Layoffs
Hollywood animation, VFX unions fight AI job cut threat
“IN THE good old days,” mused DreamWorks co-founder and former Disney CEO Jeffrey Katzenberg late last year, “it took 500 artists five years to make a world-class animated movie....
Novartis to cut 680 jobs in product development
NOVARTIS is to cut up to 680 jobs in its development organisation, which helps bring its drugs to market, the Swiss pharmaceuticals company said on Tuesday (Apr 9).
Around 440...
Citigroup CEO faces growth challenge as overhaul rattles employees
CITIGROUP investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s sprawling structure in September, cutting costs by laying off...
Ted Baker to close 15 stores, cut 245 jobs
INSOLVENT clothing chain Ted Baker is to close 15 stores in Britain and axe about 245 jobs, its administrators said on Monday (Apr 8).Ted Baker announced last month that...
Apple cut at least 600 workers when car, screen projects stopped
APPLE laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment...
Amazon is cutting hundreds of jobs in cloud computing division
AMAZON.COM’S cloud division is cutting hundreds of jobs that will affect sales and marketing employees and the team developing technology for brick-and-mortar stores.
“We’ve identified a few targeted areas...
Amazon is cutting hundreds of jobs in cloud computing division
AMAZON.COM’S cloud division is cutting hundreds of jobs that will affect sales and marketing employees and the team developing technology for brick-and-mortar stores.
“We’ve identified a few targeted areas...
McKinsey offering some staff nine months’ pay to leave firm
MCKINSEY & Co has made a unique offer to some of its staff: Take nine months’ pay and go away.The management-consulting firm is dangling the pay, along with career-coaching...
