Swiss banking behemoth UBS will initiate five-stage layoffs starting in June as part of its cost-cutting programme …
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Layoffs
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BanksFeatureInternational NewsNews
HSBC plans to cut another 20 jobs in Asia
by Nada Aliby Nada AliHSBC is reportedly expanding its investment banking job cuts in Asia, with plans to eliminate an additional …
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
Tesla global job cuts reach US, China
by Nada Aliby Nada AliTesla confirmed a major global workforce reduction, impacting employees in sales, technology, and engineering across the company’s …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Alibaba’s Daraz group announces layoffs
by Nada Aliby Nada AliDaraz Group, an Alibaba-owned e-commerce platform, has announced layoffs across the group in an effort to establish …
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UK’s CMC Markets Plc, a leading global provider of online retail and institutional platform technology, said on …
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BanksFeatureInternational NewsNews
Deutsche Bank to cut 3.5K jobs as profits fall
by Nada Aliby Nada AliDeutsche Bank is planning to cut 3,500 jobs after recording a net profit of 1.4 billion euros …
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International NewsNews
U.S. UPS to cut 12K jobs as ’24 revenue forecast declines
by Nada Aliby Nada AliU.S. United Parcel Service (UPS) company is planning to cut 12,000 jobs after it lowered its 2024 …
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FeatureInternational NewsNewsTech newsTech/AI
X violates contract by failing to pay millions in bonuses
by Sama Mousaby Sama MousaX violated contracts when it failed to pay millions of dollars in bonuses promised to its employees, …
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International NewsNewsTech newsTech/AI
Meta to lay off employees in metaverse silicon unit
by Sama Mousaby Sama MousaMeta is set to lay off employees in the metaverse silicon unit on Wednesday, informed sources told …
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Streaming company Spotify announced on Monday that it is laying off 200 of its podcast division staff …
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