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Tag: layoffs

Business News / International News

HP to slash up to 6,000 jobs in big restructuring – latest tech company to pivot to AI

November 26, 2025November 27, 2025 - by admin - Leave a Comment

By Elisa HP said Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to …

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Business News / International News

GM lays off 1,700 in Michigan and Ohio amid slower EV demand

October 30, 2025October 30, 2025 - by admin - Leave a Comment

By Elisa General Motors is laying off about 1,700 workers across manufacturing sites in Michigan and Ohio, as the auto giant adjusts to slowing demand for electric vehicles. The Detroit News first …

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Business News / world news

Amazon to cut 30,000 corporate jobs – 9% of worldwide office workforce: report

October 28, 2025 - by admin - Leave a Comment

By Zilber Amazon will slash 30,000 corporate jobs starting Tuesday, according to a report — unleashing one of the US’s biggest job bloodbaths this century as the company aggressively revamps …

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Business News / Organisation / world news

Microsoft says slashing jobs and using AI helped it save $500M: report

July 10, 2025 - by admin - Leave a Comment

By Elisa Microsoft saved more than $500 million in its call centers alone last year by using artificial intelligence, Bloomberg News reported. The tech giant last week announced plans to lay …

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news / Techie news / Technology / world news

Amazon CEO Andy Jassy admits AI will ‘reduce’ corporate workforce

June 18, 2025June 18, 2025 - by admin - Leave a Comment

By Barrabi Amazon CEO Andy Jassy ominously warned that he expects the rise of generative artificial intelligence to “reduce” the company’s corporate workforce in the next few years. The Amazon …

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Business News / news / Organisation / Techie news / Technology

Google expands voluntary buyout offers, orders some remote workers to return to office amid AI race

June 13, 2025June 12, 2025 - by admin - Leave a Comment

By Barrabi Google is offering a fresh round of buyouts to some employees and cracking down on remote workers as it shifts more resources toward the artificial intelligence race, the …

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Business News / International News

Homework tool Chegg to slash 22% of workforce as AI bots steal away students

May 13, 2025 - by admin - Leave a Comment

By Herzlich Chegg announced plans to slash 22% of its workforce as artificial intelligence bots steal students away from its study and homework help tools. The online platform, which offers …

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Business News / news / Organisation / world news

Google cuts ‘hundreds’ of jobs in Android, Chrome division: report

April 12, 2025April 13, 2025 - by admin - Leave a Comment

By Barrabi Google parent Alphabet reportedly slashed hundreds of jobs in the division responsible for Android and its Chrome web browser as part of its latest restructuring. The layoffs hit …

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Auto mobile / International News / news / Organisation

General Motors laying off 200 employees in Detroit EV factory as it adjusts production

April 11, 2025 - by admin - Leave a Comment

By Elisa DETROIT – General Motors is laying off workers at its all-electric Factory Zero plant in Detroit where it is adjusting production “to align with market dynamics,” the company …

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Business News / news / Organisation / world news

Microsoft cracks down on low-performing workers, fires some without severance: report

February 1, 2025 - by admin - Leave a Comment

By Herzlich Microsoft has started firing its low-performance workers – some without severance – as the tech firm takes a more aggressive approach to its workforce, according to a report. …

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Business News / news / Organisation / Techie news / world news

Google CEO Sundar Pichai says search giant has slashed manager roles by 10% in efficiency drive

December 21, 2024December 22, 2024 - by admin - Leave a Comment

By Barrabi Google CEO Sundar Pichai reportedly said he has slashed a tenth of the search giant’s managerial roles since last year as part of a drive to become more …

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Business News / International News / world news

Disney slashes 300 jobs this week as CEO Bob Iger continues belt-tightening

September 27, 2024September 27, 2024 - by admin - Leave a Comment

By Steigrad Disney is reportedly eliminating 300 corporate jobs this week – the latest round in a broad cost-cutting initiative by Chief Executive Bob Iger. The job cuts – which …

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Business News / International News / news / Organisation / world news

Cisco axing thousands of jobs in second round of layoffs amid shift to AI: report

August 10, 2024August 11, 2024 - by admin - Leave a Comment

By Elisa Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, …

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Business News / International News / news / Organisation / world news

Paramount slashing thousands of jobs, writes down value of cable networks by $6B

August 9, 2024 - by admin - Leave a Comment

By Elisa Paramount Global wrote down the value of its cable networks by nearly $6 billion and announced it would cut 15% of jobs on Thursday, even as the company’s streaming business …

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Business News / International News / news / Organisation / Technology / world news

Intel cuts whopping 15K jobs, posts $1.6B loss just months after getting Biden funds

