Many of John Deere's recent layoffs have focused on the production and precision agriculture areas
Read MoreThe decision comes as a part of efforts to control operating costs ahead of its initial public offering (IPO)
Read MoreThis shift, while reducing carbon emissions by 5 million tonnes annually, also necessitates a smaller workforce
Read MoreThe job cuts come in the wake of a significant financial downturn, with the company reporting a €4.6 billion ($4.9 billion) loss in 2023
Read MoreThis move is part of the company's efforts to streamline operations and achieve financial sustainability
Read MoreTo address mounting losses, Paytm aims to save Rs 400-500 crore through an employee cost reduction plan, potentially affecting 5,000-6,300 employees
Read MoreThis move aims to streamline operations, reduce costs (around US$230 million in savings), and better handle inflation
Read MoreThe plan involves cutting domestic jobs and relocating office functions from central Tokyo to Kawasaki
Read MoreBakshi, who assumed the role in January to oversee the company's day-to-day operations, has stepped down after only four months
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