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Tesla has laid off approximately 200 workers from its Autopilot team and closed an office in California. According to Bloomberg, the majority of those who were let go were hourly workers. AbbVie and Bristol Myers Squibb are trimming down their staff to the tune of 360 staffers on the West Coast. Microsoft has let go of additional 1000 employees as the software maker’s revenue is expected to slow, thanks to weaker sales of Windows licenses for PCs. “Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” a Microsoft spokesperson. Infarm is making a significant strategy shift and accelerating its drive towards profitability.The company is reducing the number of production sites that will impact over half the workforce.
The company is encouraging laid-off employees to apply for open positions within the company. Clear, the India-based fintech SaaS platform has joined the list of startups resorting to downsizing amid a decline in funding this year. The Kora Capital-backed startup laid off 200 employees, around 20% of its workforce across departments, including tech, product, sales, support team among others. Hard drive maker Seagate Technology plans to cut 8% of its global workforce, or about 3,000 employees, citing economic uncertainty and declining demand for its parts. German automotive supplier Schaeffler plans to cut 1,300 jobs, or 1.6% of its global workforce, as the sector grapples with the shift from combustion engines to electric vehicles. The workforce reductions come as the online used-car retailer faces economic slowdown and an uncertain future.
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After considerable thought, we have made the difficult but necessary decision to close our Massachusetts agency, including both home care and hospice, at Trinity Health Of New England At Home. WUSF is reporting on how distribution of the COVID-19 vaccine exposes inequities in Florida’s health care system. Below are resources to assist in assessing and reducing home healthcare workers' risks for workplace injury and illness. Ford Motor aims to lay off about 1,000 salaried positions in the US through a voluntary buyout program. The move comes as the company is trying to realign operations amid its electric vehicle transition. Zymergen, a chemical and bio-manufacturing company, is shutting down two programs, triggering a wave of lay-offs.
Royal Mail is set to lay off around 700 management jobs as part of cost-cutting plans. The management will start negotiations with unions over the proposed job losses. Edtech unicorn Unacademy has laid off around 600 employees, including its on-roll staff and contractual educators. The layoffs were part of the restructuring to cut costs amid an impending slowdown in venture funding and tightening of the overall economic environment. Ford Motor is laying off its salaried and contract employees and about 580 staff are affected.
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The large-scale layoffs began in mid-January, starting with R-Lab, the innovation arm of Didi, followed by ride-hailing, bike-sharing, and freight businesses. Tunisair plans to lay off approximately 1,000 of its employees for two or three years starting in 2022, as part of plans to ease financial difficulties at the state-owned Tunisian airline. Tunisair has been losing money every year since Tunisia’s 2011 revolution, prompting urgent demands to be restructured.
AT&T Inc plans to lay off more than 3,400 technician and clerical jobs across the country. The U.S. telecom and media giant also plans to permanently close over 250 stores, which would impact about 1,300 retail jobs. The job cuts are part of the company’s effort to focus on growth areas and address customer demand for some legacy products. US carmaker Ford Motor is to cut up to 8,000 jobs to reduce costs and intensify its focus on electric vehicles. The majority of the job cuts are expected to be among Ford’s salaried ranks in the United States, as well as the Ford Blue unit created in March to run the company’s internal combustion engine operations.
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The company’s software allows businesses to put together databases and spreadsheets on the cloud without using code. Nordstrom has reduced its workforce, including corporate operations, by 6,000 amid the economic decline of approximately 40% in sales. The company is permanently closing 16 full-line department store locations across the nation. Qantas Airways Ltd. recently cut up to 2,500 jobs, by outsourcing its ground handling operations to save more than $100 million. These outsourcing cuts come on top of 6000 layoffs revealed in June, bringing total job losses across the group to about 8500. 3M Co. the Post-it maker and diversified industrial company, is cutting about 3% of its global workforce, amounting to approximately 2,900 jobs, enabling the company to accelerate its restructuring plan.
GoodLife Fitness has let go of nearly 480 employees from 189 clubs across Canada due to COVID-19 restrictions cutting down on business. Vroom, an on-demand car buying and selling startup that has raised over $300 million in venture funding, has laid off more than 2700 of its staff. Swedish payments giant Klarna has laid off about 700 employees, or 10% of its workforce, citing Russia’s war on Ukraine and inflation. BBC Four and CBBC will end as linear TV channels over the next few years, described as “a blueprint to build a digital-first public service media organization”. Facebook parent Meta has canceled a contract with facility management vendor ABM Industries at its Silicon Valley headquarters.
It was the most-visited online marketplace and the most-downloaded shopping app in Russia in 2021. Around 75 percent of Bengaluru-based health tech business MFine’s personnel have been let off tin May. Facebook plans to reduce hiring as revenue growth slows and inflation concerns increase. Meta intends to stop or slow hiring for most midlevel and senior-level roles, after holding off on adding entry-level engineers.
It joins 23 other edtech companies that have let go of staff amid the global economic downturn. London-based used car marketplace Cazoo is leaving the European Union entirely, and will now only operate in the UK. The move will result in 750 job losses in addition to another 750 layoffs announced in June, meaning a total of 1,500 people leaving the company in 2022, representing 30% of its workforce. The world’s No.2 fashion retailer H&M will cut 1,500 jobs to reduce costs amid softening demand and a surge in the cost of living.
Apogee Enterrises is expected to reduce the company’s workforce by approximately 400 employees. The automotive manufacturing company is cutting 1800 jobs at its Windsor auto assembly plant. Formerly known as Fiat Chrysler the company has cited microchip shortage that has impacted not just the auto industry, but other industries as well, for the job cuts. The company said it would transition the Windsor Assembly Plant from two shifts to one. GoStudent, Europe’s first edtech unicorn, is laying off 200 employees — about 10% of its workforce. The Vienna-based startup is backed by investment giants like SoftBank, Coatue and Tencent.
J Sainsbury PLC will shut 200 cafes in a shake-up of its in-store dining which is set to impact. The recent restructuring move by the retailer is to keep control of the rising costs. The company is set to sack around two thirds of its 750 employees, including 350 in Israel.
The layoffs involved junior to senior employees in Baidu’s AI, mobile, cloud, and other technical departments. Pollen, a UK-based travel and entertainment technology company that brands itself as a tech-first company laid off a third of its workforce – about 200 people. The company creates travel experiences related to music events for people, and patterns with music festivals to drive bookings through its platform.
It’s the latest signal that companies across tech, many of which grew significantly over the early stages of the pandemic, are cutting back on staff growth as economic uncertainty looms. OhioHealth is eliminating 637 jobs, its biggest layoff ever, as part of a plan to drive improvements in patient care. Of the 637 jobs, 567 are in information technology, while the rest are in a unit called revenue cycle that handles such things as billing, coding and accounts receivable. Opel aims to cut up to 1,000 jobs in Germany, by the end of the year through partial retirement, early retirement or severance pay.
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