Tesla’s Senior Vice President Drew Baglino Resigns Amid Job Cuts
Baglino comes with 18 years of experience and has been part of Tesla since 2006.
Apr 16, 2024, 18:12 PM IST
Layoffs Might Get Worse This Year, 98% Surge in US Layoffs Last Year Reports Claim
The report said, around 168,032 employees were laid off in 2023 with 73% increase from the last year.
Jan 23, 2024, 13:46 PM IST
Alibaba To Make Significant Job Cuts Amid IPO Plans
In March, Alibaba Group planned to split into six business groups and launch separate public listings, triggering mass layoff, according to a Nikkei Asia report.
May 24, 2023, 12:02 PM IST
Vodafone To Cut 11,000 Jobs Over Next 3 Years, Sees Big Drop In Cash Flow
Vodafone has recently cut jobs in several of its big markets, shedding 1,000 in Italy earlier this year and a media report said it was looking to cut around 1,300 in Germany.
May 16, 2023, 12:36 PM IST
Massive job cut: Dailyhunt & Josh parent firm VerSe Innovation lays off 150 employees
VerSe Innovation has also reduced salaries by up to 11 per cent for employees who earn over Rs 10 lakh per annum, the sources added.
Nov 29, 2022, 10:01 AM IST
DNA: Why are big companies laying off employees?
According to a New York Times report, the biggest e-commerce company Amazon is about to lay off employees on a large scale. In the name of cost cutting, they are preparing to fire about 11,000 employees. This will be the biggest layoff ever in Amazon's history.
Nov 15, 2022, 23:36 PM IST
Job opportunities in plenty, lack of capability in north Indians: Labour minister Santosh Gangwar
The minister said what’s lacking is skillset and capabilities in north Indians, as there are a number of job opportunities across several sectors.
Sep 15, 2019, 14:48 PM IST
Axe falls on 18,000 Deutsche Bank jobs in USD 8.3 billion reinvention
In a retreat from a decades-long ambition to make its struggling investment bank, which employs 38,000 people, a force on Wall Street, Deutsche Bank said on Sunday it would scrap its global equities operations and cut some in fixed income.
Jul 08, 2019, 19:54 PM IST
GM plants to cut 5,000 South Korean jobs, keep production at current level
The US automaker announced last month that it would shut down a factory in Gunsan, southwest of Seoul.
Mar 02, 2018, 15:45 PM IST
Deutsche Bank to cut up to 500 investment banking jobs: Report
Deutsche's Corporate and Investment Bank had 17,251 full-time employees at the end of 2017.
Feb 19, 2018, 23:54 PM IST
Amazon cutting hundreds of jobs: Report
According to the report, the layoffs are primarily focused on the online giant's consumer retail businesses.
Feb 13, 2018, 00:01 AM IST
Credit Suisse announces 4,000 job cuts amid big Q4 loss
Credit Suisse is cutting roughly 4,000 jobs to reduce costs after announcing a massive pre-tax loss in the fourth quarter that includes "substantial charges which are not reflective of our underlying business performance," the bank said Thursday.
Feb 04, 2016, 22:16 PM IST
Half a million jobs to be cut globally! Check out which cos are slashing jobs
We give a list of some of the major companies of the world that are cutting jobs.
Feb 03, 2016, 23:52 PM IST
Ford to cut hundreds of jobs in Europe to boost profitability
US auto giant Ford plans to cut hundreds of jobs in Europe in a bid to strengthen profitability in the region, it said Wednesday, just days after turning in its first annual profit in years.
Feb 03, 2016, 20:26 PM IST
Shell Q2 net profit drops 37%, to cut 6,500 jobs this year
Royal Dutch Shell on Thursday reported a 37 percent drop in second quarter profits and said it would cut 6,500 jobs this year and reduce spending further to deal with an extended period of lower oil prices.
Jul 30, 2015, 14:04 PM IST
News Corp`s WSJ seeing cuts, shifting resources
The Wall Street Journal and its Dow Jones parent announced Thursday an unspecified number of job cuts and the closing of some foreign bureaus as they shift resources into digital.
Jun 19, 2015, 00:15 AM IST
'HSBC set to cut thousands of jobs globally'
HSBC Holdings Plc is planning to cut thousands of jobs globally and is set to make an announcement next week, Sky News reported on Monday, citing unidentified sources.
Jun 02, 2015, 07:05 AM IST
BlackBerry cuts jobs worldwide as it consolidates businesses
Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business.
May 23, 2015, 07:08 AM IST
Schlumberger cuts 9,000 jobs due to low oil prices
Oil services company Schlumberger Thursday said it was firing 9,000 workers due to plunging oil prices that have forced petroleum companies to cut drilling budgets.
Jan 16, 2015, 05:12 AM IST
Australian Broadcasting Corporation to cut 400 jobs
More than 400 jobs could be lost at the Australian Broadcasting Corporation, the head of the organisation said on Monday, after the government cut funding.
Nov 24, 2014, 07:46 AM IST
