Barclays is reducing its global workforce by about 5,000 employees, equal to nearly 5 per cent of its staff, as…
Browsing: Cost Cutting
Air India is tightening its spending as mounting losses, high jet fuel costs and airspace closures weigh heavily on operations.…
John Ternus, Apple’s new chief executive, is reportedly preparing for layoffs as part of a broader effort to streamline the…
Tewolde Gebremariam, who is set to become Air India’s new CEO and managing director after regulatory approvals, has reportedly told…
PayPal has carried out job cuts in India as part of its global restructuring plan. The company has reportedly confirmed…
Coursera has announced job cuts following its merger with Udemy. These cuts are part of a wider restructuring plan to…
PayPal is preparing for a major restructuring under Enrique Lores, CEO, who took charge in March. The company plans to…
Atlassian has announced it will reduce its global workforce by about 10 per cent, cutting around 1,600 jobs. The layoffs…
Amazon has announced another round of job cuts, this time hitting its robotics division. At least 100 white-collar employees are…
Company: Orbit Manufacturing (fictitious), a 40-year-old industrial firm employing 3,000 people across India, facing declining revenues post pandemic. Background: Orbit…
In October, Amazon had revealed intentions to reduce its workforce by 14,000 corporate staff members. This was said to be…
Amazon will reportedly be witness to the largest job cuts since 2022 in an effort to cut costs and make…
Deloitte, the British multinational professional services network and one of the Big Four, is further trimming its advisory division in…
Last month it was reported that Oracle was planning to let go 10 per cent of its Indian team as…
Novo Nordisk, the global healthcare firm has frozen hiring for non-critical roles across its offices worldwide. This hiring freeze has…
While Intel had announced about 4,000 layoffs across the US, the figure has now been revised to 5,000. The company…
Bumble, the Texas-based online dating platform has decided to trim its workforce by 30 per cent, globally. This will impact…
Standard Chartered has been trying to cut costs and save millions of dollars. As part of this endeavour, the bank…
In pursuit of better operational efficiency Disney is trimming its workforce. This time, hundreds are reportedly going to be impacted,…
While earlier Nissan had talked of letting go only about 9,000 employees due to poor business, it has now decided…
Intel is looking to reduce headcount by 20 per cent, as per a Bloomberg report. This trimming does not really…
Cipia Vision is embracing a plan to streamline operations and reduce expenses. As part of the exercise, the Israel-based auto…
Volvo Group North America has informed employees of its intention to let go at least 550 people. The job cuts…
Whirpool, the global home-appliance company is going to render about 651 of its workers jobless at its manufacturing plant in…
While the mid-senior level employees of HSBC were eagerly looking forward to their bonuses, what they actually received was news…
After letting go 3,500 support staff in 2024 in a bid to save cots, Deutsche Bank is readying to axe…