Facebook parent Meta to slash 11,000 jobs to cut expenses, transform its business model

Nov 09, 2022

"We are also taking a number of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our...

Disney plans to cut 7,000 jobs and reward shareholders

Feb 09, 2023

Disney had about 220,000 workers as of October 1, of which approximately 166,000 were employed in the US. A cut of 7,000 jobs represents...

IBM to cut 3,900 jobs amid broader tech slowdown: WSJ

Jan 26, 2023

The job cuts will stem from Kyndryl Holdings, the IT services business that IBM spun off last year, and its healthcare divestiture, from which...

Marks & Spencer to shed 7,000 jobs as COVID-19 cripples retail sales

Aug 18, 2020

London [UK], Aug 18 : Retailer Marks & Spencer said on Tuesday it will cut a further 7,000 jobs as the COVID-19 crisis cripples...

Meta plans to fire 10,000 employees in second round of mass layoffs

Mar 14, 2023

The latest layoffs, announced on Tuesday, come after Meta said in November that it was eliminating approximately 13% of its workforce, or 11,000 jobs,...

SpiceJet to cut at least 1,000 jobs to ensure profitable growth

Feb 13, 2024

Low-cost airline SpiceJet is set to lay off at least 1,000 employees as part of its ways and means to save costs, and aiming...