Tech Layoffs
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Citigroup To Cut 3,500 Tech Jobs In China Amid Global Restructuring
Citigroup is set to cut 3,500 tech jobs in China as part of a global effort to streamline operations and reduce costs, focusing on enhancing risk management and data governance.
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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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'Necessary For Success': Microsoft Cuts Hundreds More Jobs After Firing 6,000
More than 300 employees were told their positions had been eliminated on Monday, according to a Washington state notice reviewed by Bloomberg.
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Microsoft Layoffs Fuel Debate On Job Security And Salary In Tech Versus Government Jobs
The woman shared her cousin's brother's job loss, highlighting the instability of tech careers and the perceived security of government jobs.
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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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Microsoft to Lay Off Around Three Percent of Workforce in Organisation-Wide Cuts
Microsoft said on Tuesday it was laying off less than three percent of its workforce, or around 6,000 employees. The cuts will be across all levels and geographies and are likely the largest since Microsoft laid off 10,000 employees in 2023.
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Microsoft To Lay Off 6,000 Workers Globally In Cost-Cutting Move
Microsoft on Tuesday said it was slashing unnecessary layers of management and seizing the benefits of new technology as reports said the tech behemoth was laying off thousands of workers.
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Japan's Panasonic To Cut 10,000 Jobs: Reasons For Layoffs And What's Next For The Tech Giant
Panasonic layoffs: Of the 10,000 employees slated to lose their jobs, half will be workers in Japan.
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Bengaluru CEO Helps 67 Of 70 Laid-Off Employees Find New Jobs, Earns Praise For "Considerate" Approach
The company ensured transparent communication by having personal conversations with each of the 70 affected employees to explain the reasoning behind the decision.
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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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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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Explained: What Is 'Googleyness', How It Led To Layoffs At The Tech Giant
Google has laid off 10 per cent of its managerial staff as part of an ongoing effort to improve efficiency and redefine its corporate culture, particularly the concept of 'Googleyness'.
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Meta Lays Off Employees Across Units, At WhatsApp And Instagram: Report
Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.
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TikTok Cuts Hundreds Of Jobs In Shift Towards AI Content Moderation
TikTok confirmed the layoffs and said that several hundred employees were expected to be impacted globally as part of a wider plan to improve its moderation operations.
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Tech CEO Claims He Trains His Managers To Fire Employees: ''Firing As Important As Hiring"
He asserted that firing employees is vital for maintaining a "happy and strong" team and that companies should formally train managers to develop this skill.
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Citigroup To Cut 3,500 Tech Jobs In China Amid Global Restructuring
Citigroup is set to cut 3,500 tech jobs in China as part of a global effort to streamline operations and reduce costs, focusing on enhancing risk management and data governance.
-
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.
-
'Necessary For Success': Microsoft Cuts Hundreds More Jobs After Firing 6,000
More than 300 employees were told their positions had been eliminated on Monday, according to a Washington state notice reviewed by Bloomberg.
-
Microsoft Layoffs Fuel Debate On Job Security And Salary In Tech Versus Government Jobs
The woman shared her cousin's brother's job loss, highlighting the instability of tech careers and the perceived security of government jobs.
-
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.
-
Microsoft to Lay Off Around Three Percent of Workforce in Organisation-Wide Cuts
Microsoft said on Tuesday it was laying off less than three percent of its workforce, or around 6,000 employees. The cuts will be across all levels and geographies and are likely the largest since Microsoft laid off 10,000 employees in 2023.
-
Microsoft To Lay Off 6,000 Workers Globally In Cost-Cutting Move
Microsoft on Tuesday said it was slashing unnecessary layers of management and seizing the benefits of new technology as reports said the tech behemoth was laying off thousands of workers.
-
Japan's Panasonic To Cut 10,000 Jobs: Reasons For Layoffs And What's Next For The Tech Giant
Panasonic layoffs: Of the 10,000 employees slated to lose their jobs, half will be workers in Japan.
-
Bengaluru CEO Helps 67 Of 70 Laid-Off Employees Find New Jobs, Earns Praise For "Considerate" Approach
The company ensured transparent communication by having personal conversations with each of the 70 affected employees to explain the reasoning behind the decision.
-
"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.
-
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.
-
Explained: What Is 'Googleyness', How It Led To Layoffs At The Tech Giant
Google has laid off 10 per cent of its managerial staff as part of an ongoing effort to improve efficiency and redefine its corporate culture, particularly the concept of 'Googleyness'.
-
Meta Lays Off Employees Across Units, At WhatsApp And Instagram: Report
Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.
-
TikTok Cuts Hundreds Of Jobs In Shift Towards AI Content Moderation
TikTok confirmed the layoffs and said that several hundred employees were expected to be impacted globally as part of a wider plan to improve its moderation operations.
-
Tech CEO Claims He Trains His Managers To Fire Employees: ''Firing As Important As Hiring"
He asserted that firing employees is vital for maintaining a "happy and strong" team and that companies should formally train managers to develop this skill.
