Layoffs: Page 5
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
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.
Meta Is One of Tech's Most Brutal Job-Choppers, Axing a Higher Percentage of Staff than Google and Microsoft
Twitter, however, remains the top chopper.
Google and Meta Execs Rake in Big Bonuses Despite Industry-Wide Layoffs
Meta employees questioned Meta CEO Mark Zuckerberg about the generous bonuses awarded to C-suite executives amid company-wide layoffs and cost-cutting.
Disney's Biggest Round of Layoffs Expected This Week
"I do not make this decision lightly," said Disney CEO Bob Iger.
Whole Foods to Lay Off Hundreds of Corporate Employees in Company-Wide Restructuring of Certain Teams
The company announced on Thursday that new changes would impact employees in "different ways."
CEO Apologizes After Telling Employees Not To Ask About Bonuses and 'Leave Pity City'
The CEO and President of furniture company MillerKnoll delivered a harsh message to employees during a town hall.
Meta Begins Latest Round of Layoffs Amid 'Year of Efficiency'
In March, the Facebook parent gave employees a timeline of what to expect over the next few months.
Ernst & Young to Cut 3,000 Jobs Due To 'Overcapacity' and 'Current Economic Conditions'
The layoffs will impact nearly 5% of the accounting giant's workforce.
Marvel Entertainment Chairman Ike Perlmutter Speaks Out For First Time Following 'Lay Off'
The former CEO stirred controversy during his nearly 30-year tenure at Marvel.
Amazon Lays Off Over 100 Employees From Its Gaming Division
Previously, Amazon had laid off 20,000 employees in January and 9,000 employees in March. The Jeff Bezos-led company has struggled with its gaming division and has released only two games- New World and Lost Ark.
Google Is Cutting Back on Some of Its Iconic Perks Amid Cost Cutting Initiatives
The company is using data to determine which employee extras are getting the axe.
Apple Is Reportedly Beginning a Small Round of Layoffs
The move is being positioned as a "streamlining effort."
Apple To Eliminate Small Number Of Jobs In Its Corporate Retail Teams: Report
The report further noted that the jobs Apple's cutting is in the division that handles building and upkeep for its retail stores, and affected employees have been told that they have until the end of the week to apply for other positions at the company
McDonald's Temporarily Closes US Offices And Plans Layoffs: Report
According to reports, McDonald's also asked employees to cancel all in-person meetings with vendors and other outside parties at its headquarters