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job cuts
Ola Electric to cut 500 jobs by year-end for restructuring
The sources explained that this was being done to optimise business efficiency across verticals, attain profitability, and to ensure there is no redundancy. Parallelly, the company is hiring new roles.
13 hours ago
Ola Electric to cut 500 jobs by year-end for restructuring
13 hours ago
Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say
A Nokia spokesperson confirmed the company had opened consultations relating to laying off 350 employees in Europe but declined to comment on the situation in Greater China.
17 October 2024, 13:00 IST
Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say
17 October 2024, 13:00 IST
Airbus to cut up to 2,500 jobs in defence and space
Airbus has been drawing up specific turnaround plans for its struggling Space Systems business without waiting for the outcome of recent satellite consolidation talks that include Italy's Leonardo LDOF.MI as well as France's Thales TCFP.PA.
16 October 2024, 20:40 IST
Airbus to cut up to 2,500 jobs in defence and space
16 October 2024, 20:40 IST
Amazon may cut 14,000 managerial posts by early 2025
According to the report, Morgan Stanley's analysis advises that Amazon should cut its management workforce from 1,05,770 to 91,936 globally.
05 October 2024, 09:31 IST
Amazon may cut 14,000 managerial posts by early 2025
05 October 2024, 09:31 IST
Samsung Electronics plans global job cuts of up to 30% in some divisions
The plan will be implemented by the end of this year and would impact jobs across the Americas, Europe, Asia and Africa.
11 September 2024, 10:52 IST
Samsung Electronics plans global job cuts of up to 30% in some divisions
11 September 2024, 10:52 IST
Apple cuts about 100 digital services jobs: Report
The layoffs include some engineering roles and other services teams like the one that runs Apple News, the report said, citing people familiar with the matter.
28 August 2024, 05:55 IST
Apple cuts about 100 digital services jobs: Report
28 August 2024, 05:55 IST
Walt Disney to cut jobs in television unit: Reports
The Mouse House will cut about 140 positions, around 2 per cent of staff at Disney Entertainment Television and about 13 per cent of jobs at NatGeo, which is among the worst hit units, the report added.
01 August 2024, 02:34 IST
Walt Disney to cut jobs in television unit: Reports
01 August 2024, 02:34 IST
Burberry preparing to cut hundreds of jobs: Report
Burberry has reportedly begun a 45-day consultation, signaling that hundreds of positions could be cut.
07 July 2024, 09:50 IST
Burberry preparing to cut hundreds of jobs: Report
07 July 2024, 09:50 IST
Instamojo counts on profitability to avoid handing out pink slips
In September last year, the Reserve Bank of India (RBI) had returned the startup’s application to register as a licensed payment aggregator (PA), which was one of its main offerings to small businesses setting up online.
29 February 2024, 23:31 IST
Instamojo counts on profitability to avoid handing out pink slips
29 February 2024, 23:31 IST
Swiggy to slash 6% of workforce to trim costs: Report
The job cuts would impact about 350-400 employees across teams including technology, call centre, and corporate roles, the report said, citing sources.
25 January 2024, 14:21 IST
Swiggy to slash 6% of workforce to trim costs: Report
25 January 2024, 14:21 IST
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