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Intel To Cut 20% Workforce Amid Major Restructuring Efforts: Report
Intel has seen its sales drop three years in a row and has trailed Nvidia when it comes to advancements in technology.
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Intel to Announce Plans This Week to Cut Over 20 Percent of Staff
Intel is poised to announce plans this week to cut more than 20 percent of its staff. The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August.
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"Sudden Drop In Income": WHO Announces Layoffs Amid US Funding Cuts
The United Nations health agency has been bracing for President Donald Trump's planned full withdrawal of the United States -- by far its largest donor -- next January.
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Google Lays Off Hundreds Of Employees In Android, Pixel Group: Report
Alphabet's Google on Thursday laid off hundreds of employees in its platforms and devices unit, which works on Android software, Pixel phones and the Chrome browser.
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Tomb Raider Developer Crystal Dynamics Announces Layoffs
Tomb Raider developer Crystal Dynamics has announced layoffs, calling the move “necessary” for its future success. As many as 17 staff members will be let go as part of the layoffs. The studio, currently working on the next Tomb Raider title, said the job cuts would not affect its plans for its current projects.
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Audi To Layoff 7,500 Employees In Germany By 2029
The job cut from Audi will affect around 14 per cent of its workforce in Germany.
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Amazon To Cut 14,000 Jobs In Mega Cost-Saving Drive: Report
Amazon is planning to cut 14,000 managerial positions by early 2025 as part of its efforts to cut costs and improve efficiency, according to a report.
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Trump's Team Begins Mass Layoffs At US-Funded News Agency 'Voice Of America'
President Donald Trump's administration on Sunday began mass layoffs at Voice of America and other US-funded media, making clear its intent to gut outlets long seen as critical for US influence.
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UN Migration Agency Lays Off Around 20% Headquarter Staff Amid US Aid Cuts: Report
The UN migration agency, which has been hit hard by US foreign aid cuts, has launched more mass layoffs, impacting around a fifth of staff at its Geneva headquarters, employees said Friday.
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Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility is laying off over a thousand employees and contract workers,, people with knowledge in the matter have told the media. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the i...
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Meta Fires 20 Employees For Leaking Internal Information, More Layoffs Likely
Meta on Thursday said it had laid off 20 workers for leaking information to the media, as the social media giant faces pressure over the recent political shift.
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Meta Increases Executive Bonuses By Up To 200% After Mass Layoffs
Days after laying off 3,600 employees, tech giant Meta is set to offer bigger bonuses to its executives this year.
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Meta Starts Eliminating Jobs in Shift to Find AI Talent
Meta has started notifying “low-performers” that they are being laid off. The company is scouring for new talent to dominate the AI race. The company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service.
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Meta Prepares for Layoffs on Monday, Circulates Internal Memo
Meta Platforms plans to carry out its expected company-wide layoffs next week. Employees in Germany, France, Italy and the Netherlands will be exempt from the cuts "due to local regulations," while those in more than a dozen other countries across Europe, Asia and Africa will receive their notifications between February 11 and February 18.
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Meta To Start Layoffs Globally From Next Week: Report
Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers, it told staffers in internal memos seen by Reuters on Friday.
-
Intel To Cut 20% Workforce Amid Major Restructuring Efforts: Report
Intel has seen its sales drop three years in a row and has trailed Nvidia when it comes to advancements in technology.
-
Intel to Announce Plans This Week to Cut Over 20 Percent of Staff
Intel is poised to announce plans this week to cut more than 20 percent of its staff. The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August.
-
"Sudden Drop In Income": WHO Announces Layoffs Amid US Funding Cuts
The United Nations health agency has been bracing for President Donald Trump's planned full withdrawal of the United States -- by far its largest donor -- next January.
-
Google Lays Off Hundreds Of Employees In Android, Pixel Group: Report
Alphabet's Google on Thursday laid off hundreds of employees in its platforms and devices unit, which works on Android software, Pixel phones and the Chrome browser.
-
Tomb Raider Developer Crystal Dynamics Announces Layoffs
Tomb Raider developer Crystal Dynamics has announced layoffs, calling the move “necessary” for its future success. As many as 17 staff members will be let go as part of the layoffs. The studio, currently working on the next Tomb Raider title, said the job cuts would not affect its plans for its current projects.
-
Audi To Layoff 7,500 Employees In Germany By 2029
The job cut from Audi will affect around 14 per cent of its workforce in Germany.
-
Amazon To Cut 14,000 Jobs In Mega Cost-Saving Drive: Report
Amazon is planning to cut 14,000 managerial positions by early 2025 as part of its efforts to cut costs and improve efficiency, according to a report.
-
Trump's Team Begins Mass Layoffs At US-Funded News Agency 'Voice Of America'
President Donald Trump's administration on Sunday began mass layoffs at Voice of America and other US-funded media, making clear its intent to gut outlets long seen as critical for US influence.
-
UN Migration Agency Lays Off Around 20% Headquarter Staff Amid US Aid Cuts: Report
The UN migration agency, which has been hit hard by US foreign aid cuts, has launched more mass layoffs, impacting around a fifth of staff at its Geneva headquarters, employees said Friday.
-
Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility is laying off over a thousand employees and contract workers,, people with knowledge in the matter have told the media. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the i...
-
Meta Fires 20 Employees For Leaking Internal Information, More Layoffs Likely
Meta on Thursday said it had laid off 20 workers for leaking information to the media, as the social media giant faces pressure over the recent political shift.
-
Meta Increases Executive Bonuses By Up To 200% After Mass Layoffs
Days after laying off 3,600 employees, tech giant Meta is set to offer bigger bonuses to its executives this year.
-
Meta Starts Eliminating Jobs in Shift to Find AI Talent
Meta has started notifying “low-performers” that they are being laid off. The company is scouring for new talent to dominate the AI race. The company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service.
-
Meta Prepares for Layoffs on Monday, Circulates Internal Memo
Meta Platforms plans to carry out its expected company-wide layoffs next week. Employees in Germany, France, Italy and the Netherlands will be exempt from the cuts "due to local regulations," while those in more than a dozen other countries across Europe, Asia and Africa will receive their notifications between February 11 and February 18.
-
Meta To Start Layoffs Globally From Next Week: Report
Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers, it told staffers in internal memos seen by Reuters on Friday.
