Latest Jobs Cut HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Jobs Cut.
In a filing as of Februarynbsp, , Dell had approximately , employees. As per reports of...
Ericsson, a Swedish multinational networking and telecommunications company plans to cut , jobs ...
Unilever has announced initiative to expedite its Growth Action Plan GAP by splitting its Ice Crea...
The flag carrier airline of India, Tata Group, Air India has terminated employment for over 180 non-flying employees. CNBC reported Air India’s statement, “As part of the fitment process, employees in non-flying functions have been assigned roles based on organisational needs and individual merit.” “A comprehensive process has been followed to assess the suitability of […]
An international energy company, Shell intends to trim its Deals Team workforce by at least 20% as part of ongoing efforts to streamline its business operations and lower expenses through restructuring. There are no official announcements regarding layoffs on the company’s end. However, according to Bloomberg, The spokesperson said, “Shell aims to create more value […]
As the contract between Cognizant and Google came to an end, YouTube Music employees who were subcontracted through Cognizant faced layoffs. The workers had been asking for better pay and benefits for a year. Jack Benedict, a YouTube data analyst video was shared on the social media platform X highlighting the issue. The video headline […]
The popular Dating App Bumble to sack employees as the company intends to reduce its global workforce by approximately 350 roles to better align its operating model with future strategic priorities and to drive stronger operating leverage. The popular Dating App Bumble expects to incur approximately $20 million to $25 million of non-recurring charges, consisting […]
PlayStation maker Sony Interactive Entertainment will lay off overall headcount globally by 8% or about 900 people, subject to local law and consultation processes. The employees across the globe, including the studios are impacted. Jim Ryan, President & CEO, Sony Interactive Entertainment, said, “Through discussions over the past few months about the evolving economic landscape, […]
Expedia, the online travel platform, would be reducing its global workforce by approximately 1,500 employees, which constitutes about 9% of its total staff. This decision is part of the company’s efforts to undergo an “organizational and technological transformation.” An Expedia Group spokesperson said, “This year we will be reviewing our operations which we expect will […]
After two years of massive layoffs in IT and Tech companies, job cuts yet continue and are expected to carry on further in 2024. In the dynamic world of technology, where innovation is constant and rapid, businesses are continuously adapting to stay competitive. Unfortunately, this adaptability often comes at the expense of job stability. As […]
According to the reports of the ET, An Indian low-cost airline, SpiceJet will sack nearly 1400 employees to save costs. However, according to company statements, “There aren’t any funding delays and we are progressing well with our fund infusion and have already made our public announcements accordingly,” the spokesperson said. “We will be making additional […]
An AI-based writing assistant, Grammarly to layoff nearly 230 employees as a part of Restructure Business to Align With Company Strategy and Accelerate Growth. Grammarly has spent the last 15 years building and improving AI-powered writing assistance for millions worldwide. Over the past five years, the company team has grown from 200 to 1,000 team members […]
An American multimedia instant messaging app, Snap said that the company will sack 10% of its global workforce which is nearly 500 employees. Snap had some 5,367 full-time employees as of October 2023. In August 2022, The company laid off 20% of its employees. As per the reports of the CNN Snap spokesperson said, “The cuts were done […]
One of the world’s leading financial services providers, Deutsche Bank plans to reduce approximately 3,500 jobs, mainly in non-client-facing areas. The layoffs are nearly under 4% of its global workforce of about 90,000. The bank has set a goal for a quarterly run-rate of adjusted costs of € 5 billion and aims to operate with total […]
An American multinational financial technology company, PayPal has announced to sack 9% of its workforce, eliminating 2,500 jobs from its global offices. These job cuts will be carried out throughout the year with existing roles and job listings that Fintech major had planned to hire this year. The affected employees will receive a notice by […]
