In order to simplify its structure and improve agility for long-term growth, Chevron has announced significant job cuts. The company…
Browsing: Restructuring
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…
PayPal has initiated widespread layoffs on Tuesday, 14 May. The restructuring is said to be part of a strategy to…
Sundar Pichai, CEO, Google, shed light on the company’s ongoing workforce adjustments and their rationale. During an all-hands meeting, he…
In the process of doing away with five layers of management, Citi’s management layers have been reduced to eight, from…
BHP Group, a mining company has announced it would dissolve certain global teams and shift their responsibilities, such as planning,…
With an aim to refocus on its iconic brands, BuzzFeed, a digital-media company, has decided to slash 16 per cent…
Sterlite Technologies (STL) has reduced the salaries of nearly half of its 3,500 employees by 15 to 25 per cent.…
As per media reports, Flipkart, owned by Walmart, is undergoing a workforce reduction that could lead to a five to…
Cruise, the self-driving car subsidiary of GM, has reduced its workforce by 24 per cent, laying off 900 employees. This…
Citigroup is set to provide laid-off employees with partial bonuses determined by their tenure this year as part of the…
After Broadcom acquired VMware, a leading cloud-computing company, there were notable organisational changes. Bloomberg News reports that around 1,300 California-based…