Browsing: workforce reduction

Meta begins global layoffs affecting about 10 percent of staff as AI spending, data center costs and team restructuring reshape operations.

AUSTIN: Oracle has begun a new round of layoffs, including 491 positions in Washington state, as the software company continues to commit…

MENLO PARK: Meta Platforms cut several hundred jobs across multiple teams on March 25, describing the move as part of regular restructuring…

MENA Newswire, SEATTLE: Amazon is cutting about 16,000 corporate roles worldwide, marking its largest round of layoffs since 2023 and extending a broader…

MENA Newswire, CALIFORNIA: Meta Platforms has cut about 1,500 jobs in its Reality Labs division, reducing headcount in the unit that develops the…

MENA Newswire, NEW YORK: The six largest U.S. banks trimmed their combined workforce by about 10,600 positions in 2025, the biggest annual net reduction…

Tech leaders from Amazon to Microsoft are cutting jobs as AI-driven automation reshapes work, streamlining operations across major corporations.

Commerzbank will cut 3,900 jobs by 2028 while targeting a €2.4B profit in 2025, as part of a restructuring plan amid speculation over UniCredit’s increasing stake.

Ford will cut 4,000 European jobs by 2027, citing weak EV demand and rising competition, with Germany and the UK most affected in its restructuring plans.

Boeing announces layoffs for 438 employees amid financial challenges, citing overstaffing. The move is part of a broader 10% workforce reduction plan impacting 17,000 positions.