Alibaba bets on overseas e-commerce unit amid sluggish growth in China
The logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023.Costfoto | Nurphoto ...
Tag: Layoffs
Companies — profitable or not — make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting costs this ...
Cisco says it’s cutting 5% of global workforce, amounting to over 4,000 jobs
Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022.Adam Galica | CNBCCisco announced plans ...
Fearing social media backlash, companies are using all kinds of euphemisms to avoid being straightforward about layoffs. Beware ‘jargon monoxide’
Have you suffered an “involuntary career event” recently? Perhaps you were a casualty of “corporate outplacing,” the unfortunate, yet ostensibly ...
Snap to lay off 10% of global workforce, around 500 employees
Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee hearing on online child sexual exploitation at ...
Tech’s longtime highfliers are growing up by getting smaller
Visitors take photos in front of the Meta sign at its headquarters in Menlo Park, California, December 29, 2022.Tayfun Coskun ...
Microsoft lays off 1,900 workers, nearly 9% of gaming division, after Activision Blizzard acquisition
Microsoft will lay off around 1,900 employees in its gaming unit, or around 9% of headcount, according to a Thursday ...
Tech layoffs balloon in January as Wall Street rally lifts Alphabet, Meta, Microsoft to records
L-R: Mark Zuckerberg, CEO of Facebook, Satya Nadella, CEO of Microsoft, and Sundar Picahi, CEO of Google.Reuters | Getty Images ...
AI hiring frenzy to fuel layoffs in other tech segments as firms strive to balance costs
Stick figures image displayed on a laptop screen and a binary code displayed on a phone screen are seen in ...
Amazon’s latest layoffs hit its Buy with Prime unit
A worker delivers Amazon packages in San Francisco on Oct. 5, 2022.Bloomberg | Bloomberg | Getty ImagesAmazon is laying off ...
