Job Cuts

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.

Swedish music streaming giant Spotify said Monday it will cut some 200 positions, equalling two percent of its workforce, as it slims down its internal podcast operations.

Britain's biggest business lobby group on Friday confirmed plans to cut jobs after allegations of sexual harassment triggered an exodus of members.

Alibaba Group Holding Ltd. said it plans to hire 15,000 people this year, pushing back on reports that the Chinese tech firm is laying off employees.

Meta Platforms started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.

Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.

Meta Platforms Inc expects to cut around 490 jobs at its international headquarters in Dublin, or almost 20% of its Irish workforce, part of 10,000 global layoffs announced in March, the social media company said on Wednesday.

A woman has shared that she rejoined the company again after being laid off in January.

Meta has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals.

British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the decade to slash costs in the latest tech-sector jobs cull. BT employs 130,000 staff, including contractors. The group will lower this to between 75,000 and 90,000 people over the next five to seven years, it said in a results statement.

British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the decade to slash costs in the latest tech-sector jobs cull.

British mobile phone giant Vodafone on Tuesday said it planned to axe 11,000 jobs over the next three years as new chief executive Margherita Della Valle seeks a "simpler" organisation. "Our performance has not been good enough," Della Valle said alongside news of flat annual revenue at the group.

British telecom giant Vodafone today said it will cut 11,000 jobs over the next three years as new chief executive Margherita Della Valle seeks a "simpler" organisation as it forecasts little or no growth in earnings for the new financial year.

Social networking firm LinkedIn announced Tuesday that it will close down its last service available in China, citing "fierce competition and a challenging macroeconomic climate". The company had introduced a unique domestic version of the career networking platform operated locally in order to comply.

Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...

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.

Swedish music streaming giant Spotify said Monday it will cut some 200 positions, equalling two percent of its workforce, as it slims down its internal podcast operations.

Britain's biggest business lobby group on Friday confirmed plans to cut jobs after allegations of sexual harassment triggered an exodus of members.

Alibaba Group Holding Ltd. said it plans to hire 15,000 people this year, pushing back on reports that the Chinese tech firm is laying off employees.

Meta Platforms started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.

Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.

Meta Platforms Inc expects to cut around 490 jobs at its international headquarters in Dublin, or almost 20% of its Irish workforce, part of 10,000 global layoffs announced in March, the social media company said on Wednesday.

A woman has shared that she rejoined the company again after being laid off in January.

Meta has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals.

British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the decade to slash costs in the latest tech-sector jobs cull. BT employs 130,000 staff, including contractors. The group will lower this to between 75,000 and 90,000 people over the next five to seven years, it said in a results statement.

British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the decade to slash costs in the latest tech-sector jobs cull.

British mobile phone giant Vodafone on Tuesday said it planned to axe 11,000 jobs over the next three years as new chief executive Margherita Della Valle seeks a "simpler" organisation. "Our performance has not been good enough," Della Valle said alongside news of flat annual revenue at the group.

British telecom giant Vodafone today said it will cut 11,000 jobs over the next three years as new chief executive Margherita Della Valle seeks a "simpler" organisation as it forecasts little or no growth in earnings for the new financial year.

Social networking firm LinkedIn announced Tuesday that it will close down its last service available in China, citing "fierce competition and a challenging macroeconomic climate". The company had introduced a unique domestic version of the career networking platform operated locally in order to comply.

Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...