Fri, Sep 13, 2024
Samsung Electronics, the world's largest maker of smartphones, TVs, and memory chips, is planning to cut up to 30 percent of its overseas staff in certain divisions, according to . The company has instructed its subsidiaries worldwide to reduce sales and marketing staff by about 15 percent and administrative staff by up to 30 percent, with the plan expected to be executed by the end of the year. The job cuts will impact positions across the Americas, Europe, Asia, and Africa. However, it is not clear how many employees will be affected and which countries and business units will be most impacted.
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Mon, Jan 23, 2023
Spotify Technology is planning layoffs in an effort to cut costs, and it may announce this week. The company laid off 38 people from its Gimlet Media and Parcast podcast studios in October, as well as podcast editorial employees in September.
Wed, Jan 18, 2023
With the expected layoffs, Microsoft would join Amazon.com Inc and Meta Platforms Inc in conducting retrenchment exercises due to slowing demand and a worsening global economic outlook
Tue, Dec 20, 2022
China's Xiaomi Corp has started laying off workers in several units of its smartphone and internet services business
Wed, Nov 23, 2022
According to Axios, more than 3,000 jobs have been cut till October this year in the media industry, and more are on the way. Warner Bros Discovery has continued to lay off employees amid slowdown.
Thu, Nov 17, 2022
As Big Tech goes through the layoff season, e-commerce giant Amazon has confirmed job losses at the company, saying that in the current macroeconomic environment, some teams are "making adjustments" amid "consolidation of some teams and programs"
Tue, Aug 16, 2022
Will Google lay off employees? Yes, recently Google has given a decree to its employees through a notice that now if the results are not found better, then the employees will be retrenched.
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