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Keywords: Layoffs


Meta plans workforce reduction to boost performance levels

Meta is set to reduce its workforce by approximately 5%, targeting underperforming employees as part of its operational strategy, according to BBC reports. The move could impact around 3,600 positions from the company's global workforce of 72,000. In a staff memo, CEO Mark Zuckerberg detailed the......

Intel to Slash Workforce by 15,000 in Strategic Overhaul

In a dramatic pivot, Intel has announced a significant reduction in its workforce, shedding 15,000 jobs, amounting to over 15% of its current employees. In a memo dispatched to employees on Thursday, the tech giant disclosed this substantial workforce cut as part of a broader strategy to reduce expenditures......

Sony Interactive Entertainment Overhauls PlayStation Division, Announces Layoffs

In a seismic move that has sent shockwaves through the gaming community, Sony Interactive Entertainment (SIE) has announced a significant restructuring of its acclaimed PlayStation division, resulting in the termination of approximately 900 jobs, equating to eight percent of its global workforce. The......