Feature Alibaba’s Daraz group announces layoffs Nada Ali Feb 27, 2024 0 Daraz Group, an Alibaba-owned e-commerce platform, has announced layoffs across the group in an effort to establish…
International News UK’s CMC Markets to shed 200 jobs Nada Ali Feb 5, 2024 0 UK’s CMC Markets Plc, a leading global provider of online retail and institutional platform technology, said on…
Banks Deutsche Bank to cut 3.5K jobs as profits fall Nada Ali Feb 1, 2024 0 Deutsche Bank is planning to cut 3,500 jobs after recording a net profit of 1.4 billion euros in the fourth quarter…
International News U.S. UPS to cut 12K jobs as ’24 revenue forecast declines Nada Ali Jan 30, 2024 0 U.S. United Parcel Service (UPS) company is planning to cut 12,000 jobs after it lowered its 2024 revenues forecast…
Feature X violates contract by failing to pay millions in bonuses Sama Mousa Dec 24, 2023 0 X violated contracts when it failed to pay millions of dollars in bonuses promised to its employees, a federal…
Tech/AI Meta to lay off employees in metaverse silicon unit Sama Mousa Oct 4, 2023 0 Meta is set to lay off employees in the metaverse silicon unit on Wednesday, informed sources told Reuters on…
Money Spotify to lay off 200 podcast division employees Yassmine Elbehnaihy Jun 6, 2023 0 Streaming company Spotify announced on Monday that it is laying off 200 of its podcast division staff in its second…
Banks First Citizens to cut 500 jobs Norhan Adel May 25, 2023 0 First Citizens Bank announced on Wednesday it was cutting about 500 jobs of corporate Silicon Valley Bank…
Tech/AI Vodafone plans to cut 11K jobs over next 3 years Norhan Adel May 16, 2023 0 Margherita Della Valle, CEO of Vodafone Group announced the company's plans for cutting 11,000 jobs over the period…
Money Disney is set to start a second wave of layoffs Yassmine Elbehnaihy Apr 24, 2023 0 Walt Disney Co will be starting its second wave of layoffs from Monday through Thursday, as part of the company’s…