Articles for job cuts

Airbus To Cut 2,500 Jobs In Defence & Space Division

These cuts, which represent around 7% of the division's workforce, are expected to take place by mid-2026

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Meta Implements New Layoffs Across Key Teams

The layoffs are impacting teams across WhatsApp, Instagram, Threads and other divisions

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Netflix Shakes Up Gaming Division With Key Hires & Layoffs

The company appointed Alain Tascan as president & Jeet Shroff as VP of games tech division, and has laid off employees for cost-cutting

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TikTok Slashes Hundreds Of Jobs Globally

TikTok's spokesperson said the decision reflects their ongoing efforts to optimise their global operating model for content moderation

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Amazon To Cut 14,000 Managerial Roles By 2025

This restructuring plan is part of CEO Andy Jassy’s broader strategy to streamline operations and enhance efficiency across the company

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Samsung Plans Global Workforce Cuts

The layoffs are expected to impact around 10% of employees in Southeast Asia, Australia and New Zealand

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Volkswagen Might Cut Over 15,000 Jobs, Says CEO, Jefferies

The massive company with its headquarters in Wolfsburg has backtracked on its previous promise of job security, leaving many employees in fear of losing their employment in the near future

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Verizon To Let Go Almost 5,000 Employees

The company also revealed that it will set aside up to $1.9 billion in severance costs related to the layoffs

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PwC To Cut 1,800 Jobs, Largest Workforce Reduction Since 2009

This move affects about 2.5% of PwC’s U.S. workforce and 0.6 per cent globally, primarily targeting employees in the advisory, products, and technology divisions

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Microsoft Layoffs Continue, Xbox Division Hit

The move is part of Microsoft's efforts to reduce costs and streamline its $69 billion acquisition of Activision Blizzard

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