• job cuts: Top IT companies cut over 72,000 jobs in FY24

    Once known for hiring hundreds of thousands every year, five of India’s top six information technology services companies reported a reduction of 73,600 in their total headcount in the last fiscal yearHCLTech, the third largest, was the only exception among the top six, as it added 1,537 employees in the year ended March 31, even as Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and LTIMindtree reported a fall in their headcount. After accounting for the addition at HCLTech, the...

  • Google lays off 200 workers, shifts jobs to Mexico and India in latest restructuring

    Google fired around 200 employees and relocated some of the jobs overseas -- the latest sign of a long-running effort by the company to cut costs and restructure itself.

    • CNBC

    Tesla cutting around 2,700 jobs in Austin and more than 3,300 in California as part of broad restructuring

    Tesla is eliminating about 12% of its workforce at a factory in Austin, Texas, where the electric vehicle company is headquartered.

  • Googling "Flag GIF" Leads To Nazi Flags In Google Search

    If you search for [flag GIF] on Google, click on the "waiving" refinement, you are taken to images of Nazi flags. I waited a full week to report on this, a full week from when Google acknowledged the issue and it is still an issue.If you search for [flag gif], you will see a refinement to show you waiving flags:If you click on "waiving" Google Search shows you Nazi flags:This was posted on Mastodon on April 24th and Danny Sullivan, the Google Search Liaison, responded shortly after saying,...

  • Tesla to cut hundreds more jobs: report

    Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a U.S. media report. Elon Musk's EV company, which moved earlier this month to cut more than 10 percent of its 140,000 employes, will

  • NEI: Google could lead to even more investments

    Before Google’s detailed its $2 billion investment on Friday, Frijia spoke to WANE 15 more broadly about the process of economic development.

  • Musk deepens ‘hardcore’ job cuts at Tesla

    Elon Musk has called for “absolutely hardcore” job cuts at Tesla, as the company lays off hundreds more employees in an attempt to control costs.

  • Posti plans nearly 300 job cuts

    The restructuring plans were due to reduced demand, not external factors like the labour market situation, the company said.

  • Tesla to cut hundreds more jobs in Musk cost push: report

    Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a U.S. media report.Elon Musk's EV company, which moved earlier this month to cut more than 10 percent of its 140,000 employees, will disband two departments and lay off most of the employees from the groups, reported the Information late Monday.The online technology publication quoted from a Musk email in which he vowed to be "absolutely...

  • Tesla to cut hundreds more jobs in Musk cost push: report

    Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.Tesla last week reported a 55 percent drop in quarterly earnings to $1.1 billion, reflecting a decline in EV sales in a market with intensifying competition.

  • Trib Total Media: UPMC Cutting 1,000 Jobs

    Trib Total Media of Pittsburgh reports UPMC is cutting 1,000 jobs because of post-pandemic challenges. Vice President and Chief Communications Officer Paul Wood said the reductions will impact just over 1% of UPMC’s more than 100,000-member workforce systemwide. He said layoffs primarily are taking place among non-clinical, administrative staff who don’t deal directly with patients. […]

  • Report: Getir Faces Investor Pressure to Cut Costs and Restructure

    Getir, the Turkish grocery delivery company that soared in value during the pandemic, is reportedly grappling with the need to cut costs and restructure as demand for its services wanes. Investors are pushing for significant changes within the company, including asset sales and market exits, Bloomberg reported Thursday (April 18), citing unnamed sources. Getir did not immediately […]