job cuts

  1. Hanno Labuschagne

    Retrenched Twitter workers denied class-action lawsuit

    Retrenched Twitter workers denied class-action lawsuit Twitter Inc. won a ruling forcing a group of laid-off workers fighting the company over their severance packages to pursue their claims in individual arbitration rather than through a class-action lawsuit. Hundreds of workers who were laid...
  2. Hanno Labuschagne

    From Amazon to Twitter — these 18 US tech companies are cutting jobs

    From Amazon to Twitter — these 18 US tech companies are cutting jobs Tech companies are trimming staff and slowing hiring as they face higher interest rates and sluggish consumer spending in the US and a strong dollar abroad. The tech industry shed 9,587 jobs in October, the highest monthly...
  3. Hanno Labuschagne

    Elon Musk continues firing Twitter engineers that criticize him on Twitter

    Elon Musk continues firing Twitter engineers that criticize him on Twitter What began as the firing of two longtime Twitter Inc. engineers after they criticised their new boss has turned into a purge, as Elon Musk clamps down on internal and external dissent. In the past 24 hours, an estimated...
  4. Hanno Labuschagne

    Meta to begin retrenching thousands of staff this week — Report

    Meta to begin retrenching thousands of staff this week — Report Meta Platforms Inc. is planning to begin layoffs that will affect thousands of workers from this week, Wall Street Journal reported, citing people with knowledge of the matter. The job cuts could come as early as Wednesday, the...
  5. Hanno Labuschagne

    Twitter begins firing staff after Musk takeover

    Twitter begins firing staff after Musk takeover The emails started arriving in Twitter Inc. employees’ personal inboxes in the early morning hours Friday: “Today is your last working day at the company,” the message read. As people frantically refreshed their work and personal accounts to...
  6. Hanno Labuschagne

    How Ellies missed the load-shedding boat

    How Ellies missed the load-shedding boat Ellies was perfectly positioned to capitalise on load-shedding with its alternative energy products, but poor management crushed its chances of success, and it now has to retrench staff. On 26 September, Ellies notified staff that it would proceed with...
  7. Hanno Labuschagne

    Snap cutting 20% of workers

    Snap cutting 20% of workers Snap Inc. is planning to lay off around 20% of its nearly 6,500 employees following weeks of planning, The Verge reported. Job cuts will begin on Wednesday with the team working on Minis, small applications made by third-parties which run in the Snapchat app...
  8. Hanno Labuschagne

    These are the major tech companies trimming staff

    These are the major tech companies trimming staff With recession fears mounting — and inflation, the war in Ukraine and the lingering pandemic taking a toll — many tech companies are rethinking their staffing needs, with some of them instituting hiring freezes, rescinding offers and making...
  9. Hanno Labuschagne

    Oracle sheds jobs in US unit

    Oracle sheds jobs in US unit Oracle Corp. cut jobs in marketing and the US customer experience division, signalling a pullback in customer analytics and advertising services. Some workers were told Monday that their positions had been eliminated, according to four people with direct knowledge...
  10. Hanno Labuschagne

    Tesla taken to court for failing to give 2-month notice of retrenchments

    Tesla taken to court for failing to give 2-month notice of retrenchments Former employees at Tesla Inc. asked a federal judge to stop the electric-car maker from pursuing separation agreements with workers it’s laying off, saying it’s just a way to get them to surrender their legal rights...
  11. J

    Telkom to spend R1.5 billion on staff cuts

    Telkom to spend R1.5 billion on staff cuts The first phase of Telkom's current retrenchment process will cost the company R1.5 billion. Telkom made the announcement in a SENS notice this afternoon.
  12. Kevin Lancaster

    Microsoft to shed 18,000 jobs

    Microsoft to cut 18,000 jobs Microsoft said it would cut up to 18,000 jobs, or about 14 percent of its workforce
  13. Kevin Lancaster

    Microsoft to shed 1,000 jobs

    Microsoft to cut Nokia jobs Microsoft is planning to cut 1,000 jobs in Finland from its mobile phone unit
  14. Kevin Lancaster

    Microsoft planning job cuts

    Microsoft to cut jobs Microsoft is planning its biggest round of job cuts in five years
  15. jes

    Telkom to fire white, male employees first: report

    Telkom to fire white, male employees first: report Telkom has started the process of retrenching staff, and white, male employees are targeted in this process
  16. jes

    Telkom has turnaround plans

    Telkom has turnaround plans Telkom has big plans to turn the company around – which includes restructuring and retrenching many management staff members and specialists.
  17. QuintonB

    Telkom talks to unions about job cuts

    Telkom job cut plans Telkom has officially informed unions of its management job cut plans, with staff consultation set to start next week
  18. QuintonB

    Big changes expected at Telkom: report

    Job cuts, restructuring expected at Telkom: report Potential job cuts and the disposal of money-losing assets is looming at Telkom, Business Report reported on Tuesday.
  19. QuintonB

    It's sink or swim for Nokia, say observers

    Nokia job cuts, strategy shift a slow suicide – oberservers Nokia’s surprise announcement of massive new spending cuts and 10,000 more layoffs had observers cautioning the beleaguered mobile phone giant is at a crossroads that will determine if it sinks or swims.
  20. jes

    Ricoh to cut 10,000 jobs over three years

    Ricoh to cut 10,000 jobs over three years Japanese office equipment and digital camera maker Ricoh said Thursday it plans to cut 10,000 jobs worldwide over three years to turn around sagging business operations, media reports said.
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