First Citizens Bank announced on Wednesday it was cutting about 500 jobs of corporate Silicon Valley Bank …
Tag:
Layoffs
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International NewsMoneyNewsTech/AI
Vodafone plans to cut 11K jobs over next 3 years
by Norhan Adelby Norhan AdelMargherita Della Valle, CEO of Vodafone Group announced the company’s plans for cutting 11,000 jobs over the …
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Walt Disney Co will be starting its second wave of layoffs from Monday through Thursday, as part …
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FeatureInternational NewsMoneyNews
McDonald’s cuts pay for some employees
by Sama Mousaby Sama MousaMcDonald’s Corp. is cutting the pay for some of its employees as part of its restructuring according …
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FeatureInternational NewsMoney
McDonald’s shuts US offices temporarily, prepares layoffs
by Sama Mousaby Sama MousaMcDonald’s Corp. is temporarily closing down its US offices this week to prepare for informing employees of …
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International NewsNewsTech newsTech/AI
Microsoft lays off entire AI ethics team
by Nada Aliby Nada AliMicrosoft waved its entire ethics and society team within the artificial intelligence organisation as part of recent …
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BanksFinancial InstitutionsInternational NewsNews
Swiss UBS plans to cut up 20-30% of its workforce
by Nada Aliby Nada AliSwitzerland’s UBS Group AG, which recently acquired Credit Suisse, plans to reduce its workforce by 20-30 percent, …
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Meta is set to lay off 10,000 workers to cut costs, between $3 billion to $5 billion, …
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International NewsMoneyNewsTech newsTech/AI
FTC investigates Twitter privacy after Musk’s layoffs
by Norhan Adelby Norhan AdelThe Federal Trade Commission (FTC) said that it is investigating Twitter’s privacy practices, citing concerns that staff reductions …
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Swedish telecom equipment maker Ericsson announced that it will lay off about 8,500 employees globally to cut …