Siemens is preparing to trim its global workforce by about 6,000 employees. About 50 per cent of the cuts will…
Browsing: downsizing
While Morgan Stanley had a headcount of at least 80,000 employees, globally, at the end of last year, this number…
Amazon’s endeavour to cut costs is now set to impact the managers in its global workforce. If news reports are…
Redundancy programmes at Volkswagen’s Cariad software unit will lead to 1,600 job cuts by the end of this year. Cariad…
Britain’s Lloyds Banking Group will have a 4,000-strong team of information technology engineers in India working out of Hyderabad by…
The US administration under President Donald Trump is set to reduce the workforce strength of the Veterans Affairs (VA) department…
It hasn’t been long since Ola Electric let go about 500 people in November of 2024. Now, the electric vehicle…
A US-based company, onsemi that creates intelligent power and sensing technologies has decided to trim its global workforce by 2,400…
Workday, the finance and human resources software company, has decided to trim its workforce by 8.5 per cent. That means…
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…