Layoff News

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.

12 Nov 2024

Business

DNA-testing site 23andMe is slashing its workforce by 40%

23andMe, a leading name in the genetic testing business, has revealed plans to lay off some 200 employees, or nearly 40% of its entire workforce.

AI may displace 3M jobs, warns Tony Blair's think tank

Artificial Intelligence (AI) could disrupt between one and three million private sector jobs in the UK, a report by ex-UK Prime Minister Tony Blair's think tank has found.

08 Nov 2024

X

Zoho founder criticizes rival Freshworks for layoffs despite being profitable

Indian billionaire and Zoho founder Sridhar Vembu has slammed Freshworks for laying off employees.

08 Nov 2024

Boeing

Boeing repays furloughed workers and presses on with job cuts

Boeing's CEO Kelly Ortberg has confirmed that the company will pay its furloughed workers for their lost wages during a recent seven-week strike.

Billionaire Nikhil Kamath-backed 1% Club lays off 15% workforce

Nikhil Kamath-backed personal finance platform, 1% Club, has announced that it is laying off 15% of its workforce.

07 Nov 2024

Business

Freshworks to lay off 660 employees amid cost-cutting measures

Freshworks, a Nasdaq-listed software-as-a-service (SaaS) company, is set to cut 13% of its workforce. The decision will lead to the loss of around 660 jobs.

07 Nov 2024

Business

Roomba-maker iRobot axes 16% staff in yet another layoff round

iRobot, the company behind the popular Roomba vacuum cleaners, has announced a major cut in its workforce.

06 Nov 2024

Amazon

Amazon CEO says 5-day-office mandate not a disguise for layoffs

Amazon's CEO Andy Jassy has denied claims that the new 5-day office mandate is a "backdoor layoff."

06 Nov 2024

Business

Mozilla Foundation lays off 30% staff, dismisses advocacy division

The Mozilla Foundation, the non-profit organization behind the Firefox browser, has announced a major layoff.

31 Oct 2024

Business

Dropbox lays off 20% of workforce amid slowing business growth

Dropbox, the popular cloud storage company, has announced a 20% cut in its workforce.

28 Oct 2024

Volkswagen

Volkswagen shutting 3 German factories, laying off thousands of employees

Volkswagen, Europe's largest carmaker, is planning a major restructuring involving the closure of at least three factories in Germany, and layoffs of tens of thousands of employees.

US: EY fires employees for attending 2 training sessions simultaneously

EY, one of the top accounting and auditing firms, has fired a number of US employees for attending two online training sessions at the same time.

21 Oct 2024

PhonePe

AI impact: PhonePe has fired 60% of customer support agents

PhonePe, one of India's leading fintech firms, has slashed its customer support team by 60% in the last five years.

20 Oct 2024

Boeing

Boeing proposes 35% pay hike, $7,000 bonus to end strike

Boeing has offered a tentative deal to its striking workers in the Seattle area, hoping to end the strike that has continued for over a month.

18 Oct 2024

California

Intel lays off over 2,000 employees in the US

California-based global chip giant Intel has announced plans to lay off over 2,000 employees across multiple US states.

17 Oct 2024

Business

Nokia lays off 2,350 employees, China team worst hit

Telecommunications giant Nokia has confirmed the termination of nearly 2,000 jobs in Greater China as part of its ongoing cost-reduction strategy.

17 Oct 2024

Instagram

Meta implements fifth round of layoffs in 2 years

In a fresh wave of layoffs, Meta, the parent company of popular social media platforms like WhatsApp and Instagram, has started cutting jobs across departments.

16 Oct 2024

Airbus

Airbus to slash 2,500 jobs in defense and space division

European aviation giant Airbus is gearing up to cut as many as 2,500 jobs from its defense and space unit.

12 Oct 2024

Boeing

Boeing to lay off 17,000 employees globally amid strike

US-based aerospace giant Boeing has announced plans to lay off 17,000 employees, and delay the delivery of its 777X jets by a year.

