HSBC plans to cut-off 10% of its total workforce in the coming years. The global banking giant employed 208,720 full-time employees
Browsing: job cuts
Baker McKenzie cuts up to 1,000 support roles amid AI-driven restructuring, sparking debate over automation and job losses.
Amazon plans 2,200 job cuts in Washington, adding to massive layoffs as leadership restructures amid technology shifts.
Nike to cut 775 U.S. distribution jobs as automation and supply chain restructuring reshape operations amid slowing sales.
Major U.S. corporate layoffs in 2025 across tech, retail and services highlight restructuring, AI impact and job insecurity.
US unemployment reaches a four-year high amid slower job growth, layoffs, and economic uncertainty, signaling a cooling labor market.
Amazon cuts 84 Washington jobs, citing routine business reviews, separate from earlier 14,000 layoffs and ongoing restructuring.
Verizon plans its largest-ever layoffs, 15,000 jobs as new CEO Dan Schulman restructures the company to cut costs and regain subscribers.
Nestlé’s new CEO Philipp Navratil announces a global restructuring with 16,000 job cuts, targeting 3 billion Swiss francs in savings to restore growth and investor confidence.
Novo Nordisk will cut 9,000 jobs, about 11.5% of its global workforce, as new CEO Maziar Mike Doustdar launches a major restructuring to boost growth.
Latest data shows unemployment climbing and payrolls shrinking, leaving workers across industries facing growing insecurity
Oil giant ConocoPhillips plans mass layoffs impacting 20–25% of its global workforce as falling oil prices and rising costs pressure the energy sector.
TCS to lay off 12,000 employees amid skill mismatches and restructuring, as AI-driven shifts and global demand challenges reshape India’s IT sector.
Microsoft is laying off 9,000 employees or less than 4% of its global workforce even when it reports strong earnings and deepens investments in AI. The move reflects broader tech industry trends as companies streamline operations and shift toward automation.
Bumble focuses to save $40 million in annual cost savings while laying off about 240 employees
“The impact on H-1B holders is the most. Life does change drastically for themâ€
13,000 laid off will be informed within the next 6 months.