Tools for Humanity, a startup cofounded by Sam Altman is laying off staff after struggling to generate steady revenue from…
Browsing: headcount reduction
Software giant Amdocs is preparing for a major round of layoffs as part of a reorganisation and restructuring under its…
Cybersecurity company SentinelOne is preparing to lay off about 10 per cent of its global workforce, equal to nearly 300…
Cloudflare has announced that more than 1,100 employees will be leaving the company as part of a global restructuring plan.…
PayPal is preparing for a major restructuring under Enrique Lores, CEO, who took charge in March. The company plans to…
Axis Bank is preparing to reduced its workforce by more than 3,100 employees in FY26 as technology-driven productivity gains begin…
CBS News has announced a major round of layoffs, cutting about six per cent of its workforce — roughly 60…
Atlassian has announced it will reduce its global workforce by about 10 per cent, cutting around 1,600 jobs. The layoffs…
Amazon is gearing to reduce its workforce by 16,000 in a week’s time and it is likely that members of…
FedEx is letting go about 856 members of its workforce in Coppell, Texas. The global logistics firm is closing down…
SAS Institute, the American software firm is ceasing operations in China. It has laid off about 400 employees with a…
Amazon will reportedly be witness to the largest job cuts since 2022 in an effort to cut costs and make…
Target, the American retail chain, is keen to start experiencing growth again after a four-year spell of poor sales. The…
Nestle is reportedly undergoing a transformation in terms of how it works. But this is coming at the cost of…
Tata Consultancy Services (TCS), the Indian multinational software exporter, is gearing to let go two per cent of its global…
To decrease what is being called unnecessary expenditure, the US administration is cutting jobs at Voice of America (VOA), the…
Collins Aerospace—which is part of RTX, the global aerospace and defense company that also includes Pratt & Whitney and Raytheon—is…
Over the past almost three years, Wells Fargo has been announcing a headcount reduction in the Des Moines area, Iowa.…
After letting go 15 per cent of its workforce last year, Paramount, the American multinational mass media and entertainment conglomerate…
BlackRock is slashing 300 jobs, that is, at least one per cent of its workforce in the second round of…
After letting go 3,500 support staff in 2024 in a bid to save cots, Deutsche Bank is readying to axe…
Is Big Blue trimming its workforce again? If media reports are to be believed, IBM is letting go thousands of…
While Morgan Stanley had a headcount of at least 80,000 employees, globally, at the end of last year, this number…
Global hiring at IT giants Cognizant and Capgemini took a sharp downturn in 2023, shedding a combined total of 1,51,607…
BlackBerry is determined to cut costs and focus on profits. This will require some restructuring, which will lead to headcount…