Lagenda Properties Bhd reported its strongest first half yet, with record unbilled sales of RM1.75 billion and nearly 4,000 acres…
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Disney TV Reorganization Threatens Hundreds of Layoffs Under New CEO
Disney’s television business is undergoing a sweeping reorganization that could eliminate hundreds of jobs, according to insiders. The plan, led…
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Tech Layoffs Hit 33,281 in October, Highest Monthly Toll Since 2003
Tech layoffs surged nearly sixfold in October to 33,281, the highest monthly total since 2003, according to Challenger, Gray &…
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30 workers face layoffs as IKEA-owned Saluhall sheds its UK operator
Up to 30 workers at San Francisco’s Saluhall food hall face layoffs Dec. 1 as UK operator Kerb Food ends…
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Ontario received advance warning before Stelco axed 350 Hamilton steel jobs
Hamilton’s steel sector suffered a major blow as Stelco announced Monday it will idle its Hamilton operations indefinitely, cutting more…
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Kaiser slashes 147 California administrative jobs as patient-care costs climb
Kaiser Permanente will cut 147 administrative positions across California, with layoffs effective November 20, according to state filings. The Oakland-based…
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Verizon slashes 13,000 jobs to fund artificial intelligence overhaul
Verizon confirmed this week it will eliminate more than 13,000 jobs, exceeding 13% of its workforce, as CEO Dan Schulman…
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Biotech pioneer Genentech slashes 103 research jobs at flagship campus
Genentech will permanently cut 103 jobs at its South San Francisco headquarters, effective July 29, according to a state filing.…
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ETS Slashes 757 California Jobs as State Testing Moves to Rival
Educational Testing Service will cut 757 California jobs by Dec. 31, ending constructed-response scoring for state exams including ELPAC, CAST,…
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Sam Altman Accuses Tech Giants of Blaming AI to Mask Routine Layoffs
Sam Altman accused unnamed tech firms of “AI washing” to mask planned layoffs, speaking Thursday at the India AI Impact…
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