cost cutting
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Trends
Google Faces Further Workforce Reductions, CEO Announces Ongoing Layoffs; Google’s YouTube Announces 100 Job Cuts; The Tech Resizing Continues
According to a report, Google is anticipating additional layoffs after terminating thousands of employees in various sectors at the beginning…
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Trends
More Layoffs In Store, Barclays Unveils Ambitious Cost-Saving Plan To Cut 2000 Jobs And Branch Closures in Strategic Overhaul
In a strategic move to bolster profitability, Barclays, under the leadership of CEO C.S. Venkatakrishnan, is planning a comprehensive cost-saving…
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Stories
Customers Tighten Their Budgets Due To Economic Uncertainty, IT Demand Declines
As customers from a variety of industries started to tighten their wallets recently, the IT industry saw a major fall…
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Trends
Twitter Admits To Security Breach That Exposed Circle Tweets To Complete Strangers
Twitter accepts that a bug leaked privately shared tweets to public. The security incident which occurred on the Elon Musk-owned…
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Stories
Business Travel Will Never Bounce Back To Pre-Pandemic Levels
No Complete Rebound Of Corporate Travel To Its Pre-Pandemic Status According to a recent survey commissioned by Deloitte, a professional…
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Trends
Unacademy Laid Off Around 380 Employees, Which Is 12% Of Their Workforce, In The Fourth Round Of Layoffs In the Last 12 Months.
Unacademy Laid Off Around 380 Employees, Which Is 12% Of Their Workforce, In The Fourth Round Of Layoffs In the…
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Stories
Alibaba Laid off 19,000 Employees As A Cost-Cutting Measure In The Covid Challenged Economy
Alibaba Group Holdings has cut down the workforce by 19000 employees last year as the company experienced a global economic…
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Stories
ExxonMobil to merge business units as part of its cost-cutting plan in 2023, harnesses a vast cash flow in 23 years
Recently, ExxonMobil has highlighted that the established firm is merging some business units as a cost-cutting plan. The initiative could…
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Trends
Amazon Resorts To Selling Bay Area Offices To Cut Costs; Announces Biggest Layoffs In Its History And Freezes Corporate Hiring Citing Economic Uncertainties.
E-commerce giant Amazon will reportedly offload an office complex in the Bay Area of Northern California; the almost 29-acre site…
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Trends
Another giant tech company making cuts: Amazon reviewing unprofitable units to begin its cost-cutting review.
Another giant tech company making cuts: Amazon reviewing unprofitable units to begin its cost-cutting review. Amazon.com Inc. has asked staff…
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