job cuts

SAN JOSE — The San Jose metro area is the nation’s strongest region for the hiring of college graduates, according to a new report that offers a welcome counterpoint to a steady drumbeat of Silicon Valley cutbacks. Monthly employment for…

Apple CEO Tim Cook has confirmed that the company is not planning any major layoffs despite cost-cutting measures being implemented. In contrast to other tech giants like Alphabet, Microsoft, and Meta which have cut thousands of employees…

The Commonwealth Bank of Australia has responded to criticism launched by the Finance Sector Union (FSU) — which has accused the bank of slashing hundreds of jobs.According to the FSU, Commonwealth Bank has cut 224 jobs at a time when the…

An Australian e-bike start-up has made its second round of job cuts in the space of eight months as it slashed a further 8 per cent of its workforce.Zoomo had previously provided services to the grocery delivery service Milkun, which…

SUNNYVALE — A maker of rapid coronavirus tests has revealed plans to chop hundreds of jobs in the Bay Area, a grim disclosure that suggests tech and biotech layoffs in the region have yet to run their course. Cepheid, a medical devices and…

Current and former employees have shared their dismay at the shock announcement that popular digital news site BuzzFeed is shutting down. The closure of the award-winning news division comes amid major lay-offs within its parent company,…

Facebook parent company Meta has started sacking 4000 employees in technical roles as part of the tech giant’s latest round of job cuts announced last month.CNBC reported on Wednesday that employees with technical backgrounds such as user…

One of the world’s largest accounting firms has slashed 3000 jobs abroad after a bold plan to split the company failed, leaving them at “overcapacity”. Earlier this year, big four accounting firm Ernst and Young (EY) announced it planned to…

Meta is reportedly in the midst of a “morale crisis”, with employees grumbling over the fact that many senior executives — Mark Zuckerberg among them — are working remotely from far-flung locales as the tech giant imposes mass…

At a time when it is becoming increasingly difficult to raise capital, the startup space is facing challenges, with the cash crunch starting to affect employees. Highlighting one such incident, The Economic Times reported that…