#jobcuts

BUSINESS

General Motors lays off about 1,000 workers worldwide

Digital Desk - Nov 15, 2024

General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global car market. The workers, mostly...

BUSINESS

Microsoft to axe 10,000 jobs worldwide

Digital Desk - Jan 18, 2023

Microsoft is cutting 10,000 workers – almost 5% of its global workforce – in response to “macroeconomic conditions and changing customer priorities”. The technology giant...

NEWS

Robinhood cuts 23% of its workforce as fewer users trade

Digital Desk - Aug 3, 2022

Robinhood Markets has said it is cutting nearly a quarter of its workforce, as crashing cryptocurrency prices and a turbulent stock market keep more...