Search results
Results From The WOW.Com Content Network
Companies such as Meta, Microsoft, BlackRock, and Chevron are conducting layoffs. Artificial intelligence is reshaping some workforces. See the list of companies letting workers go in 2025.
Finance and human resources software company Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%.. Workday CEO Carl Eschenbach said in a note to employees ...
It is unclear how many people will be affected by the layoffs, but in September 2024, Meta employed around 72,000 people, so a 5% reduction could reduce staff by roughly 3,600 jobs, Bloomberg ...
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.
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 layoffs come at a time when the human capital management industry has grappled with slower spending by enterprise clients as high interest rates have pressured tech budgets. Workday expects to ...
The layoffs will result in annualized cost savings of around $200 million by the end of September 2025. "As we carry out our plan, it's important to bear in mind why we're making these difficult ...
Rather, the layoff will affect corporate support roles, which, combined with other non-store roles in store development, roasting, manufacturing, warehousing, and distribution operations, account ...