Verizon to sell 274 retail locations, reduce 500 jobs in fresh cost-cutting push
The telecom giant eliminated several hundred jobs in May 2026 after announcing last year it was cutting more than 13,000 roles in its largest single round of layoffs...
Tag : Job Cuts
IF Insights: Volkswagen Law returns, putting CEO Oliver Blume to fresh test
Blume's organizational shake-up plan faces strong opposition from workers' unions and key shareholders, with the latter having the power to block it...
Business Leader of the Week: Bill Winters-led StanChart’s AI strategy faces scrutiny
StanChart eyes investing in technology, platforms, and automation to improve operations and client services...
Sacked Meta employee slams CEO, asks ‘Has Mark Zuckerberg taken a pay cut?’
A senior technical recruiter at Meta in the US was let go during the second round of layoffs, while on maternity leave...
In-person engineers outperformed remote workers, says Mark Zuckerberg as Meta starts its 2023 layoffs
Meta is putting a lot of effort into ensuring individuals form the connections they need to work productively...
Tech layoffs intensify: Microsoft to cut 10,000 jobs
Microsoft's action might signal that employment losses in the tech industry will persist...
What’s coming ahead for Amazon employees, CEO Andy Jassy answers
Amazon has reportedly told its managers to identify work performance problems among employees...