Business
Google's parent company Alphabet announced Friday it will cut about 12,000 jobs globally, citing a changing economic reality as it became the latest US tech giant to enact large-scale restructuring.
Jan 20, 2023
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6
Business
Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday.
Nov 9, 2022
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5
Business
Shopify is cutting 10% of its staff, or about 1,000 employees, as the e-commerce company reckons with an unexpected sales downturn after a pandemic-fueled explosion.
Jul 26, 2022
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Robotics
Scientists from the Division of Mechanical Science and Engineering at Kanazawa University developed a prototype pipe maintenance robot that can unclog and repair pipes with a wide range of diameters. Using a cutting tool ...
Dec 8, 2021
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Business
Google employees who choose to work from home permanently may face pay cuts, according to a report by Reuters.
Aug 12, 2021
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139
Business
European aircraft maker Airbus said on Tuesday it is planning to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in response to the "gravest crisis" the industry has ever seen caused by the coronavirus.
Jun 30, 2020
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Business
General Electric announced Monday it will cut an additional 10,000 jobs from its aviation sector as the coronavirus pandemic decimates the industry, forcing companies to cancel orders.
May 5, 2020
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3
Business
Online travel giant Expedia will cut about 3,000 jobs after what the company described in a statement as "disappointing" performance last year.
Feb 25, 2020
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Automotive
German luxury carmaker Audi said Tuesday it planned to slash 9,500 jobs in Germany by 2025 as part of a massive overhaul to help finance a costly switch to electric vehicles.
Nov 26, 2019
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3
Business
Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.
Jul 12, 2024
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