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Amazon.com’s layoffs will now stretch to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday. The layoff decisions, which Amazon will communicate starting January…
Standard Chartered will kick off a fresh round of job cuts, joining rivals that have resumed reductions amid an economically crippling coronavirus pandemic. The London-headquartered lender will cut several hundred jobs globally, according to a report citing…
Up to 10,000 jobs across HSBC are under threat as interim chief executive officer Noel Quinn plans to cuts costs. British multinational bank HSBC is set to embark on its largest cost-cutting exercise in years, and facing the ax are up to 10,000 high-paying…
Cisco has revealed plans to cut up to 5,500 jobs after reporting flat revenue for its full financial year a 2% decline in revenue for the fourth quarter. The networking vendor said it will restructure to cut costs in lower growth areas, and allow it to focus…
