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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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Indian Man's AI Startup Opens Doors To 600 Laid-Off Meta Employees With High Salaries
The offer comes amid Meta's push for leaner operations, with cuts targeting its Fundamental AI Research (FAIR) unit, AI product teams, and infrastructure groups.
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Indian Woman On H-1B Visa Laid Off by Meta, Receives Job Offers Online
Based in Seattle, the woman joined Meta as a research scientist earlier this year, but was laid off after just nine months.
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Meta To Cut 600 Jobs In AI Division To Streamline Operations
Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday.
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Amazon Is Reportedly Planning to Replace Half a Million Workers With Robots and Automation
Amazon is reportedly planning to replace human workers with AI-powered robots to cut costs and boost efficiency. Internal documents suggest the company could avoid hiring around 6,00,000 US workers by 2033 through warehouse automation. To soften backlash, executives are reportedly advised to use terms like “advanced technology” or “cobots” ...
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AI Push Drives Record Job Cuts At Top Private Employer TCS
Tata Consultancy Services Ltd. made its steepest-ever job cuts as strained ties with the US and a rapid shift toward artificial intelligence reshape the country's $280 billion IT services sector.
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'Hard But Necessary': Nestle Announces 16,000 Job Cuts Worldwide
Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, announced Thursday plans to cut 16,000 jobs worldwide over the next two years, sending its share price soaring.
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"Need To Change Faster": Nestle To Cut 16,000 Jobs Over Next 2 Years
Nestle, the Swiss food and beverage giant known for brands like Nespresso, Kit Kat, Perrier, and Purina, announced on Thursday that it will cut 16,000 jobs worldwide over the next two years.
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TCS, Employees' Union Hold Talks After Protests Over 20,000 Job Cuts
A conciliation meeting between the Karnataka State IT/ITeS Employees Union and Tata Consultancy Services management was held, following allegations of mass layoffs at the IT major.
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Amazon To Lay Off Up To 15% Of HR Staff Amid AI-Driven Restructuring: Report
CEO Andy Jassy has emphasised AI's central role in Amazon's future, driving efficiency and automation.
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Harvard University To Lay Off School Staff Amid "Enormous" Pressure
The Boston Globe, which first reported the changes, said it involves 40 layoffs. A spokesperson for the engineering school declined to comment on the number of people cut.
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US Government On Brink Of Shutdown After Senate Rejects Funding Bills
The US government barreled towards its first shutdown in six years Tuesday, with funding expiring at midnight after Democrats fought a war of words with Donald Trump and senators rejected a last-ditch bid to keep the lights on.
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Accenture Lays Off 11,000 Employees, CEO Reveals Why It's Necessary
The "number 1 strategy", according to CEO Julie Sweet, is "upskilling".
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Germany's Lufthansa To Cut 4,000 Jobs By 2030, Targetting Admin
German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its workforce -- a move underscoring the slump gripping Europe's largest economy.
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US Lawmakers Seek Answers From Firms Over H-1B Visa Use Amid Layoffs
US lawmakers have asked major US companies, including Apple, Amazon and JPMorgan, to explain why they are hiring thousands of foreign workers on H-1B visas while cutting other jobs, the Wall Street Journal reported on Wednesday.
-
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.
-
Indian Man's AI Startup Opens Doors To 600 Laid-Off Meta Employees With High Salaries
The offer comes amid Meta's push for leaner operations, with cuts targeting its Fundamental AI Research (FAIR) unit, AI product teams, and infrastructure groups.
-
Indian Woman On H-1B Visa Laid Off by Meta, Receives Job Offers Online
Based in Seattle, the woman joined Meta as a research scientist earlier this year, but was laid off after just nine months.
-
Meta To Cut 600 Jobs In AI Division To Streamline Operations
Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday.
-
Amazon Is Reportedly Planning to Replace Half a Million Workers With Robots and Automation
Amazon is reportedly planning to replace human workers with AI-powered robots to cut costs and boost efficiency. Internal documents suggest the company could avoid hiring around 6,00,000 US workers by 2033 through warehouse automation. To soften backlash, executives are reportedly advised to use terms like “advanced technology” or “cobots” ...
-
AI Push Drives Record Job Cuts At Top Private Employer TCS
Tata Consultancy Services Ltd. made its steepest-ever job cuts as strained ties with the US and a rapid shift toward artificial intelligence reshape the country's $280 billion IT services sector.
-
'Hard But Necessary': Nestle Announces 16,000 Job Cuts Worldwide
Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, announced Thursday plans to cut 16,000 jobs worldwide over the next two years, sending its share price soaring.
-
"Need To Change Faster": Nestle To Cut 16,000 Jobs Over Next 2 Years
Nestle, the Swiss food and beverage giant known for brands like Nespresso, Kit Kat, Perrier, and Purina, announced on Thursday that it will cut 16,000 jobs worldwide over the next two years.
-
TCS, Employees' Union Hold Talks After Protests Over 20,000 Job Cuts
A conciliation meeting between the Karnataka State IT/ITeS Employees Union and Tata Consultancy Services management was held, following allegations of mass layoffs at the IT major.
-
Amazon To Lay Off Up To 15% Of HR Staff Amid AI-Driven Restructuring: Report
CEO Andy Jassy has emphasised AI's central role in Amazon's future, driving efficiency and automation.
-
Harvard University To Lay Off School Staff Amid "Enormous" Pressure
The Boston Globe, which first reported the changes, said it involves 40 layoffs. A spokesperson for the engineering school declined to comment on the number of people cut.
-
US Government On Brink Of Shutdown After Senate Rejects Funding Bills
The US government barreled towards its first shutdown in six years Tuesday, with funding expiring at midnight after Democrats fought a war of words with Donald Trump and senators rejected a last-ditch bid to keep the lights on.
-
Accenture Lays Off 11,000 Employees, CEO Reveals Why It's Necessary
The "number 1 strategy", according to CEO Julie Sweet, is "upskilling".
-
Germany's Lufthansa To Cut 4,000 Jobs By 2030, Targetting Admin
German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its workforce -- a move underscoring the slump gripping Europe's largest economy.
-
US Lawmakers Seek Answers From Firms Over H-1B Visa Use Amid Layoffs
US lawmakers have asked major US companies, including Apple, Amazon and JPMorgan, to explain why they are hiring thousands of foreign workers on H-1B visas while cutting other jobs, the Wall Street Journal reported on Wednesday.
