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Hindi News Business Meta Prepares 15,000 Job Cuts | AI Investment & Startup Buys Drive Reasons 10 minutes ago copy link Facebook and Instagram’s parent company Meta is once again preparing for mass layoffs. According to Reuters report, the company may show the way out to 20% of its global workforce. Meta had about 79,000…
Hindi News Business Amazon Layoffs: 30,000 Office Workers To Be Cut; 16,000 More Jobs Eliminated New Delhi45 minutes ago copy link In October last year, it was announced to lay off 14,000 employees. The world’s largest e-commerce company Amazon on Wednesday announced the layoff of 16,000 more employees. This is part of the restructuring process…
Amazon has announced its largest-ever corporate layoff, planning to cut around 30,000 white-collar jobs globally. This move affects nearly 9% of its corporate workforce and is part of a major restructuring focused on streamlining operations and investing in artificial intelligence. (File Photo) Despite reporting strong profits, Amazon is aiming to reduce organizational layers and increase…
Last Updated:September 11, 2025, 00:27 is The BLS has faced years of underfunding and staffing shortages across multiple administrations. The bureau recently suspended CPI data collection in three cities and discontinued about 350 indexes (News18) The US Department of Labor’s Office of Inspector General (OIG) has launched a formal review into the challenges faced by…
Last Updated:September 10, 2025, 02:06 is The most substantial job losses were seen in technology-related industries, an area currently under close scrutiny by economists. The Federal Open Market Committee will certainly need to pay attention to these declining numbers The US job market has taken a significant hit, according to the latest data released Tuesday…
New Delhi: Indian online gaming unicorn Mobile Premier League (MPL) is set to slash nearly 60 percent of its local workforce after the government’s sweeping ban on online paid games, marking the industry’s first big casualty under the new law. Prime Minister Narendra Modi’s government this month outlawed paid online games, citing addiction and financial…
New Delhi: Over the past two years , workforce reductions have impacted a range of industries, including technology, finance, manufacturing, media, and retail. A Business Insider report highlights that companies are offering various reasons for recent layoffs with a key factor being the rise of technological advancements, particularly artificial intelligence (AI). As per the recent…
New Delhi: Google has laid off 10 per cent of its managerial staff as part of a long-running campaign to increase efficiency by double that number. Multiple news reports said CEO Sundar Pichaiin an all-hands meeting Wednesday, indicated the cuts will come at the manager, director, and vice president roles. A Google spokesperson told the…
Representational Image Goldman Sachs Group Inc. plans to dismiss a few hundred employees in the coming weeks as part of the firm’s annual cull of low-performing staff, according to people familiar with the matter. The fresh round of firings would bring total cuts in 2024 to about 3% to 4% of the bank’s workforce, with…
Dell layoffs announced employees fired for AI Source link [ad_3]