August 2, 2024 - by admin - Leave a Comment

By Elisa Chipmaker Intel Corp. is cutting 15% of its massive workforce – about 15,000 jobs – as it tries to turn its business around to compete with more successful …

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Business News / news / Organisation / Techie news / Technology / world news

Google lays off 200 workers, shifts jobs to Mexico and India in latest restructuring

May 1, 2024May 2, 2024 - by admin - Leave a Comment

By Barrabi Google fired approximately 200 employees and relocated some of the jobs overseas – the latest sign of a long-running effort by the Big Tech firm to cut costs …

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Business News / news / Organisation

Apple lays off 614 workers after ditching self-driving car project

April 7, 2024April 8, 2024 - by admin - Leave a Comment

By Thaler Apple is reportedly laying off 614 workers after cancelling its decade-long effort to build a self-driving electric car in its first round of job cuts since the pandemic. …

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Business News / International News / Organisation / world news

Paramount Global slashing 800 jobs amid takeover talks, record Super Bowl: report

February 14, 2024 - by admin - Leave a Comment

By Elisa Paramount Global is laying off about 800 employees or roughly 3% of its workforce, a person familiar with the matter said, as the media company looks to cut costs and …

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Business News / news / Organisation / world news

Citi to cut 20K jobs as bank posts worst fourth-quarter loss in 15 years

January 14, 2024 - by admin - Leave a Comment

By Thaler Citigroup plans to slash 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter earnings in 15 years Friday. CEO Jane Fraser – …

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Business News / International News / news / Organisation

Amazon axing several hundred jobs in Prime Video, Studios during heavy tech layoffs

January 11, 2024 - by admin - Leave a Comment

By Elisa Amazon will lay off several hundred employees in its streaming and studio operations, it said in an internal note on Wednesday as companies extend their massive job cuts over …

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Latest Business News

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Business News / world news

Larry Summers banned for life from prestigious economist club over Jeffrey Epstein scandal

December 2, 2025December 3, 2025 - by admin - Leave a Comment

By Franey A prestigious group for economic scholars banned disgraced ex-Treasury Secretary Lawrence Summers for life on Tuesday over his ties to the dead pedophile financier Jeffrey Epstein. The American …

Amazon warns customers of holidays cyberattacks as FBI sees $300M in thefts: ‘Account takeover fraud’

November 27, 2025November 27, 2025

HP to slash up to 6,000 jobs in big restructuring – latest tech company to pivot to AI

November 26, 2025November 27, 2025

Starbucks barista strike expands nationwide days after NYC Mayor-elect Zohran Mamdani’s boycott call

November 22, 2025November 22, 2025

Disneyland slashes ticket prices by 50% for lucky few – but there’s a catch

November 20, 2025November 20, 2025

Ousted Verizon boss could still pocket most of $20M salary as company cuts 15,000 jobs: report

November 15, 2025November 16, 2025

Comcast CEO Brian Roberts travels to Saudi Arabia as he explores bid for Warner Bros. Discovery

November 13, 2025November 13, 2025

Apple reportedly pulls plug on iPhone Air 2 after weak sales of debut model

November 12, 2025November 12, 2025

Tech billionaires back startup probing gene-edited ‘designer babies’ despite US ban: report

November 10, 2025November 10, 2025

Disney unveils massive transformation at Animal Kingdom with new Zootopia show

November 6, 2025November 6, 2025

Zohran Mamdani taps Big Tech antagonist Lina Khan as co-chair of mayoral transition team

November 5, 2025November 6, 2025

Kimberly-Clark buys Tylenol maker Kenvue in a cash and stock deal for $48.7 billion

November 4, 2025November 4, 2025

OpenAI strikes 7-year, $38B cloud computing deal with Amazon Web Services

November 3, 2025November 4, 2025

Mark Zuckerberg drops in billionaire ranks after losing $29B in single day as Meta stock tanks

November 1, 2025

Apple sales top $100B despite missing iPhone forecasts

October 31, 2025October 31, 2025

GM lays off 1,700 in Michigan and Ohio amid slower EV demand

October 30, 2025October 30, 2025

Amazon to cut 30,000 corporate jobs – 9% of worldwide office workforce: report

October 28, 2025

Workers reject Boeing’s latest offer after nearly 3 months on strike

October 27, 2025October 27, 2025

JPMorgan tries to get off hook for $115M in legal bills for cons who scammed them out of $175M

October 26, 2025October 26, 2025

ESPN, ABC risk going dark on YouTube TV as Disney contract fight heats up

October 24, 2025October 25, 2025

Latest Political News

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International News / news / Organisation / Political News / world news

