Roomba vacuum maker iRobot to lay off 7 percent of workforce
Robot vacuum cleaner maker iRobot has announced to cut around 7 percent of its workforce or about 85 employees. The maker of Roomba robot vacuum had 1,254 employees as of…
Stellantis to Shutter Illinois Plant Indefinitely
The move will affect 1,350 employees who will be indefinitely laid off at the Belvidere, Illinois, plant. IMAGE: Getty Images Stellantis announced plans to shutter its Illinois plant in February…
CARS24 now says will hire over 500 after layoffs
After slashing around 600 jobs last year, pre-owned vehicle platform CARS24 said it will hire more than 500 employees across verticals in the next 3 months. The company said it…
President Joe Biden ‘personally’ understands impact of layoffs on family: White House
With massive tech layoffs hitting Indians in the US, the White House has said that President Joe Biden “personally” understands how losing a job impacts a family. In the last…
IBM cuts 3,900 jobs, misses annual cash target
IBM’s 2022 cash flow was $9.3 billion IBM Corp announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations…
Get prepared for deeper layoffs in 2023, predict business economists
Deeper layoffs are coming in 2023 as most business economists have predicted that their companies will cut payrolls in the coming months, media reports said. According to a report in…
Spotify to Lay Off Workers This Week as Job Cuts in Technology Sector Continue
Spotify Technology SA is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms…
Carvana Lays Off More Workers
The Arizona-based online used-car retailer is also freezing unfilled positions and cutting employee hours without publicizing the measures. IMAGE: ArtisticOperations Carvana is laying off more employees as part of cost-cutting…