Corporate Job Cuts
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As Amazon Doubles Down On AI, 14,000 Corporate Roles Face The Axe
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while trimming spending.
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"A Hint Of The Great Depression": Amazon Layoffs Spark Fierce Online Backlash
Amazon plans to lay off 30,000 corporate employees, nearly 10 per cent of its corporate workforce, triggering strong online backlash.
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Amazon Said to Cut as Many as 30,000 Corporate Jobs Starting This Week
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
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Amazon To Lay Off 30,000 Corporate Employees In Largest Job Cut Since 2022: Report
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
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Target To Cut 1,800 Corporate Jobs To Remove "Layers, Overlapping Work"
About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs, a company spokesperson said.
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Japan's Panasonic To Cut 10,000 Jobs: Reasons For Layoffs And What's Next For The Tech Giant
Panasonic layoffs: Of the 10,000 employees slated to lose their jobs, half will be workers in Japan.
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Starbucks To Lay Off 1,100 Jobs Amid Sluggish Sales
Starbucks will cut 1,100 corporate and administrative jobs as part of a reorganization as it aims to reignite sales growth, the company's new CEO said Monday.
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Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
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German Company Is Getting Rid Of Bosses, Asks Workers To "Self-Organize". Here's Why
The CEO said that he plans to cut the literal corporate rulebook, which runs more than 1,300 pages. "That's actually longer than 'War and Peace' and a lot less exciting," he said.
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Citigroup To Cut 20,000 Jobs In Next 2 Years
Citigroup plans to cut 20,000 jobs over the next couple of years, the US bank said Friday, as part of a corporate reorganization designed to boost profits and return cash to shareholders.
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Reddit Lays Off 5 Percent of Its Workforce, Will Reduce Planned Hiring for 2023
Reddit said on Tuesday it is laying off about 5 percent of its workforce, or 90 employees, joining a list of technology companies that have been cutting jobs across corporate America.
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Apple Said to Make 'Small Number' of Job Cuts in Some Corporate Retail Teams: Details
Apple is said to be cutting a small number of jobs within the company's corporate teams, as part of the first job cuts at the Cupertino firm since it began cost cutting measures last year. The firm is cutting jobs of workers responsible for the construction and upkeep of Apple retail stores and other facilities around the world.
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Apple To Cut Small Number Of Jobs In Some Corporate Retail Teams: Report
Apple Inc is eliminating a small number of roles within its corporate retail teams, Bloomberg News reported on Monday, citing people familiar with the matter.
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Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
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IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts
Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
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As Amazon Doubles Down On AI, 14,000 Corporate Roles Face The Axe
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while trimming spending.
-
"A Hint Of The Great Depression": Amazon Layoffs Spark Fierce Online Backlash
Amazon plans to lay off 30,000 corporate employees, nearly 10 per cent of its corporate workforce, triggering strong online backlash.
-
Amazon Said to Cut as Many as 30,000 Corporate Jobs Starting This Week
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
-
Amazon To Lay Off 30,000 Corporate Employees In Largest Job Cut Since 2022: Report
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
-
Target To Cut 1,800 Corporate Jobs To Remove "Layers, Overlapping Work"
About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs, a company spokesperson said.
-
Japan's Panasonic To Cut 10,000 Jobs: Reasons For Layoffs And What's Next For The Tech Giant
Panasonic layoffs: Of the 10,000 employees slated to lose their jobs, half will be workers in Japan.
-
Starbucks To Lay Off 1,100 Jobs Amid Sluggish Sales
Starbucks will cut 1,100 corporate and administrative jobs as part of a reorganization as it aims to reignite sales growth, the company's new CEO said Monday.
-
Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
-
German Company Is Getting Rid Of Bosses, Asks Workers To "Self-Organize". Here's Why
The CEO said that he plans to cut the literal corporate rulebook, which runs more than 1,300 pages. "That's actually longer than 'War and Peace' and a lot less exciting," he said.
-
Citigroup To Cut 20,000 Jobs In Next 2 Years
Citigroup plans to cut 20,000 jobs over the next couple of years, the US bank said Friday, as part of a corporate reorganization designed to boost profits and return cash to shareholders.
-
Reddit Lays Off 5 Percent of Its Workforce, Will Reduce Planned Hiring for 2023
Reddit said on Tuesday it is laying off about 5 percent of its workforce, or 90 employees, joining a list of technology companies that have been cutting jobs across corporate America.
-
Apple Said to Make 'Small Number' of Job Cuts in Some Corporate Retail Teams: Details
Apple is said to be cutting a small number of jobs within the company's corporate teams, as part of the first job cuts at the Cupertino firm since it began cost cutting measures last year. The firm is cutting jobs of workers responsible for the construction and upkeep of Apple retail stores and other facilities around the world.
-
Apple To Cut Small Number Of Jobs In Some Corporate Retail Teams: Report
Apple Inc is eliminating a small number of roles within its corporate retail teams, Bloomberg News reported on Monday, citing people familiar with the matter.
-
Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
-
IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts
Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
