Layoffs

Stellantis signs deals to cut at least 2,500 jobs in Italy
Stellantis signs deals to cut at least 2,500 jobs in Italy
STELLANTIS has reached voluntary deals to cut at least 2,500 jobs in Italy, labour unions said on Tuesday (Mar 26), as the carmaker tries to adapt to changes needed...
Vodafone Germany to cut 2,000 jobs in revamp
Vodafone Germany to cut 2,000 jobs in revamp
VODAFONE Germany aims to save around 400 million euros (S$583.7 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company...
Citigroup to end sweeping overhaul this week after 5,000 layoffs
Citigroup to end sweeping overhaul this week after 5,000 layoffs
CITIGROUP is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, after shrinking its workforce by 5,000 employees since September....
Longi layoffs speed shift in solar production away from China
Longi layoffs speed shift in solar production away from China
LAYOFFS at Longi Green Energy Technology, the world’s biggest solar manufacturer, will likely accelerate a global rebalancing of production capacity away from China. Longi, which employed as many as...
Fidelity weighs cutting 20 China jobs as part of global layoffs
Fidelity weighs cutting 20 China jobs as part of global layoffs
FIDELITY International plans to cut about 20 positions in China as part of global job reductions to trim costs, according to sources familiar with the matter, a move that...
After He Was Laid Off, His Side Hustle Grew to $100k a Year | Entrepreneur
This Side Hustle Spotlight Q&A features Alaa El Ghatit, founder of LifeOnRecord. LifeOnRecord is a service that lets people phone in stories, memories and well wishes for someone celebrating...
Here’s Why Most CEOs Don’t Take Pay Cuts to Avoid Layoffs | Entrepreneur
On Tuesday, Sony announced layoffs that will impact 900 jobs in its PlayStation division, or about 8% of the unit's staff worldwide. The move follows other video game layoffs...
Sony to cut about 900 jobs in its PlayStation unit as layoffs in technology, gaming sector continue
Sony will cut about 900 jobs in its PlayStation division, or about 8% of its global workforce, becoming the latest company in the technology and gaming sector to announce...
Alibaba’s South Asian e-commerce giant Daraz announces layoffs in memo
Alibaba’s South Asian e-commerce giant Daraz announces layoffs in memo
ALIBABA-owned e-commerce platform Daraz Group has announced layoffs across the group to “adopt a more streamlined and agile structure”, acting chief executive officer James Dong said on Tuesday (Feb...
Alibaba’s South Asian e-commerce giant Daraz announces layoffs in memo
Alibaba’s South Asian e-commerce giant Daraz announces layoffs in memo
ALIBABA-owned e-commerce platform Daraz Group has announced layoffs across the group to “adopt a more streamlined and agile structure”, acting chief executive officer James Dong said on Tuesday (Feb...