Layoff News

22 Mar 2025

Boeing

Boeing axes 180 jobs in India amid global restructuring

In a major development, Boeing has decided to lay off up to 180 employees at its India Engineering & Technology Center (BIETC) in Bengaluru.

Ben & Jerry's claims Unilever removed CEO over political activism

Dave Stever, the CEO of Ben & Jerry's, has been ousted from his position by parent company Unilever.

19 Mar 2025

Pentagon

Why Pentagon wants to lay off 60,000 civilian employees

The US Department of Defense (DoD) is set to make deep job cuts, with plans to reduce its workforce by 50,000-60,000 civilian positions.

19 Mar 2025

Morgan Stanley

Morgan Stanley to lay off 2,000 employees to reduce costs

Morgan Stanley, one of the biggest names on Wall Street, is reportedly looking to lay off as many as 2,000 employees later this month.

18 Mar 2025

Audi

Audi to layoff 7,500 employees as Chinese EVs pose competition

Premium car maker Audi has announced plans to cut 7,500 jobs in Germany by 2029.

17 Mar 2025

White House

Trump orders layoffs at Voice of America, other media outlets

The Trump administration has started major layoffs at the Voice of America (VOA) and other US-backed media outlets.

07 Mar 2025

Elon Musk

Musk says he's not responsible for mass federal firings

Elon Musk has reportedly distanced himself from the recent mass firings of federal workers, during private discussions with Republican lawmakers.

06 Mar 2025

Jio

JioStar to lay off 1,100 employees after Reliance-Disney merger

JioStar, the newly formed joint venture of Reliance Industries Ltd's Viacom18 and The Walt Disney Company's India unit, will lay off over 1,100 employees.

06 Mar 2025

Business

DHL to cut 8,000 jobs amid profit decline

DHL has announced plans to lay-off around 8,000 employees this year.

05 Mar 2025

Walt Disney Studios

Disney laying off 6% workforce because of falling TV viewership

Disney is planning to lay off nearly 6% of its workforce across two of its divisions, ABC News Group and Disney Entertainment Networks.

04 Mar 2025

Mercedes-Benz

Mercedes-Benz to layoff employees and reduce salary hikes

Mercedes-Benz has struck a deal with its works council to implement cost-cutting measures, including job buyouts and halving planned salary increases.

03 Mar 2025

Business

Microchip Technology to lay off 2,000 employees

Microchip Technology has announced plans to cut its workforce by about 2,000 employees, nearly 9% of its total staff.

03 Mar 2025

Ola Electric

Ola Electric is firing over 1,000 employees to curb losses

Ola Electric is laying off over 1,000 employees and contract workers, as per Bloomberg. The move comes as the company attempts to curb its growing losses.

02 Mar 2025

US Government

Mark Cuban offers support to laid-off US government tech workers

Billionaire investor Mark Cuban has joined the conversation surrounding a recent reshuffle of the US government's tech department, extending his support to the recently dismissed federal employees.

28 Feb 2025

Meta

Meta fires around 20 employees for leaking confidential company information

Meta, the tech giant led by Mark Zuckerberg, has fired around 20 employees for leaking confidential company information.

27 Feb 2025

Google

Google lays off employees in cloud division

Google has confirmed a reduction in its cloud division workforce, affecting less than 100 employees mostly working in sales operations.

24 Feb 2025

Starbucks

Why Starbucks is laying off 1,100 corporate employees

Starbucks, the global coffee chain giant, has announced plans to lay off 1,100 of its corporate employees.

AI effect: Banking giant DBS to lay off 10% workforce

DBS Group, a leading global banking corporation, wants to cut its workforce by 10% or 4,000 employees over the next three years.

19 Feb 2025

Donald Trump

National Science Foundation fires 10% of workforce on Trump's order

The US National Science Foundation (NSF) has laid off nearly 10% of its workforce. The layoffs were announced on Tuesday, with 168 employees being let go.

18 Feb 2025

Meta

Terminated Meta employees allege layoffs were not based on performance

Meta, the parent company of Facebook and Instagram, is facing the ire of its employees over a string of layoffs. The tech giant announced plans to fire over 3,000 workers.

13 Feb 2025

Blue Origin

Jeff Bezos's Blue Origin to lay off hundreds of employees

Blue Origin, Jeff Bezos's space exploration company, is said to be gearing up for a major job cut.

11 Feb 2025

Mark Zuckerberg

Meta initiates mass layoff, nearly 3,700 employees to be affected

Meta has kicked off a major redundancy process today, one that is likely to affect around 5% of its global workforce.

09 Feb 2025

Boeing

Boeing laying off 400 employees from SLS Moon rocket program

US aerospace giant Boeing has announced plans to lay off around 400 employees from its Space Launch System (SLS) Moon rocket program.

08 Feb 2025

Meta

Meta to start laying off employees worldwide from Monday

Meta Platforms, the parent company of Facebook, will embark on a global layoff drive starting this Monday.

Sprinklr lays off 500 employees due to weak business performance

US-based customer experience management platform provider Sprinklr has confirmed that it has laid off nearly 15% of its workforce.

04 Feb 2025

Business

Salesforce to lay off 1,000 employees amid AI product expansion

Salesforce, a leading customer relationship management software provider, is planning to lay off over 1,000 employees.

