The Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify the number of employees impacted nor the teams involved. The layoffs follow a slew of job cuts across Google, and the tech and media industry this year, adding to fears that layoffs may continue as companies grapple with economic uncertainty. Employees across several of Google' teams in its real estate and finance departments have been...
An SEC filing made by Take-Two reveals that it expects the cost-cutting efforts, which it calls "rationalizing its pipeline" and "streamlining its organizational structure," to incur costs of up to $200 million, including $35 million from employee-related costs and $140 million from canceled projects. There are also $15 million toRead Entire Article
Google is laying off more employees and restructuring some teams.Several teams across Google's finance and real estate units have been affected, according to two current employees, who said staff had been informed of the cuts this week. One said that the affected teams in finance include Google's Treasury, Business Services, and Revenue Cash Operations teams.It's unclear if other parts of the company are affected or how many roles have been cut. One current employee said the changes were "pretty...
A new report says Tesla has sent a memo to employees stating it plans to lay off over 10 percent of its total global workforce. The electric car maker has seen its sales go down in recent months.
In February, Nike announced it would cut 2% of its global workforce in a restructuring, but did not indicate how many of the cuts would be local.
Tesla, Austin's largest private employer, is reportedly laying off a tenth of its workforce potentially dealing a blow to Austin's economy after early figures i
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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 […]
Google is laying off an unspecified number of employees and shifting some roles to other countries as part of a continuing effort to cut costs. The employees will be able to apply for other roles at the company and some of the impacted roles will move to hubs in India, Chicago, Atlanta and Dublin, a Google […]
Toshiba Corp is considering cutting thousands of workers in Japan as part of efforts to reduce costs and improve business efficiency, sources familiar with the matter said Wednesday. The job cuts, mainly targeting the company's back-office departments, are expected to be included in its business strategy due to be announced
Take-Two Interactive joins the list of companies laying off employees as it undertakes cost-reduction measures, including canceling projects.
Sikorsky plans on laying off workers due to the U.S. Army’s recent decision to cancel the Future Attack Reconnaissance Aircraft program, a spokesperson said. The layoffs will impact workers in the Sikorsky business segment. A spokesperson told NBC Connecticut that amounts to less than 1% of parent company Lockheed Martin’s workforce. “We intend to retain as many roles as possible