Workforce
BP cuts over 5% of workforce in CEO cost cut drive
BP announced on Thursday (Jan 16) that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss’ efforts...
Japanese chipmaker Renesas to cut less than 5% of global workforce
JAPANESE chipmaker Renesas Electronics will cut less than 5 per cent of its global workforce, amounting to fewer than 1,000 positions, as it grapples with sluggish demand for its...
ServiceNow restructures RiseUp workforce training programme, cuts staff
SERVICENOW is restructuring its user training programme RiseUp amid low job placement rates and a corporate backlash to diversity-focused initiatives.Over the last year, multiple workers have been let go...
KPMG to lay off less than 4% of US audit workforce: source
KPMG will lay off less than 4 per cent, or about 330 people, of its audit workforce in the United States, a source familiar with the matter said on...
Boeing to cut workforce by 10% as strike eats into reserves
BOEING said it plans to cut its workforce by about 10 per cent, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and...
Boeing to cut workforce by 10% as strike eats into reserves
BOEING said it plans to cut its workforce by about 10 per cent, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and...
South Korean battery maker SK On to cut workforce amid challenging EV market
SOUTH Korean battery maker SK On said on Thursday (Sep 26) that it plans to introduce voluntary measures aimed at reducing its workforce, as the company seeks to improve...
‘A stab in the back.’ How Elon Musk’s decision to move X from San Francisco is stirring mixed emotions
SAN FRANCISCO — When Elon Musk took over Twitter in 2022, it marked a new era for the struggling San Francisco company.As the deal neared completion, Musk, the eccentric entrepreneur...
Research Addressing the STEM Workforce Crisis Through Multilingual Education
STEM (Science, Technology, Engineering, and Mathematics) sectors are crucial to technological innovation and economic progress. These disciplines are critical for advancing fields such as artificial intelligence, renewable energy, and...