03 Feb 2025

Business

Swiss banking giant Julius Baer to lay-off nearly 400 employees

Swiss banking giant Julius Baer has announced plans to cut its workforce by around 5%. The layoff is as part of a cost-saving strategy launched by the new CEO, Stefan Bollinger.

03 Feb 2025

Porsche

Porsche considers terminating CFO, sales chief contracts amid poor sales

German luxury car maker, Porsche, is considering firing its Chief Financial Officer Lutz Meschke and Sales Executive Detlev von Platen.

28 Jan 2025

Ubisoft

Gaming giant Ubisoft closes UK studio, lays off 185 employees

Ubisoft has announced plans to shut down its Leamington studio in the UK and lay off around 185 employees.

23 Jan 2025

Business

CNN, NBC to lay off employees amid digital shift

Cable News Network (CNN) will lay off hundreds of its employees today, CNBC reported.

16 Jan 2025

Business

Oil giant British Petroleum to lay off 4,700 employees

Oil giant British Petroleum (BP) has announced plans to cut thousands of jobs as part of a major cost-cutting effort.

15 Jan 2025

Business

Google-backed unicorn ShareChat to lay off 5% of workforce

Indian social media platform ShareChat, which is backed by Google and Temasek, is preparing to lay off about 5% of its workforce, as per Moneycontrol.

15 Jan 2025

Mark Zuckerberg

Meta to fire 3,600 'low-performing' employees in latest layoff round

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, is preparing to fire around 3,600 employees flagged as underperformers.

Global banks may cut 200,000 jobs as AI takes over

Global banks are expected to cut up to 200,000 jobs in the next three to five years as artificial intelligence (AI) continues to seep into the work done by humans.

08 Jan 2025

Microsoft

Microsoft to lay off underperforming employees in workforce restructuring move

Microsoft is planning to lay off a bunch of its underperforming employees, according to Business Insider.

08 Jan 2025

Jeff Bezos

Why Bezos-owned Washington Post is axing 4% of its workforce

The Washington Post, a leading US newspaper owned by Amazon founder Jeff Bezos, has announced plans to lay off nearly 100 workers or 4% of its staff.

BSNL may lay off around 19,000 employees via VRS

The Department of Telecommunications (DoT) is planning to propose a second voluntary retirement scheme (VRS) for Bharat Sanchar Nigam Limited (BSNL).

Stellantis reverses plan to lay off 1,100 employees in US

Italian automaker Stellantis has reversed its decision to lay off around 1,100 employees at an Ohio-based Jeep plant.

20 Dec 2024

Google

Google cuts 10% of management roles in latest layoff round 

As part of an ongoing efficiency drive, Google has slashed its top management roles by 10%, CEO Sundar Pichai revealed in a company-wide meeting on Wednesday, according to Business Insider.

10 Dec 2024

Startups

YesMadam denies firing stressed employees, calls it awareness campaign

Noida-based beauty services start-up YesMadam has denied allegations of firing employees over work-related stress.

10 Dec 2024

Boeing

Boeing lays off hundreds of employees, resumes 737 MAX production

Aerospace giant Boeing has confirmed that it has laid off nearly 900 employees across Washington and California.

26 Nov 2024

ThyssenKrupp

Beleaguered German steel giant Thyssenkrupp to slash 11,000 jobs

Germany's largest steelmaker, Thyssenkrupp Steel Europe (TKSE), has announced a major cut in its workforce by 2030.

21 Nov 2024

Ola Electric

Ola Electric to lay off 500 employees in restructuring move

Ola Electric is preparing to lay off over 500 employees across different roles as part of a restructuring plan, according to Moneycontrol.

20 Nov 2024

Ford

Ford to cut 4,000 jobs in Europe by 2027

US automaker Ford has announced plans to cut its workforce by 4,000 in Europe by the end of 2027.

US heading toward 'millions' of government job cuts: Vivek Ramaswamy

Entrepreneur-turned-politician Vivek Ramaswamy has hinted at a drastic cut to federal government jobs in the United States.

16 Nov 2024

General Motors

General Motors fires 1,000 employees amid cost-cutting and reorganization

General Motors (GM), one of the world's largest automakers, has laid off around 1,000 employees as part of its cost-cutting and restructuring strategy.

14 Nov 2024

Boeing

Boeing begins process to cut 17,000 jobs

Boeing will begin sending layoff notices this week as part of its plan to cut around 17,000 jobs or nearly 10% of its global workforce.

14 Nov 2024

Business

Siemens to cut around 5,000 jobs in factory automation division

Siemens is planning to layoff up to 5,000 workers in its factory automation division.

14 Nov 2024

AMD

AMD to lay off 1,000 employees amid AI-focused business realignment

Advanced Micro Devices (AMD), one of the world's top chipmakers, has announced plans to cut its workforce by some 4%.

14 Nov 2024

Amazon

Amazon discontinues 4-year-long project to develop fertility tracker

Amazon has killed a secret project to build a home-based fertility tracker, according to CNBC.

CNN to fire hundreds of employees as ratings tank: Report

After suffering a major ratings drop during the recent Presidential Election Day coverage in the US, CNN is gearing up for major layoffs, as per Puck News.

Prev
Next