Israeli negotiators head to Doha to try to seal Hamas hostage, cease-fire deal

January 12, 2025 - by admin - Leave a Comment

By Bardolf Israeli Prime Minister Benjamin Netanyahu dispatched a high-level delegation to Doha Saturday to help seal a hostage-and-cease-fire deal with Hamas, following recent progress in the talks and a …

Canadian Prime Minister Justin Trudeau expected to announce resignation after mounting calls for him to step down: report

January 6, 2025

South Korea investigators request arrest warrant for Yoon over martial law

December 30, 2024

Ukrainian leader Volodymyr Zelensky thanks ‘resolute’ Trump after meeting

December 8, 2024

Islamabad locked down ahead of protests seeking ex-PM Imran Khan’s release

November 25, 2024

Elon Musk’s SpaceX sues California agency, alleges political bias over rocket launches

October 16, 2024October 18, 2024

Elon Musk takes over ‘America’ handle on X to promote pro-Trump PAC: report

October 8, 2024October 7, 2024

Trump Media stock climbs more than 7% after poll shows ex-president beating Harris

September 10, 2024

Video game billionaire Mark Pincus calls for Biden to bow out as Dem donor support dwindles

July 13, 2024July 14, 2024

Democrats debate whether to attend Netanyahu’s congressional address amid Gaza war criticism

June 23, 2024June 24, 2024

U.S.-China relationship is on ‘more stable footing,’ Treasury Secretary Yellen claims during meeting with Premier

April 8, 2024

Israeli Prime Minister Benjamin Netanyahu to undergo hernia surgery

April 1, 2024

Canadian police warn of revolt amid rising prices, paranoia as millennials ‘unlikely’ to ever buy a home

March 29, 2024March 31, 2024

Putin gave Kim Jong Un a Russian-made car in a show of their special ties: North Korea

February 21, 2024

Belarus leader says Russian nuclear weapons shipments are completed, raising concern in the region

December 26, 2023

West African nations unite to threaten Niger’s new leaders with force if coup isn’t reversed

July 31, 2023

Trump’s $475 million ‘big lie’ defamation lawsuit against CNN dismissed

July 30, 2023July 31, 2023

Ukraine has reclaimed more than half of territory seized by Russia: US

July 24, 2023

Russia continues firing generals amid ‘purge’ by defense ministry

July 16, 2023

Blinken kicks off meetings in Beijing on high-stakes mission to cool soaring US-China tensions

June 18, 2023June 18, 2023

Automobile

Toyota to recall over 126K vehicles in US over engine stall risk

November 14, 2025November 14, 2025

Waymo robotaxis probed after reports of failing to stop for school buses

October 21, 2025October 21, 2025

Jeep, Ram owner Stellantis unveils $13B investment in US manufacturing as Trump pushes reshoring agenda

October 15, 2025October 16, 2025

Ferrari shares drop on weak forecast ahead of electric car launch

October 10, 2025

Toyota recalls nearly 394K vehicles over rearview camera issue

October 8, 2025October 9, 2025

Kia recalls more than 39K vehicles over faulty HVAC system that can cause fires

October 1, 2025

Volvo Cars to produce new vehicle in US as tariffs pressure auto supply chains

September 24, 2025September 24, 2025

Ford to move world headquarters for first time in nearly 70 years

September 22, 2025September 23, 2025

Rivian recalls 24K US electric vehicles over driver assistance glitch that can increase crash risk

September 13, 2025September 13, 2025

Ford recalls nearly 2M vehicles over faulty rearview camera that can increase risk of crash

September 9, 2025September 9, 2025

Donald Trump slashes tariffs on Japanese cars after striking trade deal with Tokyo

September 6, 2025September 6, 2025

Ford recalls 355K trucks over faulty instrument panel that could increase risk of crash

August 28, 2025August 28, 2025

Tesla jacks up Cybertruck price by $15K – despite dismal sales and recalls

August 23, 2025August 23, 2025

US regulators probe over 137,000 Kia vehicles after complaints of ineffective recall remedy

August 11, 2025August 11, 2025

Tesla sales sink in UK, Germany as Europeans warm to Chinese rival BYD

August 6, 2025August 6, 2025

Ford recalls 312K vehicles over loss of brake power that can increase crash risk

August 2, 2025August 3, 2025

Jeep and Chrysler maker Stellantis says Trump tariffs cost company $350M in first half of 2025

July 24, 2025July 22, 2025

China EV brands Zeekr, Neta inflated car sales with insurance scheme

July 20, 2025July 20, 2025

Ford recalls 850K vehicles over fuel pump failure that could cause engine stall

July 11, 2025July 11, 2025

Ford recalls nearly 200K vehicles over risk of children getting trapped in back seat

