New Delhi, April 9 – Entertainment conglomerate Walt Disney is planning to cut up to 1,000 jobs in the coming weeks, with a significant number of layoffs likely in its marketing division, according to a report.The Wall Street Journal said, citing sources, that the plans for the job cuts were...
San Francisco, March 31 – Cloud major Oracle began laying off employees worldwide on Tuesday, with several workers receiving an early-morning email announcing their job loss.According to a report in Fast Company, Oracle staff around the world began reporting on social media that they had...
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HSBC Job Cuts: Bank Weighs AI-Led Restructuring That Could Impact 20,000 Roles
HSBC Considers Workforce Reduction Amid AI Push
New Delhi, March 19: London-based investment bank HSBC is evaluating a major workforce restructuring as part of its strategy to integrate artificial intelligence into...
Meta Weighs Potential Layoffs of Up to 20 Percent as AI Investment Accelerates
Company Reportedly Reviewing Workforce Cuts Amid Push for Greater Operational Efficiency
New Delhi, March 14: Meta Platforms is reportedly considering another major round of layoffs as the US technology giant...
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US Job Openings Rise to Nearly 7 Million in January, Signaling Mixed Signals in Labor Market
Job Openings Increase Despite Signs of Hiring Slowdown
Job openings in the United States rose to nearly 7 million in January, surpassing market expectations even as the broader labor market continues to...
Block, Inc. to Cut Over 4,000 Jobs as AI Push Fuels 25% Stock Surge
Block, Inc., the financial services company co-founded by Jack Dorsey, announced on Thursday, February 26, that it will lay off more than 4,000 employees, reducing nearly half of its workforce. Following the announcement, the...