job cuts

Washington: US e-commerce major Walmart Inc’s job cuts at five US e-commerce fulfilment centers will affect more than 2,000 positions, citing regulatory filings news agency Bloomberg reported on Tuesday. This move will impact Walmart’s…

San Francisco: Entertainment giant Disney said it was laying off 7,000 employees, in CEO Bob Iger's first major decision since he was asked back to lead the company late last year. The layoffs follow similar moves by the US tech giants…

New Delhi: Communications technology firm Zoom will lay off some 1,300 employees or 15 per cent of its workforce, chief executive Eric Yuan said in the company's official blog on Tuesday. Calling the affected employees "hard-working,…

New York: US employers in the technology sector cut nearly nine times more jobs in May than in the first four months of the year as rising inflation and slowing demand force companies to cut corners. Though overall layoffs in the country…