layoff
Microsoft admits job layoffs across major divisions based on performance
According to reports, Microsoft is prepared to focus on performance and is preparing to reduce employment. According to Business Insider, it is evident that the organisation has made the decision to take poor performance seriously. In 2023 and 2024, the corporation laid off roughly 10,000 and 4,000 employees, respectively. The gaming division suffered the most in the earlier rounds due to its poor performance. The amount of positions that would be eliminated has not been formally announced this time. As part of a reorganisation effort following its $68.7 billion acquisition of Activision Blizzard, Microsoft lay off over 650 Xbox team members in September. Employees were informed in an official memo at the time that marketing, human resources, and other corporate and supporting departments ...
Boeing slashes 400 jobs in Washington and 500 in California
Boeing reportedly lay off roughly 400 employees in Washington and 500 in California as part of their staff reduction initiative. The aerospace giant is in the process of shrinking its global workforce by 10%, having previously announced plans to cut about 17,000 jobs. As part of this endeavour, the company fired off approximately 400 employees in November, all of whom were members of Boeing’s professional aerospace labour union. Boeing’s commercial, defence, and global services departments have borne the brunt of the layoffs in Washington and California. The company has been coping with a financial problem for some time. Furthermore, employees went on strike for eight weeks, bringing production to a stop. The layoff is unsurprising given that Boeing earlier announced plans to c...
Yahoo reduces its cybersecurity workforce by 25%
Yahoo reduces its cybersecurity workforce by 25%
Airbus to cut almost 2,000 jobs in its defence and space sector
Airbus to cut almost 2,000 jobs in its defence and space sector
LinkedIn cuts 200 positions due to strategic changes
LinkedIn cuts 200 positions due to strategic changes
Zoom is reducing its workforce, affecting 150 positions.
Zoom is reducing its workforce, affecting 150 positions.
Wipro eliminates mid-level positions as profit margins shrink.
Wipro eliminates mid-level positions as profit margins shrink.
PayPal to right-size by slashing 9% 2500 jobs.
PayPal to right-size by slashing 9% 2500 jobs.
American Airlines cuts workers to improve customer assistance.
American Airlines cuts workers to improve customer assistance.
Aurora reduces 3% of its workforce and focuses focus to forthcoming self-driving trucks
Aurora reduces 3% of its workforce and focuses focus to forthcoming self-driving trucks.
Google let go staff from Alphabet’s X Lab
Google let go staff from Alphabet's X Lab
eBay joins industry layoffs and slashes 1,000 staff despite profits
eBay joins industry layoffs and slashes 1,000 staff despite profits