Posti plans nearly 300 job cuts


by Yle Uutiset

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

ETtech.com—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...

CNBC—Tesla shares drop nearly 6% after Musk cuts about 500 jobs in Supercharger team. Tesla is continuing a sweeping reorganization and laying off some 500 employees from its Supercharger team.

WHNT.com—Boeing plans job cuts for SLS workers, NASA slowed Artemis launch schedule. The Space Launch System -- SLS -- program in Huntsville is facing slowdowns after NASA pushed back its Artemis II and III launches.