Netflix is preparing to cut approximately 5% of its global workforce, potentially resulting in around 800 redundancies, according to reports in the United States. The streaming company is understood to […]

Staff told council that failing to approve the proposed tax-rate increase would require additional cuts; one memo scenario equates $75M of additional reductions with roughly 171 positions and staff said combined scenarios could affect ~270 positions across two years.

Oracle's 2026 annual report contains something unusual for corporate filings: a direct, on-record disclosure linking AI deployment to mass workforce reduction — with a warning that more cuts are comin

Channel 4 has confirmed plans to cut around 340 roles – approximately 28% of its workforce – as part of a major transformation programme designed to redirect more of its […]

Uber, the global ridesharing giant, announced a significant restructuring initiative that includes laying off approximately 10% of its workforce, equivalent to around 3,300 employees. This decision aims to streamline operations by reducing management layers, eliminating redundant roles, and redirecting investment toward core areas such as ridesharing, delivery services, and the development of robotaxis. CEO Dara Khosrowshahi outlined these changes in an internal email shared publicly, emphasizing a shift from traditional business models to more innovative ventures. The restructuring also involves consolidating departments like engineering, science, and delivery operations, while phasing out remote work arrangements entirely. Critics argue that the layoffs reflect broader corporate strategies to cut costs and prioritize short-term profitability over long-term growth. Comments from readers highlight concerns about AI replacing human roles and the potential impact on customer experiences, such as delivery inefficiencies. Despite these challenges, Uber remains focused on expanding its ecosystem through technological advancements, positioning itself for future market dominance in transportation and logistics.

Workforce reduction carries $7 million to $9 million in exit charges and runs into Q3 2027. Executive pay falls 10% to 20%. Which products survive the reset?

Workforce reduction carries $7 million to $9 million in exit charges and runs into Q3 2027. Executive pay falls 10% to 20%. Which products survive the reset?

Workforce reduction carries $7 million to $9 million in exit charges and runs into Q3 2027. Executive pay falls 10% to 20%. Which products survive the reset?

Workforce reduction carries $7 million to $9 million in exit charges and runs into Q3 2027. Executive pay falls 10% to 20%. Which products survive the reset?

Major advertising group eliminates 8% of international workforce after recording substantial impairment losses following earnings announcement on August 14.

Company projects $40M in cost savings in 2025 as integration challenges slow growth expectations.

Global advertising giant reduces headcount by 7,000 as financial pressures mount.

Company cuts 40% of workforce while transitioning from ad-blocking to privacy-first advertising solutions.

Supply-side platform reduces staff less than 20% following CEO transition.

Microsoft announces substantial workforce reduction affecting less than 4% of global staff.

Microsoft announces substantial workforce reduction affecting less than 4% of global staff.