Qoo10 Undergoes Massive Layoffs: 80% of Workforce Affected
The major layoffs announced by Singapore-based e-commerce company Qoo10 will affect about 80% of its workforce. ...
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Tag: Job losses
Air India-Vistara Merger to Leave 300 Employees Jobless
As the merger between Air India and Vistara edges closer to completion, the reality of job ...
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Nike’s Massive Layoffs: 40% of Senior Employees, including Vice Presidents, Fired in Cost-Cutting Move!
Nike, the global brand of sport wear is under the process of transition. They have decided ...
Read moreJob Cuts at Luminar: 20% Workforce Reduction Sparks Industry Buzz
Luminar Technologies, a company known for its lidar sensors used in self-driving cars, recently announced a ...
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Barclays’ £1 Billion Cost-Cutting Drive: Navigating Job Losses and Digital Transformation in the Evolving Financial Landscape
Barclays, one of the world's largest financial organizations, has announced plans for a significant cost-cutting program ...
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New Zealand economy slips into recession
New Zealand's economy has officially entered a recession as the first-quarter Gross Domestic Product (GDP) experienced ...
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Report: AI Technology Triggers Job Losses, 4,000 Workers Impacted
Artificial intelligence (AI) is no longer a distant threat; it has become a stark reality for ...
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