Hiring activities have slowed down by 7 per cent in May compared to the same month…
Tag: cost-cutting
UK Telecoms Firm BT Group To Slash Up To 55,000 Jobs By 2030
BT, the British telecoms and television group, announced its intention to cut up to 55,000 jobs…
Oppo Is Pulling The Plug On Its Chip Design Unit. Here’s Why
Handset maker Oppo is pulling the plug on its chipset design subsidiary amid falling shipments and…
Rivian Beats Quarterly Revenue Estimates on Higher-Priced EV Sales
Last Updated: May 10, 2023, 06:16 AM IST Shares in Rivian, which also cut costs during…
IBM to Halt Hiring as AI Could Replace 7,800 Jobs, CEO Warns
Last Updated: May 02, 2023, 05:21 AM IST IBM did not immediately respond to a Reuters…
Twitter Lays Off At Least 50 To Cost Cuts, 8th Round Since October: Report
Last Updated: February 26, 2023, 16:31 IST In early November, Twitter laid off about 3,700 employees…
Ericsson To Cut 8500 Jobs, About 8% Of Its Total Global Workforce: All Details
Last Updated: February 25, 2023, 08:52 IST Ericsson provides equipment for high-speed 5G wireless networks. Swedish…