Tag: job cuts
Meta cuts jobs
Meta Platforms is laying off employees across units including Instagram, WhatsApp and Reality Labs, The Verge reported, citing people familiar with the matter.
A Meta spokesman confirmed...
Ericsson announces job cuts in Sweden
Global telecoms and technology infrastructure giant, Ericsson has today announces proposed staff reductions in Sweden, as it expects a challenging mobile networks market in...
Cisco to cut 1000s of jobs
Global digital communication giant, Cisco is planning to restructure its business, which will include laying off thousands of employees as it seeks to focus...
Nokia to cut 14,000 jobs to reduce cost
Finland-based global telecoms giant Nokia is to axe between 9,000 and 14,000 jobs by the end of 2026 to cut costs.
The announcement was made...
Vodafone’s new CEO axes 11,000 jobs
British telecoms giant Vodafone has today announced it will cut 11,000 jobs over the next three years as new chief executive Margherita Della Valle...
Amazon to cut 9,000 jobs
Amazon CEO Andy Jassy has revealed the company planned to cut an additional 9,000 jobs over the coming weeks, on top of 18,000 announced...
Ericsson to cut 8,500 jobs
Telecommunications equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees said.
While...
Telkom to cut up to 15% of its workforce
Telkom is again about to go through a painful retrenchments programme as it fights to contain costs in a tough macroeconomic environment.
The partially state-owned...
Microsoft to cut 10,000 jobs as tech layoffs intensify
Microsoft on Wednesday said it would eliminate 10,000 jobs and take a $1.2-billion charge as its cloud-computing customers dissect their spending and the company...
Vodafone to cut jobs
Telecoms giant Vodafone is planning to make significant job cuts, which will be the largest in five years, in an effort to control costs...