Layoffs

Paytm Reports ‘Slight Reduction’ in Workforce After Implementing AI

Paytm Reports ‘Slight Reduction’ in Workforce After Implementing AI
Paytm Reports ‘Slight Reduction’ in Workforce After Implementing AI
December 27, 2023  |  Business

FinTech firm Paytm has reportedly confirmed a “slight reduction” in its workforce while denying media reports that it could cut more than 1,000 roles. Get...

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Banks Slash 60K Jobs as Dealmaking and IPOs Decline
Banks Slash 60K Jobs as Dealmaking and IPOs Decline
December 26, 2023  |  Banking

The world’s biggest banks reportedly slashed more than 60,000 jobs in 2023. Get the Full Story Complete the form to unlock this article and enjoy...

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AI Can Replace ‘Work About Work’ Tasks, Business Survey Says
AI Can Replace ‘Work About Work’ Tasks, Business Survey Says
December 17, 2023  |  Artificial Intelligence

This year has seen a lot of sweeping predictions about AI’s impact on work. Get the Full Story Complete the form to unlock this article...

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Startups Slash Jobs as Funding Rounds Become Rare
Startups Slash Jobs as Funding Rounds Become Rare
December 14, 2023  |  Startups

A dearth of new funding rounds has reportedly triggered a wave of startup layoffs. Get the Full Story Complete the form to unlock this article...

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Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
December 11, 2023  |  Retail

Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. Get the Full...

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Navan Lays Off 145 Employees to Accelerate Move to Profitability
Navan Lays Off 145 Employees to Accelerate Move to Profitability
December 05, 2023  |  Spend Management

Corporate travel and expense management startup Navan has laid off 145 people. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Wells Fargo Job Cuts Could Cost Bank Nearly $1 Billion
Wells Fargo Job Cuts Could Cost Bank Nearly $1 Billion
December 05, 2023  |  Banking

Wells Fargo will reportedly incur greater-than-expected expenses from severances tied to recent job cuts. Get the Full Story Complete the form to unlock this article and...

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Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’
Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’
December 04, 2023  |  Personnel

Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. Get the Full Story Complete the form to...

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