layoffs

JHVEPhoto/iStock Editorial via Getty Images Update: The story has been updated with a statement from ByteDance. ByteDance (BDNCE) has confirmed that it will lay off some employees at its Indonesian e-commerce units Tokopedia and…

(Reuters) - Tesla CEO Elon Musk said on Friday that the company will spend more than $500 million this year to expand its fast charging network, days after the employees who were running the company were abruptly laid off.“Just to…

VIENNA (Reuters) -Layoffs under Swiss banking giant UBS's cost-cutting programme announced after its takeover of Credit Suisse will take place in five waves this year starting in June, newspaper SonntagsZeitung reported on Sunday. UBS…

According to Fortune, Binance.US is facing significant challenges, including forced layoffs and a decline in revenue, following legal actions initiated by the U.S. Securities and Exchange Commission (SEC). In newly released…

Have you suffered an “involuntary career event” recently? Perhaps you were a casualty of “corporate outplacing,” the unfortunate, yet ostensibly necessary result of your company “rightsizing.” Managers are running out of ways to say you no…

So, how are both occurring at the same time? It’s not as contradictory as it might seem. Recent job cuts have been concentrated mainly in just a few sectors: technology, finance and media. Relative to the U.S. labor force of 160…

Block Inc., a fintech company co-founded by former Twitter CEO Jack Dorsey, has laid off some of its employees, making it the second time in two months that the company is cutting down on its workforce. The cuts are in line…

Google Israel will begin laying off employees in the coming few days, including senior executives, sources close to the company have told "Globes." Google currently has 2,000 employees in Israel including 250 in the…

Implementation of the latest round of layoffs at Google began in the US at the end of last week. "The New York Times" and "The Verge" reported that at least 1,000 employees from various departments, including engineering…

The expected layoffs worldwide follow greater use of AI tools in marketing but it is unclear to what extent the tools can replace Hebrew-speaking employees. As…