Bumble says it will cut 240 jobs, or about 30% of its global workforce

Bumble has announced plans to lay off about 240 employees, roughly 30% of its workforce. The dating app disclosed this decision in a securities filing this week, citing a need to realign its ... Read More

Cisco is cutting thousands of jobs in its second major action in 2024 - MSN

In February 2024, it laid off 5% of its global workforce - which at the time was equivalent to around 4,250 jobs, and also cut 4,100 workers in November 2022. Cisco has spent big on acquisitions ... Read More

Cisco is cutting over 4,000 jobs for the second time this year

It was only in February when Cisco laid off 4,000 people, or 5% of its workforce, ... Cisco is cutting over 4,000 jobs for ... Last week brought news that Dell is cutting thousands of jobs as part ... Read More

Procter & Gamble says it will cut 7,000 jobs over the next 2 years

Procter & Gamble said Thursday it will cut 7,000 jobs over the next two years, or about 15% of its non-manufacturing workforce. In a statement, the consumer products giant said it wants to boost ... Read More

Amazon expects to cut corporate jobs as it relies more on AI

Amazon CEO Andy Jassy says the retail and tech giant “will need fewer people doing some of the jobs that are being done today.” ... Read More

Panasonic cutting 10K jobs from its workforce: What to know

Electronics maker Panasonic Holdings is cutting 10,000 jobs from its workforce. The Japan-based company announced the job cuts on Friday as part of a broader effort to increase its profitability ... Read More

AI's impact on the job market is ‘inevitable,' says workforce expert: ‘It's going to hurt for certain parts of the population'

Amazon CEO Andy Jassy recently announced job cuts due to AI. Here’s what one expert thinks about AI’s impact on the job market. Read More

Pressure is mounting to cut jobs in favor of AI. Here’s why you shouldn’t.

CISOs urged to resist AI job cut pressures and instead seek ways to employ the technology to unleash human creativity and alleviate burnout. Read More

Panasonic announces job cuts of 10,000 | Fox Business

The Japan-based company Panasonic Holdings is cutting its workforce down by 10,000 employees. These job cuts are expected to happen in fiscal year 2026. Electronics maker Panasonic Holdings is ... Read More

Nissan to cut 20K jobs, or 15% of global workforce – Action News Jax

Nissan has announced plans to slash tens of thousands of jobs, which will account for about 15% of its global workforce. In addition to the job cuts, it will also close seven of its 17 auto plants. Read More

Cisco is cutting thousands of jobs in its second major action in 2024

In February 2024, it laid off 5% of its global workforce - which at the time was equivalent to around 4,250 jobs, and also cut 4,100 workers in November 2022. Cisco has spent big on acquisitions ... Read More