Tag: Layoffs
Whirlpool to cut 1000 jobs worldwide in restructuring move
A leading kitchen and laundry appliance company, Whirlpool is planning to cut 1000 jobs worldwide in a restructuring move.
According to Reuters, The company announced...
Tesla persists with layoffs, aiming to cut 6,000 roles
An American multinational automotive and clean energy company, Tesla has disclosed intentions to lay off 6,020 workers in Texas and California, aligning with its...
Nike will sack over 700 employees at Oregon Headquarters
Nike has announced another round of layoffs to sack nearly 740 employees. On Friday, the company reported the layoffs to Oregon’s Office of Workforce...
Layoff 2024: Toshiba to cut 5,000 jobs; Google sacks 28 employees
In 2024 the companies have been sacking employees; Toshiba to Cut 5,000 Jobs and on the other hand, and Google will also layoff employees.
According...
Microsoft worker fired after over 30 years; reveals cause of layoffs
An American multinational corporation and technology company, Microsoft has recently laid off an employee after over 30 years of service.
Jeff Bogdan, former Director...
Citi Bank suffers from increased severance expenses amid layoffs
Citi Group faced first-quarter challenges with rising expenses for severance payouts to laid-off staff and investments in replenishing a government deposit insurance fund, impacting...
TCS employees filed complaint amidst layoff upheaval
The reported complaint against Tata Consultancy Services (TCS) filed by over 20 employees in the US with the US Equal Employment Opportunity Commission alleges...
McKinsey is offering 9 months’ pay to leave the firm &...
Amid a sector-wide downturn, McKinsey, a global management consulting firm plans to offer compensation to numerous senior employees opting to depart, aiming to trim...
Dell cuts 6,000 jobs from global workforce
In a filing as of February 2, 2024, Dell had approximately 120,000 employees. As per reports of India today the company had 1,26,000 employees.
The company...
Ericsson to cut 1,200 jobs due to decreased demand
Ericsson, a Swedish multinational networking and telecommunications company plans to cut 1,200 jobs due to decreased demand.
The company expects a challenging mobile networks market...