Indian-origin Vivek Ramaswamy warns he would fire 75% of govt employees if elected US President
World | September 14, 2023 14:07 ISTRamaswamy said, currently, presidents act like “puppets” who can’t implement policies.
Ramaswamy said, currently, presidents act like “puppets” who can’t implement policies.
Since the beginning of the epidemic, the company has reduced its employees by 17 per cent.
Byju's layoffs: The sales and marketing teams at the company are likely to bear the brunt most by this decision.
As of Tuesday night, more than 1,800 employees had pledged to walk out around the world, with about 870 in Seattle, according to Amazon Employees for Climate Justice.
The company had planned to build the campus about 20 miles (30 kilometers) from the giant Walt Disney World theme park resort, but Josh D’Amaro, chairman of the parks, experiences and products division, said in a memo to employees.
Amazon Layoffs: While announcing 9,000 job cuts, CEO Andy Jassy stated that the decision was based on ongoing priority analysis and economic uncertainty in an online note to employees.
The mobile advertising and digital publishing solutions provider has said that it envisions to hire 150 professionals in the current fiscal
Start up layoff crisis: Some believe that the layoff winter is likely to come to an end in the second half of 2023.
The development is part of a spree of layoff announcements by IT giants like- Microsoft, Google and Twitter. IT firms cut thousands of jobs in the last few months citing global slowdown post-Covid.
Dell and other hardware manufacturers have noticed a drop in demand following a pandemic-era PC boom. According to preliminary statistics from industry researcher IDC, personal computer shipments declined dramatically in the fourth quarter of 2022.
Amazon layoff news: In November 2022 too, Amazon reduced staff size by approximately 10,000, especially in the Devices and Books businesses, and also announced a voluntary reduction offer for some employees in its People, Experience, and Technology (PXT) roles.
Soon after the layoffs began, several Amazon employees took to LinkedIn and posted for new jobs, saying they have been asked to leave.
Amazon’s layoffs come just weeks after Twitter’s new owner billionaire Elon Musk reduced the social media’s workforce by half and Meta announced it will lay off 13 per cent of its workforce or 11,000 employees.
Intel CEO Pat Gelsinger, during the company's Q3 earnings call, said that we are responding to the current environment by taking aggressive actions to reduce costs.
Twitter buyout deal was earlier stalled by Elon Musk after he alleged the social media giant misrepresented the number of fake “spam bot” accounts on its platform.
Hong Kong flag carrier Cathay Pacific on Wednesday announced that it will eliminate 8,500 job posts, making 5,900 staff redundant, and shut one of its regional airlines with immediate effect in an effort to cope with the Covid-19 pandemic-induced fallout.
The Australian Financial Review (AFR) reports that Accenture CEO Julie Sweet, in an internal staff meeting streamed online in mid-August revealed that 5% of their global workforce can be asked to leave the company.
As part of the measures, a total of 4,500 to 5,000 positions in the entire KLM Group, part of Franco-Dutch airline Air France-KLM, will cease to exist. This means that the workforce will be reduced to around 28,000 full-time equivalents (FTEs) in the course of 2021 from the current 33,000 FTEs.
Wipro has no plans to lay off staff at the moment, said Chairman Rishad Premji on Monday asserting that the company has not laid off any employee due to the COVID-19 impact. The Chairman said this while responding to a shareholder at the 74th Annual General Meeting (AGM) which took place virtually.
In April, the French government has offered a 7-billion-euro ($7.91 billion) aid package to rescue Air France, whose planes have been grounded by virus lockdowns around the world.
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