeing Lays Off Over 400 Members Of Professional Aerospace Union
Boeing has laid off more than 400 members of its professional aerospace labour union, the union has revealed.
-
Boeing To Fire 10% Workforce, 17,000 Employees Set To Be Sacked
Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.
-
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
-
After Laying Off 15,000 Employees, Intel Revives Free Coffee And Tea Perks To Lift Employee Morale
The action is viewed as a modest but significant attempt to raise staff morale in the wake of recent budget cuts.
-
Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees
In August, it announced plans to reduce its workforce by 15,000 through voluntary separations and layoffs.
-
Finfluencer Sharan Hegde Lays Off 15% Staff, Explains Reasons: "Irony Isn't..."
Mr Hegde, the company's CEO, attributed the layoffs to "redundant expenses" and "mistakes in hiring."
-
Meta Lays Off Employees Across Units, At WhatsApp And Instagram: Report
Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.
-
Riot Games Lays Off League of Legends Developers in Second Round of Job Cuts
Riot Games is laying off staff for the second time this year, the studio confirmed Tuesday. The latest round of cuts will affect the PC development team behind Riot’s massively popular MOBA title League of Legends.
-
Boeing To Cut 17,000 Jobs Worldwide Amid Factory Strikes
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region.
-
TikTok Cuts Hundreds Of Jobs In Shift Towards AI Content Moderation
TikTok confirmed the layoffs and said that several hundred employees were expected to be impacted globally as part of a wider plan to improve its moderation operations.
-
Samsung Said to Cut Thousands of Jobs Amid Struggles in AI Market
Samsung Electronics Co. is initiating layoffs across Southeast Asia, Australia, and New Zealand. These layoffs are expected to impact roughly 10 percent of the workforce in these regions, though the figures may differ for each subsidiary, sources told Bloomberg.
-
Tech CEO Claims He Trains His Managers To Fire Employees: ''Firing As Important As Hiring"
He asserted that firing employees is vital for maintaining a "happy and strong" team and that companies should formally train managers to develop this skill.
-
Ex-Amazon Employee Slams Company's "Return-To-Office Policy", Post Viral
Mr McBride, who worked at Amazon for a year until June 2023, shared his thoughts on CEO Andy Jassy's announcement.
-
Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
-
''Drive An Uber": Ex-Sony Boss Chris Deering's Advice For Laid-Off Workers
The gaming industry has experienced a wave of layoffs and downsizing across various companies, with several major players announcing significant job cuts this year.
