Layoff Plan
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Mark Zuckerberg Plans 30% Budget Cuts To Build Metaverse, Layoffs Loom
Meta Platforms Inc.'s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.
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After Layoffs, Microsoft Plans Fresh Hiring Focused On AI: Satya Nadella
After a year of major layoffs, Microsoft is preparing to grow its workforce again -- but this time with a clear focus on artificial intelligence.
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Amazon Employees In 'Constant Panic', Unable To Sleep Amid Layoff Threat, Viral Post Reveals Reality
After Amazon announced plans to cut roughly 14,000 corporate jobs globally, a Reddit user narrated their friend's experience, who currently works with the American company.
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"A Hint Of The Great Depression": Amazon Layoffs Spark Fierce Online Backlash
Amazon plans to lay off 30,000 corporate employees, nearly 10 per cent of its corporate workforce, triggering strong online backlash.
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Amazon Said to Cut as Many as 30,000 Corporate Jobs Starting This Week
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
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Amazon To Lay Off 30,000 Corporate Employees In Largest Job Cut Since 2022: Report
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
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62-Year-Old Microsoft Employee Laid Off After 20 Years: "It Feels Like A Betrayal"
In May, he found out he and 14 others in his group, including four managers, were laid off.
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Target To Cut 1,800 Corporate Jobs To Remove "Layers, Overlapping Work"
About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs, a company spokesperson said.
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Amazon Is Reportedly Planning to Replace Half a Million Workers With Robots and Automation
Amazon is reportedly planning to replace human workers with AI-powered robots to cut costs and boost efficiency. Internal documents suggest the company could avoid hiring around 6,00,000 US workers by 2033 through warehouse automation. To soften backlash, executives are reportedly advised to use terms like “advanced technology” or “cobots” ...
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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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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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Tata Consultancy Services Salary Hike: Eligibility, Increment Details Here
India's largest IT services company Tata Consultancy Services (TCS) has decided to roll out wage hikes ranging from two per cent to eight per cent for about 80% of its workforce from September 1, sources told NDTV Profit.
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Stanford Plans To Axe 363 Jobs Amid Trump's Funding Cuts
Stanford University plans to axe hundreds of staff due to funding cuts for higher education under President Donald Trump, the latest mass layoff at an elite US college.
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IT Union Files Dispute Against TCS Over Layoffs, Karnataka May Also Intervene
The Karnataka State IT/ITeS Employees Union (KITU) has filed an industrial dispute against Tata Consultancy Services (TCS) over its proposed layoffs.
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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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Mark Zuckerberg Plans 30% Budget Cuts To Build Metaverse, Layoffs Loom
Meta Platforms Inc.'s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.
-
After Layoffs, Microsoft Plans Fresh Hiring Focused On AI: Satya Nadella
After a year of major layoffs, Microsoft is preparing to grow its workforce again -- but this time with a clear focus on artificial intelligence.
-
Amazon Employees In 'Constant Panic', Unable To Sleep Amid Layoff Threat, Viral Post Reveals Reality
After Amazon announced plans to cut roughly 14,000 corporate jobs globally, a Reddit user narrated their friend's experience, who currently works with the American company.
-
"A Hint Of The Great Depression": Amazon Layoffs Spark Fierce Online Backlash
Amazon plans to lay off 30,000 corporate employees, nearly 10 per cent of its corporate workforce, triggering strong online backlash.
-
Amazon Said to Cut as Many as 30,000 Corporate Jobs Starting This Week
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
-
Amazon To Lay Off 30,000 Corporate Employees In Largest Job Cut Since 2022: Report
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
-
62-Year-Old Microsoft Employee Laid Off After 20 Years: "It Feels Like A Betrayal"
In May, he found out he and 14 others in his group, including four managers, were laid off.
-
Target To Cut 1,800 Corporate Jobs To Remove "Layers, Overlapping Work"
About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs, a company spokesperson said.
-
Amazon Is Reportedly Planning to Replace Half a Million Workers With Robots and Automation
Amazon is reportedly planning to replace human workers with AI-powered robots to cut costs and boost efficiency. Internal documents suggest the company could avoid hiring around 6,00,000 US workers by 2033 through warehouse automation. To soften backlash, executives are reportedly advised to use terms like “advanced technology” or “cobots” ...
-
'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.
-
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.
-
Tata Consultancy Services Salary Hike: Eligibility, Increment Details Here
India's largest IT services company Tata Consultancy Services (TCS) has decided to roll out wage hikes ranging from two per cent to eight per cent for about 80% of its workforce from September 1, sources told NDTV Profit.
-
Stanford Plans To Axe 363 Jobs Amid Trump's Funding Cuts
Stanford University plans to axe hundreds of staff due to funding cuts for higher education under President Donald Trump, the latest mass layoff at an elite US college.
-
IT Union Files Dispute Against TCS Over Layoffs, Karnataka May Also Intervene
The Karnataka State IT/ITeS Employees Union (KITU) has filed an industrial dispute against Tata Consultancy Services (TCS) over its proposed layoffs.
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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.
