Page 5 - Job Cuts

Why Musk's takeover of Twitter and the layoffs will shrink free speech

Musk's vision for Twitter is not particularly complex. He views it as a software platform first, and only then as a social network

After Twitter, Meta Platforms likely to fire thousands of employees

Will be first broad headcount reduction in the tech giant's 18-year history

Twitter says job cuts by Musk won't impact core content moderation

Yoel Roth, Twitter's head of safety and integrity, said that while the company said goodbye to incredibly talented friends and colleagues, "our core moderation capabilities remain in place''

Job cuts at Twitter spur concerns about US midterms, human rights

Product and engineering teams were gutted by well over 50%, according to two sources, and other groups - like communications, marketing, human rights and diversity - were almost completely eliminated

As job cuts begin at Twitter, Elon Musk decries 'massive' sales drop

The global workforce reductions are expected to affect 3,700 jobs - about half of the company.

Apple pauses hiring for many roles besides R&D in escalation of cost cuts

The pause generally doesn't apply to teams working on future devices and long-term initiatives, but it affects some corporate functions and standard hardware and software engineering roles

Twitter sued for mass layoffs by Elon Musk without enough notice

Twitter intends to start cutting staff Friday, the company said in an email to employees. Musk plans to get rid of half the workforce

Fear and anxiety rampant at Twitter India as Musk starts downsizing

People in the know described the mood within the India development centres and across all segments as "very fearful", with people not sure if they will have a job or not

'Return home': Twitter to start laying off employees today, shuts office

Twitter told its employees through an email that they would receive an alert on staff cuts on their official or personal IDs on Friday

Elon Musk to commence job cuts at Twitter today as advertisers hit pause

"In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday," Twitter management said in an email reviewed by Bloomberg

Elon Musk plans to eliminate 3,700 jobs at Twitter to cut costs: Reports

Musk also intends to reverse the company's existing work-from-anywhere policy, asking remaining employees to report to offices -- though some exceptions could be made, the people said

Overall job cuts no more than 5% to avoid role duplication: Byju Raveendran

"I want to emphasise that the overall job cuts are not more than five per cent of our total strength," he said

Kerala govt to meet Byju's executives on Nov 2 as 170 staff asked to resign

A meeting was called by the officials of the labour department on October 25, but the company did not appear for meeting

Intel plans thousands of job cuts to manage cost amid PC market slowdown

Intel will announced the layoffs as early as this month, with the company planning to make the move around the same time as its third-quarter earnings report on October 27

Peloton planning to cut additional 500 jobs to reverse losses: Report

To cut costs, the company cut hundreds of jobs, shuttered stores and outsourced delivery to third parties this year

Ola group drives back on layoff plan for nearly 200 engineers, for now

Overall, the company at a group level has a workforce of around 10,000 people

JPMorgan and BofA cautious on job cuts as Goldman Sachs' layoffs loom

As the risk of recession looms and the Federal Reserve raises interest rates to curb inflation, deal markets have dried up

Goldman to cut hundreds of jobs in its biggest layoff since the pandemic

The Wall Street titan plans to eliminate several hundred roles starting this month, according to people with knowledge of the matter

Goldman Sachs plans to cut several hundred jobs starting this month: Report

While the total number is less than some previous rounds, the reductions are a resumption of Goldman's annual culling cycle that it had largely paused during the pandemic.

Xiaomi cuts over 900 jobs globally as Q2 revenue dips 20%: Report

"In this quarter, our industry faced many challenges, including rising global inflation, foreign exchange fluctuations (and) complex political environment," said Xiaomi president Wang Xiang