As part of a business shift, FedEx Supply Chain in Memphis will lay off over 600 employees. On August 27, the logistics colossus with headquarters in Memphis submitted a WARN notification (Worker Adjustment and Retraining Notification). FedEx informed the agency that 611 workers at its operations at 4155 Quest Way
The Wall Street Journal report, which cited internal sources, claims that TikTok has started a new round of layoffs that would impact workers in the UK as the company works towards artificial intelligence to automate content filtering. The activities of TikTok in South and Southeast Asia will also be impacted
In the most recent setback to Europe's attempts to gain market share in the electric vehicle industry, a union spokeswoman told AFP on 21 August that Porsche's battery manufacturing company would lay off the majority of its employees. According to IG Metall spokesman Kai Lamparter, the
Days after CEO Chuck Robbins publicly rejected the idea of laying off employees to make room for artificial intelligence, Cisco Systems announced a new wave of layoffs, removing 157 positions in California. The action has drawn legal attention, which has made the company's attempts to strike a balance
According to a New Indian Express story, the Union of IT & ITES Employees (UNITE) protested Tata Consultancy Services (TCS) on 19 August in a number of Indian cities, claiming that almost 30,000 workers may be impacted by current layoffs. TCS, however, has denied the allegation, stating that the
AT&T CEO John Stankey is enforcing a market-based mentality by combining help-desk centres and requiring managers to relocate to six hubs or risk losing their jobs. As part of a massive workplace reorganisation, AT&T is forcing more of its managers to transfer or face severance. CEO
Approximately 10% of Oracle's Indian workforce was let go by the American computer giant, Oracle, overnight, leaving dozens of talented individuals without jobs. Although the business has officially stated that the cuts were due to "restructuring", industry observers are connecting the action to a change in
German TikTok workers have organised fresh strikes in protest of widespread layoffs in the company's safety and trust division. As part of a broader strategy the firm has been implementing across offices worldwide, the social media giant has announced intentions to dismantle its entire Berlin moderation section, which
As part of a significant reorganisation, ClearTax has laid off 25% of its workforce, with new hires being among the most affected. Two months after being employed in June, the software developers were let go on August 1st, according to multiple “OpenToWork” and “LaidOff” profiles on LinkedIn. IIT Graduates Laid
As part of a significant restructuring of its audio division, Amazon is closing its Wondery podcast studio and laying off some 110 employees, according to Bloomberg News. In light of industry-wide difficulties, the move represents the tech giant's strategic shift away from its initial podcasting goals. As current
According to various media reports, Atlassian co-founder and billionaire CEO Mike Cannon-Brookes told employees via pre-recorded video message last week that the firm would eliminate 150 employees from its workforce. According to a Sky News story, the message was delivered early on July 30 and showed the 45-year-old software tycoon
According to various media reports, Warner Bros. Discovery plans to fire roughly 10% of its Motion Picture Group employees, causing a significant upheaval as the business gets ready to divide into two distinct companies. Marketing and Production Teams Hit by Layoffs Marketing, distribution, production, and other operational divisions are among
According to sources, the Labour Department sent a notice to the company after the Karnataka State IT/ITeS Employees Union (KITU) filed an industrial dispute case, following a controversy surrounding a layoff announcement and alleged forced resignations at IT major Tata Consultancy Services (TCS). Conciliatory Meeting Scheduled for August 6
The Economic Times recently reported that in a second round of layoffs, Krutrim, the artificial intelligence startup started by Bhavish Aggarwal of Ola, had let go of around 100 workers. A significant portion of the firm's linguistics staff, which had just recently arrived, was impacted by the layoffs.
Tata Consultancy Services, the biggest provider of IT services in India, announced on 27 July that it will cut 2% of its personnel in its 2026 fiscal year, mostly affecting middle and senior management. About 12,200 positions will be lost as a result of the company's retraining
According to Lenovo, a Chinese computer manufacturer with its headquarters in Morrisville, the corporation is cutting off 3% of its American employees. Like other businesses, Lenovo routinely reviews its cost structure to correspond with external market conditions and make personnel modifications as needed, according to a statement released on July
Thousands of benched employees are facing uncertainty as the first 35-day cycle under Tata Consultancy Services' (TCS) new bench policy comes to a conclusion on July 17. Many of them are expressing their anxiety on social media. After the policy went into effect on June 12, employees run the
As part of a company-wide restructuring spearheaded by new CEO Lip-Bu Tan, Intel Corporation has announced a new round of layoffs that will impact 2,400 more employees, bringing the total number of job cuts to almost 4,000 nationwide. Almost 2,400 jobs will be lost in Oregon alone,
According to multiple media sources, Recruit Holdings, the Japanese parent company of Indeed and Glassdoor, plans to lay off about 1,300 employees. This accounts for approximately 6% of the workforce in the HR technology segment of the organisation. The layoffs, which are mostly in the US, impact a number
According to reports, Microsoft is laying off 4% of its employees worldwide. The tech giant said on July 2, that it was letting go of almost 9,000 workers from several departments. Professionals of all experience levels are apparently preparing for the impact of these layoffs, which are occurring across
According to various media reports, chipmaker Intel is closing its automotive branch and terminating the majority of its workforce. In the communication, the corporation stated that it intends to shut down its automotive Intel architecture division. It further stated that although it will complete current obligations to clients, "the
The online dating app Bumble intends to fire about 240 workers, or nearly 30% of its workforce worldwide. Bumble said in a securities filing that the cutbacks were agreed to by the board this week as the company reorganises its operations to better execute its strategic priorities. A large portion
Next week, Microsoft Corporation will lay off a significant number of employees in its Xbox division as part of a larger restructuring effort. Deeper issues within the computer giant's video game operations are indicated by the decision, which is the fourth significant round of layoffs to hit the
Statkraft, a state-owned utility in Norway, plans to reduce yearly expenses by 15% by 2027 in order to adjust to the shifting market conditions through cost-cutting strategies that include technical refocusing and layoffs. By 2027, the business plans to cut salaries and other operating costs by about NOK 2.9