Meta Platforms Inc. has laid off an unknown number of employees in its Reality Labs division, a company spokesperson confirmed to The Verge on Thursday.The layoffs mostly pertained to teams in Oculus Studios, Meta's games division for Quest headsets, but also some employees within the...
Intel Corporation is preparing to announce significant job cuts this week, potentially reducing its workforce by more than 20%, according to an unnamed source familiar with the matter.The layoffs are allegedly a part of the chipmaker's ongoing efforts to restructure the company and boost...
Google LLC cut hundreds of jobs in its platforms and devices unit, which builds Android software, Chrome browser, and Pixel phones, The Information reported on Friday, citing a source briefed on the matter.In January, Google offered voluntary exits to all US unit employees after it decided to...
The United States Supreme Court (SCOTUS) blocked on Tuesday an order from a district judge in California to President Donald Trump's administration to scrap thousands of layoffs in government services.US District Court for the Northern District of California Senior Judge William Alsup previously ruled...
Deloitte is reducing its US workforce in government consulting and advisory roles, responding to federal pressure to trim project costs. Sources revealed to The Wall Street Journal on Thursday that the layoffs are linked to slower growth in certain sectors, changing government client demands,...
Stellantis NV is temporarily laying off about 5,400 workers as it halts production at two assembly plants in Canada and Mexico in response to new US tariffs targeting the auto industry. The move affects roughly 4,500 hourly employees at the Windsor Assembly Plant in Ontario and 900 US-based...
Job cuts in the United States came in at 275,240 in March, the third-highest monthly total ever recorded after April and May of 2020, Challenger, Gray & Christmas Inc. said in its report published on Thursday. The figure soared by 60% month-on-month and 205% year-on-year.Most of those – 216,215 –...
Stellantis agreed on Wednesday with trade unions for 350 voluntary job cuts at its Pomigliano and Pratola Serra plants in southern Italy.The deal targets employees nearing retirement and follows the company's previously announced plans to streamline operations in the country.According to the Fiom...
Health and Human Services Secretary Robert F. Kennedy Jr. plans to eliminate 10,000 federal jobs, consolidate agencies, and reshape the department's structure, the Wall Street Journal reported on Thursday.According to the report, combined with earlier voluntary departures, the move will reduce...
Chinese-owned British Steel Limited announced Thursday it may shut down two blast furnaces, steelmaking operations, and reduce rolling mill capacity in Scunthorpe, UK, citing financial unsustainability. The company will consult on three closure options, ranging from June 2025 to beyond September...
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