attrition
Intel to cut 15,000 jobs by December 2024.
Intel to cut 15,000 jobs by December 2024.
HTC cuts 15% of its workforce to fight sales downturn.
HTC cuts 15% of its workforce to fight sales downturn.
In India, attrition has decreased from 18.7% to 16.9%.
In India, attrition has decreased from 18.7% to 16.9%.
Qualcomm cuts 226 people as it diversifies its operations
Qualcomm cuts 226 people as it diversifies its operations
IBM layoffs impact hundreds as firm seeks to keep it under control
IBM layoffs impact hundreds as firm seeks to keep it under control
Cisco restructures again, eliminating thousands of positions
Cisco restructures again, eliminating thousands of positions.
Intel to slash around 1000 positions in Israel
Intel to slash around 1000 positions in Israel
Samsung India will lay off at least 200 executives
Samsung India will lay off at least 200 executives
Microsoft cuts 650 jobs within Xbox
Microsoft cuts 650 jobs within Xbox
Dunzo reduces personnel by 75% to cut costs
Dunzo reduces personnel by 75% to cut costs
FedEx to cut 2000 positions in Europe
FedEx is planning to reduce its European workforce by cutting 1,700 to 2,000 back-office and commercial positions over the next 18 months as part of its cost-reduction strategy. This move is expected to affect some of the nearly 50,000 employees in the region and could save the company between $125 million and $175 million annually starting from 2026-2027. However, the job cuts will incur costs of $250 million to $375 million in redundancy payments and related expenses. The restructuring will involve eliminating certain roles, merging teams within back-office and commercial operations, and consolidating some activities across the region into select shared activity centers. Despite these changes, FedEx assured that customer service and delivery operations will remain unaffected. The company...
IBM is cutting its personnel in China, firing off 1,000 employees
IBM is cutting its personnel in China, firing off 1,000 employees