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…
Money McDonald’s cuts pay for some employees Sama Mousa Apr 10, 2023 0 McDonald’s Corp. is cutting the pay for some of its employees as part of its restructuring according to the Wall…
Money McDonald’s shuts US offices temporarily, prepares layoffs Sama Mousa Apr 3, 2023 0 McDonald’s Corp. is temporarily closing down its US offices this week to prepare for informing employees of its…
International News Microsoft lays off entire AI ethics team Nada Ali Apr 2, 2023 0 Microsoft waved its entire ethics and society team within the artificial intelligence organisation as part of…
Banks Swiss UBS plans to cut up 20-30% of its workforce Nada Ali Apr 2, 2023 0 Switzerland’s UBS Group AG, which recently acquired Credit Suisse, plans to reduce its workforce by 20-30 percent,…
International News Meta to lay off 10,000 workers once again Yassmine Elbehnaihy Mar 15, 2023 0 Meta is set to lay off 10,000 workers to cut costs, between $3 billion to $5 billion, as the company’s economic…
Money FTC investigates Twitter privacy after Musk’s layoffs Norhan Adel Mar 9, 2023 0 The Federal Trade Commission (FTC) said that it is investigating Twitter’s privacy practices, citing concerns that …