HP to cut 6,000 jobs by 2028 in AI push
Tech giant HP announces plans to cut up to 10% of its global workforce, aiming to save $1 billion and integrate AI. Discover the impact on the UK tech sector.
Category : Search result: mass layoffs
US unemployment benefits drop as layoffs stay low
US jobless claims fell last week to 216,000, indicating a resilient labour market despite high-profile job cuts. Discover what the latest figures mean for the economy.
Apple Cuts Dozens of Jobs in Sales Overhaul
Apple has made rare layoffs across its sales teams, impacting staff serving businesses, schools, and government agencies. Discover the full story behind this strategic shift.
Verizon cuts 13,000 jobs in major restructuring
Verizon CEO Dan Schulman announces 13,000 job cuts, impacting 13% of its workforce. The telecom giant is restructuring to slash costs and reverse customer losses. Discover the full story.
Verizon lays off over 13,000 employees
Verizon announces over 13,000 job cuts and store conversions as new CEO Dan Schulman reorients the telecom giant towards customer focus. Discover the full story.
PepsiCo closes Florida plant, cuts 468 jobs
PepsiCo shuts a Frito-Lay plant in Florida, laying off 422 workers with 46 more to go. This is part of a wider trend of US job cuts driven by falling sales and automation. Read the full report.
Verizon to cut 15,000 jobs in major restructuring
Verizon announces its largest-ever layoffs, cutting 15,000 jobs and converting corporate stores to franchises. New CEO Dan Schulman aims for a 'leaner, scrappier' business. Read more.
Verizon to cut 15,000 jobs in historic layoffs
Verizon announces its biggest-ever job cuts, slashing 15,000 roles as customer losses mount and price hikes backfire. Discover the full story behind the telecom giant's crisis.
US Companies Break Holiday Layoff Taboo Amid AI Push
The long-standing corporate taboo of holiday season layoffs is being shattered as US firms embrace cost-cutting and AI-driven workforce reductions, creating a chilling new trend in employment practices.
US Stocks Plunge Amid Widespread Layoffs and Hiring Freezes
Wall Street faces dramatic sell-off as employment data reveals widespread hiring freezes and rising layoffs across major US corporations, sparking recession fears.
Coca-Cola's AI Christmas ad backfires amid layoffs
Coca-Cola's attempt at an AI-generated holiday advertisement has spectacularly misfired, with technical errors plaguing the campaign while the company faces scrutiny over recent layoffs. Discover how the festive spirit turned sour for the beverage giant.
Teen Vogue staff launch Gofundme after shock terminations
Former Teen Vogue employees turn to crowdfunding after unexpected job losses, highlighting growing instability in digital media sector
Teen Vogue magazine folds print edition amid layoffs
Conde Nast announces Teen Vogue magazine will cease print publication immediately with significant layoffs as publisher shifts focus to digital content and video production.
Disneyland California Layoffs Amid Ticket Price Surge
Exclusive investigation uncovers how Disneyland California is implementing mass layoffs while simultaneously hiking ticket prices to record levels, creating a perfect storm for visitors and employees alike.
Target's Zoom layoff blunder sparks corporate outrage
US retail giant Target faces backlash after conducting mass redundancies via Zoom, with employees discovering their fate through impersonal group video calls in latest corporate misstep.
CNN axes senior correspondent Michelle Kosinski in network cuts
Exclusive: Award-winning CNN correspondent Michelle Kosinski becomes latest casualty in network's sweeping cuts as insider reveals 'brutal' staff reduction strategy continues.
CBS News staffer fired after racist layoffs meeting rant
A CBS News employee has been dismissed after launching into a shocking racist tirade during a virtual meeting about company-wide redundancies, sparking outrage among colleagues.
CBS News lays off eight staff, women hardest hit
Exclusive: CBS News implements significant workforce reductions with eight employees terminated, predominantly affecting female staff members across multiple departments.
CBS News axes Race and Culture Unit in mass layoffs
Exclusive: CBS News dismantles its dedicated Race and Culture division in sweeping layoffs that have left journalists reeling and diversity coverage in question
WPP job cuts as CEO slams 'unacceptable' performance
Global advertising giant WPP faces significant restructuring with thousands of jobs at risk after new CEO Mark Read condemns company's disappointing financial results and pledges radical transformation.
Puma Slashes Hundreds of Jobs Amid Economic Pressures
Sportswear giant Puma announces significant workforce reduction of hundreds of positions globally as company faces challenging market conditions and potential EU tariffs on Chinese imports.
CBS News announces major staff cuts amid media downturn
American broadcaster CBS News becomes latest media organisation to announce significant layoffs, continuing troubling trend across journalism sector amid economic pressures.
Paramount dismantles CBS News digital anchor teams
Exclusive: Paramount Global makes dramatic cuts to CBS News' digital anchor teams as company pivots towards streaming-first strategy, leaving veteran journalists out in the cold.
GM axes 2,300 jobs in Michigan and Ohio plants
General Motors announces massive layoffs across key US manufacturing plants, citing production adjustments for slower-selling vehicles and the industry's rapid shift toward electric vehicles.
CBS News axes jobs in major Paramount restructuring
Exclusive: CBS News announces significant staff reductions as parent company Paramount Global implements sweeping cost-cutting measures across its media empire, affecting multiple departments.
CBS News Announces Dozens of Layoffs in Major Restructuring
CBS News faces significant layoffs affecting dozens of staff across multiple departments as parent company Paramount Global enforces sweeping cost reductions amid industry-wide challenges.
Amazon, UPS, Target slash thousands of jobs
Wave of layoffs hits corporate America as retail and logistics giants announce significant workforce reductions amid economic uncertainty.
Amazon, UPS and Target Slash Thousands of Jobs
In a dramatic start to 2024, retail and logistics giants including Amazon, UPS and Target announce significant workforce reductions, signalling ongoing economic turbulence.
UPS cuts 250 Wall Street jobs in cost-saving shake-up
Global delivery giant UPS announces sweeping job cuts affecting 250 Wall Street positions as part of dramatic cost-reduction strategy amid economic pressures.
Amazon to cut 14,000 UK jobs in massive layoffs
Retail giant Amazon is preparing to slash up to 14,000 positions across its UK operations in one of the largest corporate layoffs in recent British history, targeting roles from warehouses to corporate offices.
Page 1 of 4