June 20, 2025

POLITICAL

Israeli negotiators head to Doha to try to seal Hamas hostage, cease-fire deal

January 12, 2025

Canadian Prime Minister Justin Trudeau expected to announce resignation after mounting calls for him to step down: report

January 6, 2025

South Korea investigators request arrest warrant for Yoon over martial law

December 30, 2024

Ukrainian leader Volodymyr Zelensky thanks ‘resolute’ Trump after meeting

December 8, 2024

Islamabad locked down ahead of protests seeking ex-PM Imran Khan’s release

November 25, 2024

Elon Musk’s SpaceX sues California agency, alleges political bias over rocket launches

October 16, 2024October 18, 2024

Elon Musk takes over ‘America’ handle on X to promote pro-Trump PAC: report

October 8, 2024October 7, 2024

Trump Media stock climbs more than 7% after poll shows ex-president beating Harris

September 10, 2024

Video game billionaire Mark Pincus calls for Biden to bow out as Dem donor support dwindles

July 13, 2024July 14, 2024

Democrats debate whether to attend Netanyahu’s congressional address amid Gaza war criticism

June 23, 2024June 24, 2024

U.S.-China relationship is on ‘more stable footing,’ Treasury Secretary Yellen claims during meeting with Premier

April 8, 2024

Israeli Prime Minister Benjamin Netanyahu to undergo hernia surgery

April 1, 2024

Canadian police warn of revolt amid rising prices, paranoia as millennials ‘unlikely’ to ever buy a home

March 29, 2024March 31, 2024

Putin gave Kim Jong Un a Russian-made car in a show of their special ties: North Korea

February 21, 2024

Belarus leader says Russian nuclear weapons shipments are completed, raising concern in the region

December 26, 2023

West African nations unite to threaten Niger’s new leaders with force if coup isn’t reversed

July 31, 2023

Trump’s $475 million ‘big lie’ defamation lawsuit against CNN dismissed

July 30, 2023July 31, 2023

Ukraine has reclaimed more than half of territory seized by Russia: US

July 24, 2023

Russia continues firing generals amid ‘purge’ by defense ministry

July 16, 2023

Blinken kicks off meetings in Beijing on high-stakes mission to cool soaring US-China tensions

June 18, 2023June 18, 2023

ORGANIZATION

Ousted Verizon boss could still pocket most of $20M salary as company cuts 15,000 jobs: report

November 15, 2025November 16, 2025

Apple reportedly pulls plug on iPhone Air 2 after weak sales of debut model

November 12, 2025November 12, 2025

Disney unveils massive transformation at Animal Kingdom with new Zootopia show

November 6, 2025November 6, 2025

Apple sales top $100B despite missing iPhone forecasts

October 31, 2025October 31, 2025

Workers reject Boeing’s latest offer after nearly 3 months on strike

October 27, 2025October 27, 2025

ESPN, ABC risk going dark on YouTube TV as Disney contract fight heats up

October 24, 2025October 25, 2025

Coca-Cola recalls 3 popular sodas over concerns of foreign material contamination

October 23, 2025October 25, 2025

Moneda Capital Group under investigation – Financial Conduct Authority | FCA

October 15, 2025October 20, 2025

Disney hikes theme park ticket prices across the board – as passes double to over $200 in past decade

October 9, 2025October 9, 2025

Air India’s midair emergency sparks new alarm over Boeing 787 Dreamliner’s safety

October 6, 2025October 7, 2025

TikTok pushes porn and sexual content to 13-year-olds’ accounts, disturbing report claims

October 4, 2025October 5, 2025

ChatGPT owner OpenAI hits $500B valuation after massive sale of shares

October 3, 2025October 3, 2025

UN sets arms embargo, other sanctions again on Iran over nuclear program

September 29, 2025September 29, 2025

Victoria’s Secret vows to be sexy again after distancing itself from sultry ‘Angels’

September 20, 2025

Feds demand 12 years in prison for Charlie Javice, who defrauded JPMorgan Chase out of $175M

September 17, 2025September 17, 2025

Apple reveals next generation of iPhone 17s, including super-thin ‘iPhone Air’ at keynote event

September 11, 2025September 10, 2025

Elon Musk, X settle $500M lawsuit by fired Twitter workers

August 22, 2025August 22, 2025

EU push to protect digital rules holds up trade statement with US, FT reports

August 17, 2025August 17, 2025

Ex-Goldman banker blew $4 million of investor cash on internet gambling, crypto: feds

August 15, 2025August 15, 2025

Kellogg’s becomes first company to sign legally binding agreement removing toxic dyes from cereals

August 14, 2025August 14, 2025

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