Tag: latest layoff news
Disney plans another big round of job cuts next week: Report
Walt Disney Co. plans another big round of job cuts next week, eliminating thousands of positions, including about 15% of the staff in its entertainment…
McKinsey to cut 2,000 jobs in one of its biggest layoffs: Report
McKinsey & Co. plans to eliminate about 2,000 jobs, one of the consulting giant’s biggest rounds of cuts ever. The firm known for devising staff-reduction…
Meta plans fresh layoffs, delays setting team budgets: Report
Reuters | | Posted by Ritu Maria Johny Facebook parent Meta Platforms Inc has delayed finalizing the budgets of multiple teams as it prepares a…
SoftBank’s Arm China sacks at least 90 workers: Report
Reuters | | Posted by Ritu Maria Johny SoftBank Group Corp’s chip technology firm Arm Ltd’s China joint venture laid off 90-95 employees last week…
HoloLens, Surface, Xbox employees to be laid off as Microsoft cuts 10,000 jobs
Microsoft Corp., implementing the layoff of 10,000 workers announced last month, on Thursday cut jobs in units including Surface devices, HoloLens mixed reality hardware and…
News Corp to cut over 1,000 jobs. Here’s why
News Corp said on Thursday that it would cut 5% of its workforce, or 1,250 jobs, after the media conglomerate fell short of quarterly Wall…