Articles for Layoffs

Pixar Axes 14% Workforce

The reduction will affect approximately 175 employees

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Telstra To Lay Off 2,800 Employees

This move aims to streamline operations, reduce costs (around US$230 million in savings), and better handle inflation

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Toshiba To Cut 4,000 Jobs

The plan involves cutting domestic jobs and relocating office functions from central Tokyo to Kawasaki

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Freixenet To Cut 80% Workforce

The move has been taken due to a drought in Catalonia's Penedes area

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Whirlpool To Trim 1,000 Positions Globally

The move has been taken to achieve cost savings of up to $400 million this year through the workforce reduction programme

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Tesla To Cut 6,000+ Jobs In Texas, California

The announcement preceded Tesla's Q1 earnings report, which fell below Wall Street expectations with a 55% decrease in net income

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UBS To Initiate Layoffs In Five Waves

The layoffs will start from June and are a part of the company’s efforts to streamline operations and cut costs following its acquisition of Credit Suisse

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Protest Fallout: Google Fires Over 20 More Employees

The protests were against Google's involvement in the $1.2 billion cloud computing project with the Israeli government, known as Project Nimbus

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