Diabytes
Layoffs News
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Microsoft has cut over 15,000 jobs in 2025 through at least four major rounds of layoffs, according to the report. I
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As AI continues to transform industries, several companies across tech, media, finance, manufacturing, retail, and energy have announced mass layoffs in 2025. T
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Amazon aims to improve team collaboration but acknowledges no one-size-fits-all approach. CEO Andy Jassy revealed plans to reduce headcount over time, driven by efficiency gains from expanding use of generative AI.
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Software engineers faced the biggest impact in LinkedIn’s recent job cuts with over 71 positions, including senior roles, being eliminated.
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Volvo Cars said the exact number of job cuts in other countries will be decided after a full review of its organisation.
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The company has decided to cut about 4 per cent of its global workforce.
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Layoffs are increasing globally, possibly due to rising economic uncertainty and the use of artificial intelligence.
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The company’s corporate filing reveals that executive officers can now earn up to 200 per cent of their base salary in bonuses, a notable jump from the previous 75 per cent.
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Layoffs are expected to continue in 2025 with major companies like Microsoft, BlackRock and Ally Financial planning to reduce their workforce.
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The communications ministry plans to seek Cabinet approval once it secures clearance from the finance ministry.
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He expressed his disbelief and stated that he had never received any negative feedback during his tenure and was considered a high performer.
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These layoffs came shortly after Microsoft's fiscal year 2024 ended on June 30.
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Simpl stated to the publication that the layoffs were a strategic step to enhance operational efficiency and work toward profitability.
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The job cuts will primarily impact junior level employees working in data analytics and digital operations across the United States and India.
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Employees in non-flying positions are being assigned new roles based on the company's requirements and their own skills.
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As of May 31, 2023, Nike employed approximately 83,700 workers globally.
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Instacart's COO Asha Sharma also informed the company to resign from her position, effective March 1, 2024. The company does not plan to hire or appoint a new COO at this time.
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SpiceJet, currently operating roughly 30 aircraft including eight on wet leases from foreign carriers has faced delays in salary disbursements over several months.
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Cisco last year issued layoff notices to nearly 4,000 employees, as the company rolled out efforts to “rebalance” and cut costs.
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This marked a significant decrease in total startup funding compared to the previous month, dropping from $1.7 billion in December 2023, reportedly.
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