11 Oct 2024

TikTok

TikTok lays off hundreds of employees globally amid AI pivot

Popular social media platform TikTok, owned by China's ByteDance, has announced a major cut in its global workforce.

Tech firms, start-ups resume hiring after months of mass layoffs

After a hiring freeze of 12-18 months, Indian technology companies and start-ups are back on the lookout for talent.

27 Sep 2024

Dell

Dell wants global sales team in-office 5 days a week

Dell Technologies has announced a major change in its work policy for the global sales team.

24 Sep 2024

Business

Dulux paint maker AkzoNobel to slash 2,000 jobs worldwide

AkzoNobel, the Dutch company behind Dulux paint, has announced plans to eliminate approximately 2,000 jobs worldwide.

22 Sep 2024

General Motors

GM to lay off nearly 1,700 workers in the US

General Motors (GM) has announced plans to lay off approximately 1,695 employees at its Fairfax Assembly plant in Kansas, US.

12 Sep 2024

Microsoft

Microsoft lays off 650 more employees in Xbox gaming unit

Microsoft has announced the termination of approximately 650 positions within its gaming division, Xbox.

12 Sep 2024

Workplace

Laid-off Deloitte employee says ₹76L salary wasn't worth the pressure

Cierra Desmaratti (24), a former actuarial analyst at Deloitte's Chicago office, has expressed relief over her termination from the company.

11 Sep 2024

Samsung Electronics

Samsung to layoff up to 30% workforce in some divisions

Samsung Electronics is reportedly planning a significant reduction of its global workforce across various sectors.

11 Sep 2024

Microsoft

Ex-Sony boss says laid-off game developers should 'drive an Uber'

Chris Deering, the former President of Sony's Computer Entertainment division in Europe, has offered unconventional advice to game developers recently laid off by the company.

11 Sep 2024

Samsung

Samsung India to lay off over 200 executives

Samsung Electronics is preparing to lay off more than 200 executives in India, according to the Economic Times.

05 Sep 2024

Apple

Over 27,000 tech jobs slashed in August

The technology sector has witnessed a significant reduction in workforce with over 27,000 job cuts announced in August 2024.

28 Aug 2024

Apple

Apple lays off 100 employees in digital services division

Apple has made a significant move by laying off approximately 100 employees from its services group.

21 Aug 2024

Intel

Over 1.3L tech employees laid off in 2024

The technology industry is experiencing a significant surge in layoffs this year, with over 1.32 lakh job cuts reported across 404 companies.

20 Aug 2024

GoPro

GoPro lays off 15% of its workforce amid restructuring efforts

GoPro, the renowned action camera manufacturer, has announced plans to reduce its workforce by approximately 15% this year. It will impact around 139 jobs.

10 Aug 2024

Intel

Intel stumbles: Layoffs, lawsuits, market share loss delay upcoming event

Intel is currently grappling with a series of setbacks.

10 Aug 2024

Android

Can Nova Launcher survive with just one developer?

Nova Launcher, a widely recognized Android home screen replacement app, has experienced substantial layoffs within its development team.

10 Aug 2024

Cisco

Cisco plans thousands more layoffs in second cut this year

Cisco Systems, the renowned US-based networking equipment manufacturer, is preparing for a significant workforce reduction, according to Reuters.

09 Aug 2024

Paramount Pictures

Paramount to lay off 15% of its US workforce

Paramount Global, a leading entertainment conglomerate, has announced plans to reduce its US workforce by approximately 15%.

06 Aug 2024

Dell

Dell fires 12,500 employees amid shift to AI-focused business model

Dell has conducted a fresh round of layoffs as part of its shift toward AI products and services.

03 Aug 2024

Startups

ShareChat raises $16 million while axing 5% of its workforce

ShareChat, a social media platform backed by Google and Temasek, has secured $16 million in funding while simultaneously reducing its workforce by approximately 5%.

02 Aug 2024

Intel

Intel cuts 15,000 jobs in biggest layoff round in decades

Intel, the leading Silicon Valley chip manufacturer, has announced plans to eliminate over 15,000 jobs.

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