Xerox to cut 15% of its workforce

[ad_1] Signage is displayed outside the Xerox headquarters in Norwalk, Connecticut. Michael Nagle | Bloomberg | Getty Images Xerox on Wednesday announced it will cut 15% of its workforce as…

‘Sweeping’ lay-offs at Lazada Singapore as 2024 starts – Singapore News

[ad_1] SINGAPORE: Lazada appears to have rang in the new year with a round of layoffs, a number of news sites have reported. At the end of the workday…

Layoffs at Paytm after deployment of AI solutions to boost efficiency; stock dips

[ad_1] Paytm parent One97 Communications Ltd. shares fell 2% in the early morning trade today after reports of the fintech major laying off a significant number of employees across departments…

2023, the year of layoffs

[ad_1] Carlin Putman of Houston, Texas worked at AIG for more than two decades. Earlier this year, she lost her job. She was devastated. But the writing was on the…

Singapore’s Grab fires 1,000 in biggest layoffs since pandemic

[ad_1] Southeast Asia’s leading ride-hailing and food-delivery app says job losses ‘painful but necessary’ step. Singapore-based Grab, Southeast Asia’s leading ride-hailing and food-delivery app, has announced it will fire 1,000…

GM to lay off 1,300 Michigan workers as vehicles end production

[ad_1] UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan.…

Citigroup employees, on edge over layoffs, told they can work remotely until the new year

[ad_1] Jane Fraser, CEO of Citigroup, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC.  Win Mcnamee | Getty…

GM’s Cruise laying off 900 employees, or 24% of its workforce: Read the memo here

[ad_1] General Motors’ Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce, the company confirmed to CNBC. The layoffs, which primarily affected…

Etsy stock falls after company lays off 11% of its staff, citing ‘very challenging’ environment

[ad_1] Etsy CEO Josh Silverman noted in a letter to employees that Etsy’s marketplace — known for selling handmade items and connecting buyers with local artisans across the globe —…

Etsy stock falls after company lays off 11% of its staff, citing ‘very challenging’ environment

[ad_1] Etsy is laying off 11% of its workforce at the height of the holiday season as the e-commerce giant looks to restructure its business and streamline costs against a…