Mass Layoffs
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All Local Workers, US Diplomats To Be Fired From USAID: Report
Elon Musk's cost-cutting team is finalizing the dismantlement of the US Agency for International Development, ordering the firings of thousands of local workers and American diplomats and civil servants assigned to the agency overseas, reports say.
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Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's staff, on Tuesday, TechCrunch reported.
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"Don't Celebrate Too Early": Thyrocare Founder's Advice For Young Professionals
Thyrocare founder Dr A Velumani recently took to X to highlight the emotional impact of mass layoffs, particularly in tech companies like Amazon, Meta and Google.
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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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White House Instructs Agencies To Avoid Firing Cybersecurity Staff
The White House is urging federal agencies to refrain from laying off their cybersecurity teams, as they scramble to comply with a Thursday deadline to submit mass layoff plans to slash their budgets, according to an email seen by Reuters.
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US Agencies Face Deadline Today To Submit Mass Layoff Plans
The potential scale of President Donald Trump's efforts to shrink the U.S. federal government could become clearer on Thursday, the deadline for government agencies to submit plans for a second wave of mass layoffs and to slash their budgets.
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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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How Trump 2.0 Fired Federal Workers Over Teams Meet, Gave 30 Minutes To Leave
The large-scale layoff strategy is led by Elon Musk's "department of government efficiency," which aims to cut costs by downsizing the federal government.
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"Truly Heartbreaking": Infosys Mass Layoffs Leave Trainees Devastated, Internet Furious
Social media erupted with outrage as netizens shared their shock and sympathy for the affected employees.
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BioWare Downsized to Less Than 100 Employees After Layoffs, Relocations: Report
Dragon Age and Mass Effect developer BioWare has reportedly been hit with layoffs and relocations, downsizing to less than half of its size from two years ago. The developer is said to have laid off over 20 employees and permanently moved several others to different teams across parent company Electronic Arts.
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Google Slashes 10% Of Managerial Staff In Hunt For 'Googleyness': Report
Google Layoffs: Google has laid off 10 per cent of its managerial staff as part of a long-running campaign to increase efficiency by double that number, multiple news reports said Wednesday.
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AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
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US Judge Says Elon Musk's X Must Face Class Action Age Bias Claims Over Mass Layoff
A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.
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"Hits The Right Chords": Unacademy CEO's Reply On Startup Failure Before Mass Layoffs
The company fired roughly 150 employees in sales and 100 employees in marketing, business, and product.
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All Local Workers, US Diplomats To Be Fired From USAID: Report
Elon Musk's cost-cutting team is finalizing the dismantlement of the US Agency for International Development, ordering the firings of thousands of local workers and American diplomats and civil servants assigned to the agency overseas, reports say.
-
Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's staff, on Tuesday, TechCrunch reported.
-
"Don't Celebrate Too Early": Thyrocare Founder's Advice For Young Professionals
Thyrocare founder Dr A Velumani recently took to X to highlight the emotional impact of mass layoffs, particularly in tech companies like Amazon, Meta and Google.
-
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.
-
White House Instructs Agencies To Avoid Firing Cybersecurity Staff
The White House is urging federal agencies to refrain from laying off their cybersecurity teams, as they scramble to comply with a Thursday deadline to submit mass layoff plans to slash their budgets, according to an email seen by Reuters.
-
US Agencies Face Deadline Today To Submit Mass Layoff Plans
The potential scale of President Donald Trump's efforts to shrink the U.S. federal government could become clearer on Thursday, the deadline for government agencies to submit plans for a second wave of mass layoffs and to slash their budgets.
-
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.
-
How Trump 2.0 Fired Federal Workers Over Teams Meet, Gave 30 Minutes To Leave
The large-scale layoff strategy is led by Elon Musk's "department of government efficiency," which aims to cut costs by downsizing the federal government.
-
"Truly Heartbreaking": Infosys Mass Layoffs Leave Trainees Devastated, Internet Furious
Social media erupted with outrage as netizens shared their shock and sympathy for the affected employees.
-
BioWare Downsized to Less Than 100 Employees After Layoffs, Relocations: Report
Dragon Age and Mass Effect developer BioWare has reportedly been hit with layoffs and relocations, downsizing to less than half of its size from two years ago. The developer is said to have laid off over 20 employees and permanently moved several others to different teams across parent company Electronic Arts.
-
Google Slashes 10% Of Managerial Staff In Hunt For 'Googleyness': Report
Google Layoffs: Google has laid off 10 per cent of its managerial staff as part of a long-running campaign to increase efficiency by double that number, multiple news reports said Wednesday.
-
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
-
US Judge Says Elon Musk's X Must Face Class Action Age Bias Claims Over Mass Layoff
A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.
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"Hits The Right Chords": Unacademy CEO's Reply On Startup Failure Before Mass Layoffs
The company fired roughly 150 employees in sales and 100 employees in marketing, business, and product.
