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"She Was Sleeping Less Than 4 Hours": Meta Employee Says Teammate Was Fired Despite Strong Performance
The employee said layoffs should not automatically be seen as a reflection of poor performance, describing the terminated colleague as dependable, humble and exceptionally hardworking.
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Bhavish Aggarwal's Ola To Cut 1,000 Jobs. 500 Were Laid Off In November
The current round of layoffs amounts to over a quarter of Ola's 4,000 employee size as of March 2024 but includes contract workers that aren't counted in the company's public disclosures.
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Volkswagen To Cut 35,000 Jobs In Germany By 2030
Crisis-hit auto giant Volkswagen said Friday it planned to cut 35,000 jobs by 2030 in Germany after reaching an agreement with unions on a drastic cost-cutting plan.
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'Grand Theft Auto' Video Game Publisher Cuts Workforce, Shelve Some Games
Take-Two Interactive on Tuesday told US regulators it is trimming its workforce by five percent and eliminating some video games in production to cut costs.
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"Streamlining Operations": Video Game Giant Electronic Arts To Lay Off 5% Of Workforce
Electronic Arts on Wednesday said it is cutting about 5 percent of its workforce, as belt tightening continues in the video game and tech industries.
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Travel Platform Expedia To Cut 1,500 Jobs In Latest Restructuring
Online travel platform Expedia said on Monday it was cutting about 1,500 jobs as part of its latest restructuring.
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Amazon Lays Off 180 Employees From Gaming Division: Report
Amazon.com has cut around 180 jobs in its games division, at least the second round of layoffs in under a week by the online retailer and digital streaming provider in a broader restructuring, an email viewed on Monday by Reuters showed.
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Meta Preparing For Fresh Round Of Job Cuts: Report
Facebook-parent Meta Platforms Inc is planning a fresh round of job cuts in a reorganization and downsizing effort that could affect thousands of workers, the Washington Post reported today.
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Disney CEO Bob Iger To Step Down In Two Years
Mr Iger said that in addition to assisting the board in "succeeding at succession," he has a lot to accomplish in a brief amount of time.
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Air France And Hop! To Cut 7,580 Jobs By 2022 Amid COVID-19 Crisis
Air France management said Friday it planned to eliminate 7,580 jobs at the airline and its regional unit Hop! by the end of 2022 because of the coronavirus crisis.
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Uber Cuts 600 Jobs In India As Lockdown Hits Business
Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23 per cent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt.
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Audi To Cut One In Ten Jobs To Fund Shift To Electric Vehicles
The agreement between management and workers sees annual production capacity at Audi's German plants in Ingolstadt and Neckarsulm at 450,000 and 225,000 respectively.
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Continental To Cut 5,040 Jobs As Combustion Engine Demand Falls
The global auto supplier, which employs more than 240,000 staff, has suffered from a global downturn in demand for passenger cars and a shift away from gasoline and diesel toward battery-powered vehicles.
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Salary Cut Early In Life May Harm Your Brain Health: Study
The study involved 3,287 people who were 23 to 35 years old at the start of the study.
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More Jobs In Auto Lost, Toyota And Hyundai Cut Production
Japanese carmaker Toyota Motor and South Korea's Hyundai Motor are the latest in a string of companies to briefly halt some parts of production at plants to combat slumping sales, according to company memos to employees, reviewed by Reuters.
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"She Was Sleeping Less Than 4 Hours": Meta Employee Says Teammate Was Fired Despite Strong Performance
The employee said layoffs should not automatically be seen as a reflection of poor performance, describing the terminated colleague as dependable, humble and exceptionally hardworking.
-
Bhavish Aggarwal's Ola To Cut 1,000 Jobs. 500 Were Laid Off In November
The current round of layoffs amounts to over a quarter of Ola's 4,000 employee size as of March 2024 but includes contract workers that aren't counted in the company's public disclosures.
-
Volkswagen To Cut 35,000 Jobs In Germany By 2030
Crisis-hit auto giant Volkswagen said Friday it planned to cut 35,000 jobs by 2030 in Germany after reaching an agreement with unions on a drastic cost-cutting plan.
-
'Grand Theft Auto' Video Game Publisher Cuts Workforce, Shelve Some Games
Take-Two Interactive on Tuesday told US regulators it is trimming its workforce by five percent and eliminating some video games in production to cut costs.
-
"Streamlining Operations": Video Game Giant Electronic Arts To Lay Off 5% Of Workforce
Electronic Arts on Wednesday said it is cutting about 5 percent of its workforce, as belt tightening continues in the video game and tech industries.
-
Travel Platform Expedia To Cut 1,500 Jobs In Latest Restructuring
Online travel platform Expedia said on Monday it was cutting about 1,500 jobs as part of its latest restructuring.
-
Amazon Lays Off 180 Employees From Gaming Division: Report
Amazon.com has cut around 180 jobs in its games division, at least the second round of layoffs in under a week by the online retailer and digital streaming provider in a broader restructuring, an email viewed on Monday by Reuters showed.
-
Meta Preparing For Fresh Round Of Job Cuts: Report
Facebook-parent Meta Platforms Inc is planning a fresh round of job cuts in a reorganization and downsizing effort that could affect thousands of workers, the Washington Post reported today.
-
Disney CEO Bob Iger To Step Down In Two Years
Mr Iger said that in addition to assisting the board in "succeeding at succession," he has a lot to accomplish in a brief amount of time.
-
Air France And Hop! To Cut 7,580 Jobs By 2022 Amid COVID-19 Crisis
Air France management said Friday it planned to eliminate 7,580 jobs at the airline and its regional unit Hop! by the end of 2022 because of the coronavirus crisis.
-
Uber Cuts 600 Jobs In India As Lockdown Hits Business
Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23 per cent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt.
-
Audi To Cut One In Ten Jobs To Fund Shift To Electric Vehicles
The agreement between management and workers sees annual production capacity at Audi's German plants in Ingolstadt and Neckarsulm at 450,000 and 225,000 respectively.
-
Continental To Cut 5,040 Jobs As Combustion Engine Demand Falls
The global auto supplier, which employs more than 240,000 staff, has suffered from a global downturn in demand for passenger cars and a shift away from gasoline and diesel toward battery-powered vehicles.
-
Salary Cut Early In Life May Harm Your Brain Health: Study
The study involved 3,287 people who were 23 to 35 years old at the start of the study.
-
More Jobs In Auto Lost, Toyota And Hyundai Cut Production
Japanese carmaker Toyota Motor and South Korea's Hyundai Motor are the latest in a string of companies to briefly halt some parts of production at plants to combat slumping sales, according to company memos to employees, reviewed by Reuters.
