Maria SantosStartups
Uber to Cut 3,300 Jobs in Global Push Toward Robotaxis
The ride-hailing company is shedding 10 per cent of its workforce and flattening management to fund a US$10 billion deployment into driverless vehicle networks.
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layoffs
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Stories tagged layoffs
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Rajiv MenonFinance
KPMG Australia Cuts Almost 400 Jobs as Consulting Revenue Plunges 17 per Cent
A 5 per cent workforce reduction follows a whistleblower inquiry into confidential client data misuse and a sharp drop in advisory demand.
Sarah ChenLiving
Record-Breaking 5-Year High: Q2 Layoffs Surge in Singapore Amid Business Restructuring
Between April and June of this year, Singapore experienced a significant wave of layoffs, with approximately 4,500 workers losing their jobs. This figure represents the highest rate of retrenchment in over five years, showing a 17% increase from the prior…
Sarah ChenGeneral
Job Cull at Meta: 8,000 Layoffs Loom as Zuckerberg Pioneers AI Leadership Clone
Many employees at Meta are expected to face job losses, with the first wave of layoffs beginning on May 20, potentially affecting as many as 8,000 roles. However, this initial round of job losses only signifies the start of a broader restructuring effort.…