#job cuts

Salesforce

Salesforce cuts more jobs after 10% reduction earlier this year

The company plans to reduce headcount by about 8,000 people by the end of fiscal 2024

BT

BT announces plans to cut up to 42% of jobs by 2030

Chief executive officer Philip Jansen has been quietly shrinking the workforce over the last five years as he works to grow profit

Vodafone

Vodafone to slash 11,000 jobs in new CEO’s turnaround plan

Margherita Della Valle said she would reallocate resources to focus on quality service that customers expect and grow the Vodafone Business unit

Amazon

Amazon starts round of layoffs in AWS cloud services division

The company is axing 27,000 mostly corporate positions after a hiring spree during the pandemic left the company with too many people

Walt Disney

Disney begins second round of job cuts, affecting thousands

Disney’s latest job reductions are part of chief executive officer Bob Iger’s ambition to save $5.5bn in annual costs

Meta

Meta prepares more layoffs across Facebook, WhatsApp, Instagram

The move is part of a cost-cutting push that will eventually whittle away 10,000 positions at the company

Apple job cuts

Apple to make minor job cuts in some corporate retail teams

The iPhone maker is cutting jobs in its development and preservation teams, groups that are responsible for the construction and upkeep of its retail stores

Accenture

Accenture to cut 19,000 jobs globally

The company’s job cuts make up about 2.5 per cent of its workforce

Meta

Meta starts next round of layoffs with 1,500 jobs in recruiting, HR

The first wave of cuts were explained to Meta executives Thursday morning

Waymo

Alphabet’s Waymo cuts 8% of staff after second round of layoffs

The company confirmed its staff reduction, saying it eliminated some engineering roles and rebalanced its headcount

Twitter job cut

Twitter cuts more engineering, product jobs to curb costs

Some employees learned they were laid off via an email, and others tweeted that they learned they were terminated when they could no longer log into the internal system

Zappos

Amazon subsidiary Zappos lays off around 20% of staff

The company’s spokesperson Laura Davis stated that the cuts were part of regular business planning

Daraz

Alibaba’s Daraz fires 11% of staff as layoffs rock startups

The Pakistani company, which Alibaba acquired in 2018, has quintupled active shoppers to more than 15 million over the past five years

Dell

Dell to cut about 6,650 jobs, battered by plunging PC sales

The reductions amount to about 5 per cent of the company’s global workforce

Autodesk

Autodesk cuts about 250 jobs, joining flurry of tech layoffs

The cuts amount to less than 2 per cent of the company’s global workforce

Kraken

Crypto exchange Kraken shuts Abu Dhabi office, lays off 8 employees

The exchange has suspended support for transactions in the UAE’s currency, but clients in the region will still be able to use other products and services

Chainalysis

GIC-backed Chainalysis cuts jobs in latest crypto layoffs

The spokesperson said the cuts are part of a wider reorganisation

Pinterest

Pinterest joins tech giants in layoffs, slashes 150 jobs 

The company had about 4,000 employees as of the end of the third quarter

IBM

IBM to cut about 3,900 workers, still hiring in ‘higher growth’ areas

The company’s current headcount is 260,000

spotify

Spotify seen cutting staff as soon as this week to cut costs

The music streaming giant has about 9,800 employees, according to its third-quarter earnings report

Microsoft

Microsoft plans 10,000 job cuts, will take $1.2bn charge

The layoffs come as the software giant said it’s seeing customers exercise caution, with some parts of the world in recession

Amazon cuts 18,000 jobs

Amazon to slash more than 18,000 jobs

The reduction is concentrated in the firm’s corporate ranks, mostly Amazon’s retail division and human resources functions like recruiting

careem now

Dubai’s Careem cuts 536 jobs, Uber Eats to stop Saudi operations

Dubai-based Careem also suspended a portion of its public transit offerings

Abu Dhabi’s ADIB looks to save Dhs500m by cutting jobs, shutting branches – report

Abu Dhabi Islamic Bank is reportedly planning to close local and international branches