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NEWS TAGGED LAYOFFS
Thursday 2 May 2024
Tesla cuts charging team, reportedly scales back Gigacasting innovation
Ongoing layoffs at Tesla have hit the EV maker's charging team.
Tuesday 23 April 2024
Tesla reportedly laying off 20,000 employees in response to declining deliveries in 1Q24
Besides launching a new wave of EV price-cut strategies in 2024, Tesla is also undergoing a global mass layoff, highlighting the severe sales challenges Tesla is facing in the Chinese...
Friday 19 April 2024
Google's personnel shake-up: money talks, but AI walks
Google's latest wave of staff cuts is reportedly primarily focused on the finance team
Thursday 18 April 2024
Toshiba cut 5,000 jobs to fuel digitalization and AI
Japan-based manufacturing giant Toshiba is undergoing a significant restructure following its delisting in December 2023.
Thursday 28 March 2024
Lenovo Taiwan is reportedly undergoing layoffs
Industry rumors suggest that a well-known Taiwanese branch of a Chinese company located in Nangang, Taipei, is undergoing layoffs, with speculation pointing directly at Lenovo.
Friday 15 March 2024
Google Taiwan boosts AI talent, operation expansion, and cybersecurity initiatives
Google has announced the expansion of an AI talent cultivation program in Taiwan, with plans to launch new hardware products there throughout 2024.
Tuesday 12 March 2024
Renesas delays pay raise and continues layoffs due to concerns about chip market
Japan-based automotive and industrial chip company Renesas has decided to push back a regular pay raise from April to October of this year.
Monday 4 March 2024
Over-reliance on Chinese market backfires: Omron set to lay off 2,000 employees in 2024
Japan's electronics and electrical equipment maker, Omron, has unveiled a significant organizational reform policy that targets a reduction of 2,000 employees in 2024, with 1,000...
Friday 1 March 2024
Sony's gaming business to lay off 8% of employees amidst weak PS5 sales
Sony Interactive Entertainment (SIE), the gaming subsidiary under the Sony Group, announced that it will lay off 900 employees, around 8% of SIE's total staff. The main reasons include...
Friday 1 March 2024
Something tricky this way comes as China's EV empire grows
The aggressive market capture tactics, employed by Chinese car manufacturers, present fresh challenges for the global electric vehicle (EV) industry.
Thursday 1 February 2024
US tech firms initiate January 2024 layoffs amid pivot toward AI investment
In the first month of 2024, US tech companies have begun announcing layoffs as a part of strategic adjustments. According to data from the Layoffs.fyi website, 25,000 tech employees...
Wednesday 24 January 2024
Gen AI boom leads to mammoth big tech job purge
In 2023, the rise of Generative AI triggered substantial workforce culls across tech titans Apple, Google, Amazon, and Meta.
Friday 12 January 2024
Amazon and Google undergo major workforce shake-up amid challenges in hardware sector
US tech titans Amazon and Google have initiated a new round of workforce restructuring.
Thursday 11 January 2024
Amazon's Twitch to cut 500 employees, about 35% of staff
Amazon.com Inc.'s livestreaming site Twitch is cutting 35% of its staff, or about 500 workers, Twitch chief executive officer Dan Clancy said in a blog post Wednesday morning. The...
Wednesday 13 December 2023
Layoffs resume, but businesses battle for AI talents
Despite recent job cuts, notably among US firms, businesses are still battling for AI talent, according to industry sources.