Come July and Intel will begin cutting jobs with an aim to restructure and ensure streamlined operations at its factories.…
Browsing: Restructuring
Intel is looking to reduce headcount by 20 per cent, as per a Bloomberg report. This trimming does not really…
Dr. Reddy’s Laboratories has reportedly launched a significant cost-cutting initiative aimed at reducing workforce-related expenses by 25 per cent. The…
Boeing has laid off approximately 180 employees at its Engineering and Technology Centre in Bengaluru, Karnataka. This move is part…
The arithmetic seemed compelling. At a mid-sized manufacturing company in Bengaluru, a team of ten engineers once managed production lines…
JioStar, the newly formed media giant from the Reliance-Disney merger, is set to lay off around 600 employees across India.…
Microchip Technology is set to reduce its workforce by approximately 2,000 employees. These job cuts will render about nine per…
Flipkart has shut down ANS Commerce, the full-stack e-commerce enabler it acquired in 2022. The decision has resulted in the…
A US-based company, onsemi that creates intelligent power and sensing technologies has decided to trim its global workforce by 2,400…
BuzzFeed, the digital-media company that owns the Huffington Post and Complex Networks, has laid off 180 employees, representing 12 per…
In order to simplify its structure and improve agility for long-term growth, Chevron has announced significant job cuts. The company…
As part of the restructuring efforts at Estee Lauder, under its Beauty Reimagined turnaround strategy, 11 per cent of the…
IMI Group, a major media house based in Abu Dhabi, has cut jobs across multiple divisions as part of an…
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…
Meta is determined to have only high performers in its workforce. The company is all set to let go 3,600…
Nissan Motor has significantly increased its workforce in India, even as it undergoes global restructuring to reduce costs. The Japanese…
Deloitte is closely examining its ‘cost base’ and undergoing a restructuring exercise. This will reportedly take away 180 jobs in…
Is Booking.com, the online travel site, looking to trim its workforce? Well, parent company, Booking Holdings has been assessing the…
Visa Inc. is reportedly set to reduce its workforce by around 1,400 employees and contractors by the end of 2024.…
With an aim to ensure smooth and efficient operations, Tata Trusts is restructuring internally. It is trying to embrace a…
AkzoNobel, a global manufacturer of paints and chemicals, has announced plans to reduce its workforce by about 2,000 employees. The…
Unacademy is reducing team size by about 250. The edtech firm has let go these employees as part of an…
Chegg, the American education-technology company, laid off approximately 441 employees in its recent round of job cuts. These job cuts…
Kissflow, a Software-as-a-Service (SaaS) firm headquartered in Chennai, has laid off 15 per cent of its staff. This move follows…
Paytm, the digital payments giant of India, is at a crossroads. The company, known for its ubiquitous mobile wallet, is…