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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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Germany's Bosch To Cut 13,000 Jobs In Blow To Auto Sector
German industrial giant Bosch said Thursday it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for the country's ailing car sector.
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Opinion | RSS At 100: Contradictions Of Imagination
Bhagwat said that except for certain core tenets, everything in the RSS is open to change. That flexibility will be useful for the RSS leadership, which has its job cut out as it tries to steer the ship into open international waters.
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IT Ministry Keeping Close Watch On Tata Consultancy Services' Layoffs Situation: Report
The IT Ministry is keeping a close watch on the developments after Tata Consultancy Services' (TCS) decision to lay off over 12,000 employees, according to sources.
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Tata Consultancy Services, India's Largest IT Services Provider, To Cut 12,000 Jobs
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.
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Walmart Cuts Hundreds Of Store-Support, Training Jobs To Simplify Structure
The company is eliminating the market coordinator job that supports some managers, according to a memo viewed by Bloomberg News.
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Microsoft Shuts Pakistan Operations After 25 Years, Cites Global Restructuring
Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a "troubling sign" for the country's economy.
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Microsoft to Cut About 4 Percent of Jobs Amid Hefty AI Bets
Microsoft is cutting nearly 4 percent of its workforce, marking the latest layoffs as the tech giant aims to control costs while making significant investments in AI infrastructure. This follows approximately 6,000 job cuts in May. The rising expenses of scaling AI are impacting Microsoft's margins, with June quarter cloud margins expected to decli...
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Microsoft To Lay Off Over 9,000 Employees, 2nd Big Job Purge In Months: Report
Microsoft is laying off as many as 4%, or roughly 9,100, of its employees in the largest round of job cuts since 2023, the Seattle Times reported on Wednesday.
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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.
-
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.
-
Germany's Bosch To Cut 13,000 Jobs In Blow To Auto Sector
German industrial giant Bosch said Thursday it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for the country's ailing car sector.
-
Opinion | RSS At 100: Contradictions Of Imagination
Bhagwat said that except for certain core tenets, everything in the RSS is open to change. That flexibility will be useful for the RSS leadership, which has its job cut out as it tries to steer the ship into open international waters.
-
IT Ministry Keeping Close Watch On Tata Consultancy Services' Layoffs Situation: Report
The IT Ministry is keeping a close watch on the developments after Tata Consultancy Services' (TCS) decision to lay off over 12,000 employees, according to sources.
-
Tata Consultancy Services, India's Largest IT Services Provider, To Cut 12,000 Jobs
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.
-
Walmart Cuts Hundreds Of Store-Support, Training Jobs To Simplify Structure
The company is eliminating the market coordinator job that supports some managers, according to a memo viewed by Bloomberg News.
-
Microsoft Shuts Pakistan Operations After 25 Years, Cites Global Restructuring
Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a "troubling sign" for the country's economy.
-
Microsoft to Cut About 4 Percent of Jobs Amid Hefty AI Bets
Microsoft is cutting nearly 4 percent of its workforce, marking the latest layoffs as the tech giant aims to control costs while making significant investments in AI infrastructure. This follows approximately 6,000 job cuts in May. The rising expenses of scaling AI are impacting Microsoft's margins, with June quarter cloud margins expected to decli...
-
Microsoft To Lay Off Over 9,000 Employees, 2nd Big Job Purge In Months: Report
Microsoft is laying off as many as 4%, or roughly 9,100, of its employees in the largest round of job cuts since 2023, the Seattle Times reported on Wednesday.
