Layoffs: Page 4

Business News

The CEO of Software Giant Intuit, Which Has Avoided Mass Layoffs, Says Tech Firms Axed Jobs Because They Misread the Pandemic

During the first months of the pandemic, internet traffic surged as much as 60% in some countries, according to an OECD analysis.

News and Trends

Rolls Royce To Cut Thousands Of Jobs: Report

As per reports, the luxury car manufacturer has hired consultants led by McKinsey & Co. to advise on the same

Franchise

With Company Layoffs Increasing, Here's Why Franchising Is the Next Best Move

Here's why franchise ownership is a great option for recently laid-off employees who want to pursue entrepreneurship as their next step.

News and Trends

Meta Announces Final Round Of Layoffs; 5000 Likely To Be Affected

Meta's decision to downsize follows a period of declining revenue growth, driven by inflation and a reduction in digital advertising due to the slowdown in e-commerce during the pandemic

Business News

Amazon Employees Plan a Walkout at Seattle Headquarters, Say Morale Is at an 'All-Time Low'

The organizers hope the walkout will include nearly 1,000 participants.

Leadership

Why You Need a Diversity and Inclusion Expert to be Involved in the Layoff Decision-Making Process

Workforce reduction decision-makers aren't leaning on their DEIB teams enough. Here's why that's a mistake.

Growing a Business

5 Ways Startups Can Leverage Tech Layoffs to Attract Top Talent

While big tech itself has laid off unprecedented numbers in a very short span and continues to navigate various economic headwinds, the broader tech industry continues its focus on innovation and strategic growth.

Leadership

The Art of Downsizing — How to Handle Layoffs in a Humane Way

Here's how leaders can handle layoffs in a way that prioritizes both the well-being of employees and the success of the business.

Business News

LinkedIn Is Cutting 716 Jobs, Blaming Shifts in 'Customer Behavior' and 'Slower Revenue'

The news of the layoffs comes a week after LinkedIn turned 20.

News and Trends

Mass Layoffs Are Last Resort, Says Tim Cook

Cook's statement comes amid ongoing cost-cutting measures and a slowdown in hiring at the tech giant

Business News

Tim Cook: Mass Layoffs Are a 'Last Resort' for Apple

Cook spoke out on the low possibility of job cuts after a strong Q2 2023 earnings report.

News and Trends

Administrative Roles Likely To Get Replaced By AI: IBM CEO

As per reports, IBM has approximately 26,000 workers, therefore, almost 7800 jobs could be replaced by AI in the next few years

Business News

Gap is Laying Off Hundreds of Corporate Workers in Company Restructuring

The latest round of job cuts is said to be bigger than the nearly 500 layoffs that took place in September.