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.
Category : Search result: telecom layoffs
Optus Outage Crisis Amid Amazon Mobile Launch
Major telecommunications disruption hits Optus customers as Amazon announces Australian mobile service entry. Stay updated on the developing situation and market implications.
AT&T Data Breach: Claim $7,500 by Dec 18
AT&T customers affected by two major data breaches can claim up to $7,500. The deadline for filing has been extended to 18 December 2025. Act now to secure your compensation.
Samsung phone fails emergency call, customer dies
A customer died after an outdated Samsung phone could not connect to triple-0 on the Lebara network. TPG urges users to update devices immediately to ensure emergency access.
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.
BT to cut 55,000 jobs in AI-driven workforce overhaul
Telecoms giant BT reveals plans to slash 55,000 jobs by the end of the decade as artificial intelligence and automation reshape the workforce. The restructuring will reduce BT's total workforce from 130,000 to between 75,000 and 90,000 employees.
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
UK Phone Giants Unite to Block Scam Calls
Major UK telecom providers have joined forces in a groundbreaking agreement to combat number spoofing fraud, implementing new technology to protect millions of consumers from scam calls.
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.
Ofcom inundated after mobile network nightmare report
Broadcast regulator Ofcom received thousands of complaints following a Channel 4 News report detailing journalist Holly Williams' mobile service ordeal with Vodafone and Tesco Mobile, highlighting widespread consumer frustration with telecom providers.
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.
Amazon axes hundreds more UK jobs in new cuts
Amazon continues its global workforce reduction with significant cuts to its UK operations, affecting hundreds of employees across multiple divisions including its streaming and Alexa teams.
Amazon axes hundreds in tech teams amid AI shift
Amazon confirms major job cuts across AWS and physical stores technology divisions, signalling strategic shift toward AI-driven operations and cost optimisation.
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