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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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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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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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'Enigma Of Success': Microsoft CEO Satya Nadella After 15,000 Job Cuts
He acknowledged that while 15,000 roles, including 9,000 in early July, have been cut this year, the company's overall headcount remains largely unchanged.
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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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NASA To Cut Over 2,000 Senior Employees Due To Trump Budget Cuts
Around 2,145 senior-ranking employees at the U.S. National Aeronautics and Space Adminstration are set to leave under a push to shed staff, Politico reported on Wednesday citing documents obtained by the news outlet.
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Microsoft's Sales Chief To Take Two-Month Sabbatical Amid Expected Layoffs
Microsoft Corp.'s top sales executive is planning to take a two-month sabbatical, a move that coincides with an expected wave of terminations targeting his organisation.
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"Paid Rs 30 Lakh Taxes, Got Zero Support": Laid off Bengaluru Techie Says He's Falling Into Depression
The tweet has sparked a heated debate about the lack of support for India's salaried taxpayers, especially during crises.
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Microsoft Planning Thousands Of Job Cuts: Report
Microsoft is planning to cut thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, Bloomberg News reported on Wednesday, citing people familiar with the matter.
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Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
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Even The AI Director Was Not Spared In Microsoft's Recent Layoffs, Tech Industry Concerned
According to Ms Queiroz, staff were asked to stop work immediately after being informed of the decision.
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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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CEO Explains Why Employees In Their 40s Are Losing Jobs Globally
Bombay Shaving Company boss Shantanu Deshpande said the situation was "deeply concerning".
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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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'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.
-
Accenture Lays Off 11,000 Employees, CEO Reveals Why It's Necessary
The "number 1 strategy", according to CEO Julie Sweet, is "upskilling".
-
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.
-
'Enigma Of Success': Microsoft CEO Satya Nadella After 15,000 Job Cuts
He acknowledged that while 15,000 roles, including 9,000 in early July, have been cut this year, the company's overall headcount remains largely unchanged.
-
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.
-
NASA To Cut Over 2,000 Senior Employees Due To Trump Budget Cuts
Around 2,145 senior-ranking employees at the U.S. National Aeronautics and Space Adminstration are set to leave under a push to shed staff, Politico reported on Wednesday citing documents obtained by the news outlet.
-
Microsoft's Sales Chief To Take Two-Month Sabbatical Amid Expected Layoffs
Microsoft Corp.'s top sales executive is planning to take a two-month sabbatical, a move that coincides with an expected wave of terminations targeting his organisation.
-
"Paid Rs 30 Lakh Taxes, Got Zero Support": Laid off Bengaluru Techie Says He's Falling Into Depression
The tweet has sparked a heated debate about the lack of support for India's salaried taxpayers, especially during crises.
-
Microsoft Planning Thousands Of Job Cuts: Report
Microsoft is planning to cut thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, Bloomberg News reported on Wednesday, citing people familiar with the matter.
-
Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
-
Even The AI Director Was Not Spared In Microsoft's Recent Layoffs, Tech Industry Concerned
According to Ms Queiroz, staff were asked to stop work immediately after being informed of the decision.
-
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.
-
CEO Explains Why Employees In Their 40s Are Losing Jobs Globally
Bombay Shaving Company boss Shantanu Deshpande said the situation was "deeply concerning".
-
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.
