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Job cuts are continuing into 2025 following waves of reductions last year. Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs. See the list of companies letting workers go ...
The 2025 United States federal hiring freeze is a policy instituted by a presidential memorandum signed by President Donald Trump on January 20, 2025, on the first day of his second administration immediately instituting a hiring freeze on federal employees. [1]
February 5, 2025 at 5:55 PM Finance and human resources software company Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%.
Meta kicked off 2025 with big changes following a big year for the company.. In the first weeks of January, it overhauled its content moderation system, nixed DEI programs, and announced layoffs.
Workday is cutting about 1,750 jobs, or 8.5% of its workforce. In a Wednesday memo to employees, published in a securities filing, Workday CEO Carl Eschenbach said the layoffs were necessary for ...
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
The media and entertainment industry's reckoning will continue in 2024 with more layoffs ... around $200 million by the end of September 2025. ... be the largest since the company went public in ...
Starbucks plans to announce corporate layoffs by early March. Brooke DiPalma. January 17, 2025 at 5:26 PM. Starbucks is eliminating jobs as CEO Brian Niccol focuses on its Back to Starbucks plan.