#WorkforceReduction
OpenText announces plans to lay off 1,200 staff while adding 800 positions, aiming for a ~1.7% workforce reduction. Anticipated annual expense cuts of ~CA$150M by FY2025. Restructuring for efficiency! #OpenText #WorkforceReduction #BusinessNews #CostCutting
July 5, 2024 at 12:29 PM
Intel is reportedly planning its largest workforce cut since 2007—a 20% reduction—to help it prepare for 2030s tech competition. The move includes exploring advanced chip production partnerships and asset sales. #Intel #WorkforceReduction #TechIndustry
April 23, 2025 at 3:22 PM
Bumble to lay off 30% of global workforce
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
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June 25, 2025 at 1:10 PM
Expedia announces plans to reduce workforce by approximately 1,500 roles this year, primarily affecting its Product & Technology division. With 17,100 employees at the end of 2023, these changes mark a significant shift for the company. #Expedia #WorkforceReduction #BusinessNews
February 27, 2024 at 4:42 AM
Trump Admin Accelerates Federal Workforce Cuts: 200K Probationary Workers Face Layoffs - #WorldEye

youtu.be/5zoYHHJlx4A

#FederalLayoffs #GovernmentCuts #ProbationaryWorkers #EPALayoffs #USDAJobs #WorkforceReduction #CivilServantCrisis
February 16, 2025 at 4:34 AM
Volvo Cars’ battery company Novo Energy to cut half of workforce
COPENHAGEN (Reuters) -Volvo Cars’ Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business in light of the bankruptcy of Sweden’s Northvolt, which originally co-owned the battery venture. A spokesperson for Novo Energy said the company would cut 150 jobs across the organisation. "Despite our best efforts to secure our business and an extensive ongoing search for a suitable new technology partner, the current economic challenges and market conditions have made it impossible to maintain our operations at the current scale," Novo Energy CEO Adrian Clarke said in a statement. Northvolt and Volvo (OTC:VLVLY) Cars initially formed Novo Energy in 2021 to build a dedicated battery factory in Gothenburg on Sweden’s west coast. The joint venture already in January launched cost-cutting measures, including cutting 30% of its staff. Novo Energy said on Monday that producing batteries with a new technology partner in the Gothenburg area of Sweden remained its primary long-term objective. It would continue limited operations while finalising the first phase of construction and continue to explore potential future scenarios that could allow it to resume activities at scale. Northvolt, once considered Europe’s best hope for a battery champion, filed for bankruptcy in March. Should you invest $2,000 in VLVLY right now? ProPicks AI are 6 model portfolios created by Investing.com which identify the best stocks for investors to buy now. The stocks that made the cut could produce monster returns in the coming years. Is VLVLY one of them?
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May 5, 2025 at 1:15 PM
Pakistan Steel Mills (PSM) has recently laid off 1,350 employees in a bid to alleviate its ongoing financial struggles.

#PSMRevival #WorkforceReduction #EconomicRestructuring #IndustrialChallenges #FinancialReform
February 26, 2025 at 9:17 AM
TripleLift cuts double-digit percentage of workforce in July restructuring #TripleLift #WorkforceReduction #CEOTransition #Restructuring #SupplySidePlatform
TripleLift cuts double-digit percentage of workforce in July restructuring
Supply-side platform reduces staff less than 20% following CEO transition.
ppc.land
July 15, 2025 at 5:34 AM
Eyeo appoints Douglas de Jager as CEO amid strategic privacy pivot #PrivacyFirst #AdTech #CEOAppointment #WorkforceReduction #DigitalPrivacy
Eyeo appoints Douglas de Jager as CEO amid strategic privacy pivot
Company cuts 40% of workforce while transitioning from ad-blocking to privacy-first advertising solutions.
ppc.land
August 3, 2025 at 10:03 AM
Amazon axes 14,000 managerial jobs—streamlining or just downsizing? #Amazon #CorporateRestructuring #TechLayoffs #BusinessNews #WorkforceReduction #CostCutting
Amazon slashes management layers—14,000 jobs cut in the name of efficiency
Amazon axes 14,000 managerial jobs—streamlining or just downsizing?
community.designtaxi.com
March 21, 2025 at 2:15 AM
GM announces significant workforce reductions in its EV and battery sectors, reflecting strategic shifts in response to evolving market dynamics. #GeneralMotors #ElectricVehicles #WorkforceReduction Link: thedailytechfeed.com/general-moto...
October 30, 2025 at 4:06 PM
The EPA is cutting 23% of its workforce, dissolving the Office of Research and Development. The move is set to save about $749M and create a new Applied Science and Environmental Solutions Office, amid concerns over environmental risk management. #EPA #EnvironmentalPolicy #WorkforceReduction
July 20, 2025 at 1:12 AM
Eyeo appoints Douglas de Jager as CEO amid strategic privacy pivot #PrivacyFirst #AdTech #CEOAppointment #WorkforceReduction #DigitalPrivacy
Eyeo appoints Douglas de Jager as CEO amid strategic privacy pivot
Company cuts 40% of workforce while transitioning from ad-blocking to privacy-first advertising solutions.
ppc.land
August 3, 2025 at 10:03 AM
AMD to lay off ~4% of its global workforce, about 1,040 employees, as it aligns resources with growth opportunities. According to its SEC filing, the company had 26,000 employees at the end of 2023. 🔻 #AMD #TechNews #Layoffs #WorkforceReduction #BusinessStrategy #GrowthOpportunities #TechIndustry
November 13, 2024 at 11:38 PM
Nuclear safety employees laid off by the US government last Thursday are being sought for rehire, but communication challenges are hampering the process. The...
https://www.bbc.com/news/articles/c4g3nrx1dq5o
#government #nuclearsecurity #workforcereduction #trumpadministration #federalemployment
February 16, 2025 at 9:11 AM
Teads cuts 15% of workforce after $900 million merger #Teads #Merger #WorkforceReduction #CostSavings #BusinessNews
Teads cuts 15% of workforce after $900 million merger
Company projects $40M in cost savings in 2025 as integration challenges slow growth expectations.
ppc.land
August 9, 2025 at 6:56 AM
HSBC to cut 10% of its workforce in France
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May 14, 2025 at 4:44 PM