Tag: job cuts
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Peloton layoffs: Headcount reduced by 11%, engineering teams impacted in cost-cutting move
Fitness technology company Peloton Interactive Inc. has reduced 11% headcount, with majority job cuts coming from engineering teams amid cost-cutting measures, Bloomberg reported citing...
Dow layoffs: Chemicals maker to slash 4,500 jobs amid sluggish demand — here’s what we know
Chemicals maker Dow announced that it will cut around 4,500 roles, or 13% of the company's total workforce, under a sweeping restructuring aimed at...
Tech layoffs in 2025: From TCS to Amazon — these IT firms laid off over 1,00,000 employees amid AI reshaping market
Amid artificial intelligence (AI) shaping the market, tech layoffs continue to hit workers across the world following a bruising year, in which over 100,000...
Text messages told employees they had been laid off: How Amazon’s job cuts unfolded
As Amazon started cutting 14,000 jobs, employees were informed that they had been relieved—through text messages.
According to a report by Business Insiderthe e-commerce giant...
UPS Layoffs: 34,000 workers laid off in first 9 months of 2025 amid turnaround efforts
United Parcel Service on Tuesday said it had eliminated 34,000 jobs this year to cut costs, as the firm posted better profits than the...
