Tag: job cuts

Boeing is set to eliminate approximately 300 jobs within its defense division, impacting various locations across the US. (REUTERS file photo for representation)
Posted in Business

Boeing to cut around 300 defense supply chain jobs| Business News

Boeing Co. is eliminating about 300 supply chain jobs from its defense division, and is notifying affected workers this week, according to a person familiar…

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The Amazon logo is displayed at a news conference in New York (AP)
Posted in Business

Amazon cutting 16,000 jobs in latest layoff round, employees from India among those hit: Report| Business News

Amazon announced on Wednesday that it will cut 16,000 corporate positions, marking the company’s second major layoff in the past four months. The layoffs represent…

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Big Tech is shifting ever so quickly, and analysts are picking up early signals of a strategic turn. (Representational image)
Posted in Business

Big Tech banks on artificial intelligence to drive growth amid job cuts| Business News

Big Tech continues to cut jobs and make advances in artificial intelligence (AI). Amazon has planned to cut up to 30,000 jobs, procedures for which…

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