Workday, the finance and human resources software company, has decided to trim its workforce by 8.5 per cent. That means…
Browsing: downsizing
Walmart is gearing to lay off hundreds of employees and relocate many others, as per reports by Fox Business and…
Amazon has trimmed its communications and sustainability teams. Although the exact number of employees impacted is not officially known, media…
As part of its endeavour to cut costs and streamline operations, British Petroleum (BP) is gearing to let go five…
Bharat Sanchar Nigam (BSNL) is cutting its workforce by 35 per cent by rolling out a second voluntary-retirement scheme (VRS).…
Lyca Mobile, the mobile virtual network operator (MVNO) is planning to trim its workforce in the UK by 90 per…
Two senior vice presidents, five vice presidents, 29 senior directors and 23 directors are amongst the employees laid off by…
Meta is reportedly trimming its WhatsApp, Instagram, and Reality Labs teams among others. Many of the impacted employees have posted…
IBM, the American tech multination, is trimming its workforce in China. It is doing away with its research and development…
Dell Technologies has announced a major restructuring and reorganising exercise, which will lead to its global workforce being trimmed by…
Intel is trying hard to save costs even if it means reducing its workforce by at least 15 per cent.…
In a notable shift from a five-year downsizing trend, the Centre has expanded its workforce to 3.56 million in FY24.…
In a bid to make the company more profitable, Japanese television manufacturing firm, Toshiba has decided to let go of…
As part of cost-cutting measures, Nike, the global sportswear brand, is gearing to do away with two per cent of…
BlackRock is all set to reduce its 20,000-strong workforce by 600 employees. That means, three per cent of the team…
Having witnessed many top-level exits in 2023, Twitch, the livestreaming platform that was acquired by Amazon about nine years ago,…
Memphis-based shipping company, FedEx, is reportedly gearing to axe a few jobs in the information technology (IT) and finance departments…
SenseTime, a Chinese AI firm, has reportedly implemented workforce reductions across multiple divisions. Employees impacted by this decision have been…
Credit Suisse was bought over by the UBS Group in June. Post this acquisition, UBS had revealed its intention to…
Headcount is being reduced at Amazon’s 40+ Fresh grocery stores across the US. The retailer is doing away with the…
Navi Technologies, the non-banking financial company (NBFC) — dealing in digital loans, home loans, mutual funds, health insurance and micro-loans…
It is reported that Xiaomi India may be planning a round of layoffs, with the aim of bringing down its…
Byju’s, the edtech platform, has been trying to streamline operations, cut costs and improve profitability for some time now. As…
In an attempt to cut costs and increase margins, Cognizant, the IT services company is planning to lay off 3,500…
As part of global cost-cutting measures, Ericsson, the telecom networking company is set to reduce its 14,500-strong workforce in Sweden…
Since the year 2020, employers in the US have axed the maximum jobs, reveals a report. About 1,02,943 jobs were…