layoffs

Ford will be facing a huge blow in Germany, where Volkswagen is threatening to close factories, cut wages, and axe thousands of jobs to improve its competitiveness.

Ford to lay off 14% of European employees due to weak demand for electric vehicles and fierce competition from China

2024-11-20 22:54:49 : Ford Motor Co. decided to lay off 14% of its European workforce on Wednesday, November 20, due to weak electric vehicle ...

GM layoffs: The company will cut white-collar jobs across the globe.

GM layoffs: Automaker cuts nearly 1,000 jobs globally to cut costs

2024-11-15 21:09:08 : DETROIT (AP) — General Motors is laying off about 1,000 employees worldwide as it cuts costs as it tries to compete ...

Intel reinstates free coffee and tea at its work sites, a small but meaningful step aimed at improving employee morale despite ongoing financial struggles and major layoffs. Intel headquarters in Santa Clara, Calif. Photo: Bloomberg News (Representative Image)

Intel surprises: Returns free coffee and tea after significant cost cuts

2024-11-10 17:55:05 : Intel announced the reinstatement of free coffee and tea in its workplaces, reinstating a benefit that was cut last summer as ...

The round of layoffs in the technology field has not stopped. From X to Microsoft and Samsung, many employees have been laid off.

Tech layoffs in 2024: The layoffs in the tech industry haven’t stopped. Many leading technology companies are once again showing large numbers of employees ...

Freshworks announced that its board of directors approved a $400 million share buyback programme of its outstanding Class A common stock.

Freshworks announced 660 layoffs, repurchased $400 million in stock and raised profit forecast; stock price rose

2024-11-08 08:37:07 : Shares of Nasdaq-listed Freshworks rose more than 28% after the company announced upbeat third-quarter results and a $400 million share repurchase. ...

Freshworks to cut 13% of its global headcount on strong third-quarter earnings and demand for artificial intelligence

Freshworks to cut 13% of its global headcount on strong third-quarter earnings and demand for artificial intelligence

2024-11-07 10:52:03 : California-based software company Freshworks has announced plans to lay off 13% of its workforce, equivalent to 660 employees worldwide. Freshworks reported ...

KPMG Trims US Audit Staff by 4% to Counter Low Turnover Rate

KPMG cuts U.S. auditor staff by 4% to combat low turnover

2024-11-05 07:31:14 : KPMG LLP announced on Monday that it was cutting its U.S. audit staff by about 330 positions, accounting for nearly 4% ...

A view shows model Mission X of Porsche, a German automobile manufacturer, displayed during an event.

Porsche employees to join strike wave in major German industries

2024-10-29 07:58:43 : Porsche AG has opened a new label at the German carmaker’s plant in Stuttgart, where workers will join a wave of ...