Tag: Jobs Cut
Amazon has begun layoffs in its Music division
According to Reuters, Amazon has begun cutting jobs in its Music division, the company said on Wednesday, confirming the latest of several rounds of...
Citigroup plans to lay off 10% of its workforce
An American multinational investment bank and financial services corporation, Citigroup has planned to lay off 10% of its workforce.
According to the reports of CNBC,...
Electrolux is expected to layoff 3,000 positions
Electrolux Group is expected to layoff approximately 3,000 positions, resulting in a restructuring charge in the fourth quarter of 2023 of SEK 2-2.5bn, which...
Volkswagen plans to sack 2,000 jobs
Volkswagen is planning to cut 2,000 jobs at its troubled software unit Cariad as part of a restructuring plan.
The move of layoffs is part of...
Google to sack employees from its news division
An American multinational technology company, Google to sack employees from its news division.
“We’re deeply committed to a vibrant information ecosystem, and news is a part...
Nokia to slash 14,000 jobs to save costs
According to Reuters, Finnish multinational telecommunications, information technology, and consumer electronics corporation, Nokia is planning to slash 14,000 jobs to save costs. The layoffs...
After LinkedIn, KPMG lays off about 6% of deal advisory staff...
As reported by Business Today, A multinational professional services network, and one of the Big Four accounting organizations, KPMG is planning to sack nearly 100...
LinkedIn lays off 668 roles: Read Email Sent to Employees
Microsoft-owned LinkedIn announced to sacking of 668 employees across the engineering, product, talent, and finance teams.
The company said, "Talent changes are a difficult, but necessary...
Bizongo to lay off 15% of its employees
The AI-powered vendor digitization and embedded financing platform company, Bizongo is to lay off 15% of its employees or 50 employees.
A Bizongo spokesperson said,...
Companies Layoffs in 2023, How Affected HR Recruitment Teams
So far in 2023, there have been 1,618 layoffs at tech companies with 361,343 people impacted (1,304 people per day). In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people...