British Petroleum (BP), a multinational oil and gas company headquartered in London is planning to cut about 700 positions that…
Browsing: Restructuring
Visa has announced plans to cut about seven per cent of its global workforce, which equals roughly 2,600 jobs. The…
Microsoft is shutting down or selling at least three Xbox studios—Ninja Theory, Double Fine, and Compulsion Games—as part of a…
Factory workers worldwide are facing mounting job losses as companies restructure, shut plants, or collapse under competitive and financial pressures.…
Crypto.com has announced that it is cutting 12 per cent of its workforce as part of a company-wide shift to…
Meta is reportedly preparing for major layoffs that could affect around one-fifth of its workforce, according to sources cited by…
Atlassian has announced it will reduce its global workforce by about 10 per cent, cutting around 1,600 jobs. The layoffs…
Amazon has announced another round of job cuts, this time hitting its robotics division. At least 100 white-collar employees are…
Volkswagen is preparing a sweeping restructuring plan that could see 35,000 jobs cut in Germany by 2030, according to reports.…
Myntra has carried out an internal restructuring that directly affects employees in its Gurgaon satellite office. About 50 people from…
Following the Omnicom–IPG merger which has created waves in the global advertising space, India’s agencies are having to deal with…
LG Electronics India (LGEIL), has elevated Sanjay Chitkara from chief sales officer to co-chief sales and marketing officer, while Hong…
Accenture is restructuring and how! Its focus has shifted majorly to artificial intelligence (AI) and automation. Reports suggest that the…
Kroger, the American retail company that operates supermarkes and multi-department stores throughout the US, is all set to trim its…
While Intel had announced about 4,000 layoffs across the US, the figure has now been revised to 5,000. The company…
In a fresh layoff round, Microsoft is letting go four per cent of its 2.28 lakh- strong global team. That…
Come July and Intel will begin cutting jobs with an aim to restructure and ensure streamlined operations at its factories.…
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…