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More Layoffs At Disney? Managers Told To Target 20% Cost Cuts
The savings could come from job eliminations as well as from expense reductions, according to sources.
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Hello Sunshine Lays Off 30 Employees After Reacquisition By Reese Witherspoon And Mediawan
Reese Witherspoon's Hello Sunshine has reportedly eliminated around 30 positions, affecting nearly half its workforce, following its reacquisition by Witherspoon and Mediawan.
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Virgin Media O2 Layoffs: Up To 4,000 Jobs At Risk In Major Restructuring, Report Says
Virgin Media O2 could eliminate up to 4,000 positions, equivalent to approximately 25% of its workforce, as part of a major restructuring. The reported cuts are expected to focus mainly on non-customer-facing roles.
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'I Got Laid Off Today’: Woman Shares 10 Things To Do And Avoid After Losing Your Job
A woman shares 6 key lessons after her friend was laid off due to company restructuring, highlighting the importance of upskilling, emergency savings, regular interviews, researching employers and building multiple income streams for financial security.
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US Tariffs, China Competition: Volvo Cars To Cut 2,500 Jobs, Most In Sweden
The company, which had bet heavily on electric vehicles, said the removal of consumer incentives for EVs in the US under President Trump had also hit its margins.
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"We Prioritise Our People": Netflix To Cut 1,000 Jobs Amid Slow Growth Rate
"Our mission -- to entertain the world -- is ambitious, and delivering on it requires us to be disciplined about where we prioritise our people and resources," co-CEOs Ted Sarandos and Greg Peters wrote in an internal memo, according to several US media outlets.
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Amazon Layoffs: Fresh Job Cuts Hit India Amid 'Great Indian Festival' Sale
Amazon Job Cuts: The teams linked to customer service, selling partner services and marketplace support have been affected in India, US, and the UK.
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Amazon Layoffs: Employees Hit By Fresh Job Cuts Across Several Business Units; Here's What We Know So Far
Employees in the US, India and the UK were among those affected, while some staff wondered whether Mexico and other parts of Europe would also be hit.
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Nike Plans Job Cuts As Revenue Falls 4% To $11.2 Billion
Nike expects full-year fiscal 2027 sales to fall by high-single digits after quarterly revenue dropped 4% to $11.2 billion and profit fell 2% to $712 million.
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Nike Loses $230 Billion: How The World's Biggest Sports Brand Lost Its Swoosh
Nike Sportswear, which includes many of its biggest everyday shoes and apparel, has been particularly weak. Jordan Brand is also struggling.
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Nike Plans Job Cuts, Warns Of Further Sales Decline
The company projected sales in the current fiscal year would fall by "high-single digits," according to an earnings statement.
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More Layoffs Soon? Apple's New CEO Plans Overhaul For 'Leaner' Company
Apple CEO aims to cut the layers between engineers and senior executives, and give engineering teams a more direct route to decision-makers.
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Apple Layoffs: iPhone Maker Cuts Jobs Again, Second Time In Two Months
For Indian technology professionals, the impact could be felt through GCCs, multinational technology companies and outsourcing firms.
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Porsche Could Face Another 4,000 Job Cuts: Report
In July, Porsche management and labour representatives agreed to an additional 5,000 layoffs on top of 4,000 determined earlier.
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'Find Another Job By December 15': Inside Adidas India's Tech Layoffs In Gurugram
Adidas India Job Cuts: The German sportswear giant has confirmed job cuts, while adding that the restructuring impact is less than 20% of operations.
-
More Layoffs At Disney? Managers Told To Target 20% Cost Cuts
The savings could come from job eliminations as well as from expense reductions, according to sources.
-
Hello Sunshine Lays Off 30 Employees After Reacquisition By Reese Witherspoon And Mediawan
Reese Witherspoon's Hello Sunshine has reportedly eliminated around 30 positions, affecting nearly half its workforce, following its reacquisition by Witherspoon and Mediawan.
-
Virgin Media O2 Layoffs: Up To 4,000 Jobs At Risk In Major Restructuring, Report Says
Virgin Media O2 could eliminate up to 4,000 positions, equivalent to approximately 25% of its workforce, as part of a major restructuring. The reported cuts are expected to focus mainly on non-customer-facing roles.
-
'I Got Laid Off Today’: Woman Shares 10 Things To Do And Avoid After Losing Your Job
A woman shares 6 key lessons after her friend was laid off due to company restructuring, highlighting the importance of upskilling, emergency savings, regular interviews, researching employers and building multiple income streams for financial security.
-
US Tariffs, China Competition: Volvo Cars To Cut 2,500 Jobs, Most In Sweden
The company, which had bet heavily on electric vehicles, said the removal of consumer incentives for EVs in the US under President Trump had also hit its margins.
-
"We Prioritise Our People": Netflix To Cut 1,000 Jobs Amid Slow Growth Rate
"Our mission -- to entertain the world -- is ambitious, and delivering on it requires us to be disciplined about where we prioritise our people and resources," co-CEOs Ted Sarandos and Greg Peters wrote in an internal memo, according to several US media outlets.
-
Amazon Layoffs: Fresh Job Cuts Hit India Amid 'Great Indian Festival' Sale
Amazon Job Cuts: The teams linked to customer service, selling partner services and marketplace support have been affected in India, US, and the UK.
-
Amazon Layoffs: Employees Hit By Fresh Job Cuts Across Several Business Units; Here's What We Know So Far
Employees in the US, India and the UK were among those affected, while some staff wondered whether Mexico and other parts of Europe would also be hit.
-
Nike Plans Job Cuts As Revenue Falls 4% To $11.2 Billion
Nike expects full-year fiscal 2027 sales to fall by high-single digits after quarterly revenue dropped 4% to $11.2 billion and profit fell 2% to $712 million.
-
Nike Loses $230 Billion: How The World's Biggest Sports Brand Lost Its Swoosh
Nike Sportswear, which includes many of its biggest everyday shoes and apparel, has been particularly weak. Jordan Brand is also struggling.
-
Nike Plans Job Cuts, Warns Of Further Sales Decline
The company projected sales in the current fiscal year would fall by "high-single digits," according to an earnings statement.
-
More Layoffs Soon? Apple's New CEO Plans Overhaul For 'Leaner' Company
Apple CEO aims to cut the layers between engineers and senior executives, and give engineering teams a more direct route to decision-makers.
-
Apple Layoffs: iPhone Maker Cuts Jobs Again, Second Time In Two Months
For Indian technology professionals, the impact could be felt through GCCs, multinational technology companies and outsourcing firms.
-
Porsche Could Face Another 4,000 Job Cuts: Report
In July, Porsche management and labour representatives agreed to an additional 5,000 layoffs on top of 4,000 determined earlier.
-
'Find Another Job By December 15': Inside Adidas India's Tech Layoffs In Gurugram
Adidas India Job Cuts: The German sportswear giant has confirmed job cuts, while adding that the restructuring impact is less than 20% of operations.
