Many courses in Cardiff University have been shortlisted for closure. About 400 full-time jobs are being eliminated too. Why? Due…
Browsing: Cost Cutting
Pocket FM, an audio-series platform, is trimming its workforce as part of its restructuring measures. It is letting go 75…
While most bankers are already enjoying or expecting higher bonuses in the European banking industry, HSBC has told its employees…
Thyssenkrupp, the German industrial engineering and steel production multinational conglomerate is gearing to do away with 5,000 roles at its…
Is Booking.com, the online travel site, looking to trim its workforce? Well, parent company, Booking Holdings has been assessing the…
It hasn’t been long since Volkswagen announced plans to close three plants in Germany. Now, its subsidiary, Audi is gearing…
It hasn’t even been a year since Nokia announced the restructuring of its India operations and now Nokia is again…
The BBC is embracing cost-cutting measures and since 75 per cent of the broadcaster’s overall budget comprises employee costs, it…
While 33,000 Boeing workers are still on strike demanding a 40 per cent wage hike among other things, the aviation…
In August 2024, it was reported that Intel was trying hard to save costs even if it meant reducing its…
The 7.5 lakh employees of Accenture worldwide can now expect promotions in the month of June instead of December. The…
Just when employees were frustrated over the uncertainty and the impact of two significant layoffs within the same calendar year,…
A former Intel employee has filed a lawsuit against the technology giant Intel. Using the pseudonym John Doe, the employee…
Looks like the layoffs at Tesla are to continue. Elon Musk, CEO, Tesla has reportedly let go a senior director…
Take-Two Interactive Software, the video-gaming company that publishes the ‘Grand Theft Auto’ franchise, has trimmed its workforce by five per…
Ericsson AB, the manufacturer of 5G networking equipment, is all set to axe about 1,200 jobs in Sweden. Why? Because…
When employees at Stellantis were told to work from home/remotely on 22 March so that maximum participation could be ensured…
Fidelity International, the asset-management firm, is gearing to reduce its global workforce by nine per cent, as was first reported…
Indian budget carrier SpiceJet is facing turbulence, announcing plans to lay off 1,400 employees – 15 per cent of its…
Google is endeavouring to cut costs and focus on using artificial intelligence (AI). As part of this exercise, YouTube, its…
As a part of broader cost-cutting strategy, Humane has laid off four per cent of its employees, according to sources…
Edtech firm, Byju’s is set to cut down its existing 35,000-strong workforce by 11 per cent. That means, about 4,000…
As part of a restructuring exercise of its 700-strong workforce, fintech startup, Khatabook has cut about 42 jobs. These cuts…
Accenture, the Irish-American professional services firm, is preparing to axe about 890 jobs in its Irish operations. That means, about…
Headcount is being reduced at Amazon’s 40+ Fresh grocery stores across the US. The retailer is doing away with the…
Due to decline in profits, cryptocurrency giant Binance made cost-cutting moves by reducing employee benefits last month. The changes, effective…