Westpac, the Australian multinational banking and financial services company headquartered in Sydney, is preparing to trim its workforce. At least…
Browsing: cost cuts
As part of the efforts to increase profitability and become more agile, Verse Innovation is all set to embrace artificial…
With the US pulling back funding, the World Health Organisation has found itself facing a budget gap and income reduction.…
Intel is looking to reduce headcount by 20 per cent, as per a Bloomberg report. This trimming does not really…
Volvo Group North America has informed employees of its intention to let go at least 550 people. The job cuts…
During the period 9 May to 30 May, more than 200 employees will lose their jobs at FedEx, in Lebanon,…
While Morgan Stanley had a headcount of at least 80,000 employees, globally, at the end of last year, this number…
By 2029, that is, over the next four years, Audi, the German luxury carmaker will let go 7,500 people from…
It hasn’t been long since Ola Electric let go about 500 people in November of 2024. Now, the electric vehicle…
Hewlett-Packard (HP), the American multinational that manufactures computers and printers is trimming its global workforce by about 2,000 people. By…
Adidas is reportedly preparing to trim its workforce in Germany by up to 500 employees. Competitor Puma, meanwhile, is considering…
With an aim to ensure smooth and efficient operations, Tata Trusts is restructuring internally. It is trying to embrace a…
With about 1.2 lakh of Volkswagen’s 2 lakh strong global workforce based in Germany, the shutting down of a couple…
Northvolt, the Swedish battery manufacturer is contemplating trimming the workforce as part of cost-cutting measures. The company has already put…
As part of what it calls a reorganisation exercise, TikTok, the Chinese short-video making app has decided to cut the…
Amidst the drop in demand and pandemic-induced crisis, Exxon Mobil is planning to let go one fourth of its workforce…