PVH Corp, the parent company of Calvin Klein and Tommy Hilfiger, plans to eliminate approximately 1,040 jobs, or 4 per…
Browsing: downsizing
Israeli automotive sensor maker Innoviz Technologies plans to lay off 80 employees, representing around 20 per cent of its workforce,…
Australian airline Qantas plans to eliminate around 850 jobs and outsource several corporate functions to consulting firm Accenture, with most…
Fintech company Block is offering laid-off employees in the US at least 60 days of pay, additional severance based on…
Meta is reportedly planning a major voluntary buyout programme in France, offering attractive exit packages to employees as it reshapes…
Australian energy major Woodside Energy plans to eliminate at least 500 jobs globally, equivalent to around 10 per cent of…
Payments technology company Fiserv has reduced its employee and contractor workforce by 3,000 since June, as part of a broader…
Website-building platform Squarespace is reducing its global workforce by approximately 19 per cent, eliminating around 300 positions as it restructures…
Open-source software company, SUSE is reducing its global workforce by approximately 10 per cent, with artificial intelligence (AI) and automation…
Dropbox plans to reduce its global workforce by around 9 per cent as the cloud storage company realigns spending with…
Apple has reportedly laid off some hardware programme managers as it moves to reduce management layers and reorganise parts of…
Italian insurer, Generali, plans to reduce its workforce in Germany by around 9 per cent and consolidate its office network…
American Express is planning to reduce its global workforce by 5 per cent as it reorganises operations to improve efficiency…
The BBC is planning to cut another 100 jobs in its news division as part of a wider cost-reduction programme…
Electronic Arts (EA) is set to shut down gaming studio BioWare and eliminate around 400 jobs globally as part of…
Wipro’s employee headcount declined by 6,716 in the September quarter of FY27, even as voluntary attrition in its IT services…
Netflix is reportedly planning to cut around 5 per cent of its workforce in a restructuring that could be announced…
Porsche plans to eliminate around 9,000 jobs by 2030 as the German luxury carmaker restructures its operations in response to…
HubSpot plans to reduce its workforce by about 7 per cent, affecting nearly 660 employees, as the company restructures its…
A restaurant owner in China has rewarded some of her top-performing employees with brand-new BMW cars, saying the gesture was…
Credit-scoring company FICO plans to reduce its workforce by about 15 per cent as part of a restructuring aimed at…
One of Norway’s lenders, DNB, will lay off around 400 employees from its Technology & Services division as part of…
The University of Utah plans to eliminate or reduce between 5 and 15 per cent of its non-faculty and non-clinical…
German luxury carmaker BMW AG plans to eliminate around 20 per cent of its senior management positions by mid-2027 as…
Uncertainty over Flipkart’s potential public listing is increasingly becoming an employee concern, with some current and former employees seeking greater…
Disney is laying off around 300 employees in its latest round of job cuts, the second since Josh D’Amaro became…