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Starbucks layoffs: Coffee chain plans major changes as CEO Brian Niccol streamlines operations

Starbucks layoffs: Coffee chain plans major changes as CEO Brian Niccol streamlines operations

Starbucks is planning to lay off 1,100 employees across the globe. It comes as Chairman and CEO Brian Niccol streamlines operations to help the company run more efficiently, increase accountability, reduce complexity and ensure better

Meta Raises Executive Bonuses to 200% Over Layoffs and Cost-Cutting Measures

Meta Raises Executive Bonuses to 200% Over Layoffs and Cost-Cutting Measures

Meta's board authorizes a major executive bonus increase adding 200% on top of base salary which surpasses the previous 75% bonus level. According to official corporate documents from February 15 the company made this decision

Infosys layoffs: IT giant denies using intimidation tactics

Infosys layoffs: IT giant denies using intimidation tactics

Earlier this month, Infosys faced a backlash after it laid off more than 300 freshers. The people had undergone foundational training at the company's Mysuru campus but could not clear internal assessments, reported Mint. On

Marvel Rivals Becomes a Huge Success, but Developers Face Layoffs

Marvel Rivals Becomes a Huge Success, but Developers Face Layoffs

Marvel Rivals Is Big Success but Development Team Gets Laid Off Marvel Rivals hit it big in the gaming world, brown-nosing into an arena willing to accept the new competitor to Overwatch. The game is

Survival Strategy of SouthWest Airlines: 1,750 Corporate Jobs to be renounced this year

Survival Strategy of SouthWest Airlines: 1,750 Corporate Jobs to be renounced this year

The first ever significant layoffs were announced by the SouthWest Airlines on Monday as a part of financial pressures and strategic initiatives which will be made effective in the second half of the year before

Firms Plan to Cut Recruitment and Increase Redundancies Over Rising Costs

Firms Plan to Cut Recruitment and Increase Redundancies Over Rising Costs

Research indicates that every UK business plans to reduce workforce levels and put more expenses on services while saving training funds due to employment expense hikes. CIPD research shows companies will review their recruitment strategy

A Massive Harsh Layoffs: Trump 2.0 Fires Federal Employees via Team Meeting and Given 30 Minutes to Leave

A Massive Harsh Layoffs: Trump 2.0 Fires Federal Employees via Team Meeting and Given 30 Minutes to Leave

In an ambitious attempt to downsize the federal workforce, the Trump administration has dismissed more than 9,500 federal employees. Many received last-minute notifications via Microsoft Teams calls and an order to vacate their offices within

Employees express frustration as JPMorgan Chase layoffs begin after record profits

Employees express frustration as JPMorgan Chase layoffs begin after record profits

Managers at JPMorgan Chase are notifying employees of job cuts, according to people holding close information about the matter. It is part of a series of layoffs the prominent bank is planning to make throughout

Meta Announces 4,000 Layoffs as Part of AI-Driven Restructuring 

Meta Announces 4,000 Layoffs as Part of AI-Driven Restructuring 

Meta announced its layoff of 4,000 employees citing the need to align with its newly increased AI-driven goals. This is part of a larger restructuring program of the company during which it proceeds with reorganizing

Chevron Announces Massive Layoffs, Slashing up to 20% of Workforce

Chevron Announces Massive Layoffs, Slashing up to 20% of Workforce

“Chevron is taking action to simplify our organizational structure, execute faster and more effectively and position the company for stronger long-term competitiveness” said the Vice Chairman, Mark Nelson. On Wednesday, Chevron Corporation announced their upcoming