Boeing Lays Off 180 Engineers in Bengaluru Amid Global Restructuring Drive
In a significant development that reflects the ongoing turmoil within the global aerospace industry, Boeing has ...
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Tag: Restructuring
LinkedIn Lays Off 281 California Workers Amid Broader Microsoft Restructuring
LinkedIn, the Microsoft-owned professional networking platform long associated with career growth and job opportunity, has paradoxically ...
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Panasonic Announces 10,000 Job Cuts Amid $900 Million Restructuring Drive
As part of a massive reorganization plan, the Japanese electronics firm Panasonic Holdings plans to lay ...
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DHL to Cut 8,000 Jobs in Germany Amid Profit Dip
Deutsche Post DHL, the German postal and logistics giant, has announced plans to cut approximately 8,000 ...
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HPE Announces Layoffs: 2,500 Jobs to Be Cut Amid Restructuring
According to Hewlett Packard Enterprise (HPE), as part of a broad cost-cutting effort, the company expects ...
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Luminar Cuts 30% of Workforce Amid Restructuring and Cost-Saving Measures
Luminar Technologies, a company that develops autonomous driving technologies, stated that it will be laying off ...
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EV Battery Maker Northvolt Cuts Jobs Amid Financial Struggles
A rise in financial difficulties has hit Northvolt, a Swedish company that is leading Europe's EV ...
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OpenAI Considers Shifting from Nonprofit to For-Profit Model
OpenAI, the AI research group behind ground-breaking innovations like ChatGPT, is reportedly thinking about making a ...
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WazirX Hack: Only 55% of Funds to Return, Says Exchange
The Indian cryptocurrency exchange WazirX is now dealing with the consequences from a significant attack that ...
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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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