laying

Boeing announced Friday that it plans to lay off about 17,000 employees, or about 10% of its workforce, as it faces a dismal third-quarter earnings report and ongoing damage from striking workers. Boeing's new CEO, Kelly Ortberg, shared…

(Reuters) - General Motors Co said it will begin laying off 1,695 workers at its Fairfax, Kansas, assembly plant in a reshuffle and training notice earlier this week. The first two rounds of layoffs will begin Nov. 18 and will include the…

British fashion company Burberry Group PLC is expected to cut hundreds of jobs, most of them in the UK, after a sharp fall in its share price, The Telegraph reported. The newspaper reported that employees were informed during a Zoom…

Israel trip planning application Moovit This evening employees reported a wave of layoffs. There will be layoffs across all departments of up to 20-25 employees, which represents 10% of the company's 225 employees.…

After replacing its CEO Tom Livne with Yair Amsterdam, Israeli captioning and transcription solutions company Verbit began laying off dozens of employees today including 20 in Israel. The company has 500 employees…

Internet networking pioneer Cisco Systems is jettisoning more than 4,000 employees, joining the parade of technology companies in a trend that has helped boost their profits and stock prices while providing a sobering reminder of the job…

Tarathip Kwankeeree Just as in 2023, layoffs have hit the tech sector in 2024. Tech firms are continuing to streamline costs, improve efficiencies and respond to a cooling labor market. The U.S. unemployment rate is at 3.7%, according…

About 200 of the company's 5,000-strong workforce are expected to be laid off. Software company Amdocs (Nasdaq: DOX) will lay off thousands of its 32,000 workforce…