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Amazon axes hundreds of jobs in cloud computing division

The tech giant is set to lay off workers in its Amazon Web Services unit as part of a restructuring strategy.

04/04/2024

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Amazon drops $1.4 billion bid for iRobot amid disagreements with EU regulators threatening to block the deal in 2022.

29/01/2024

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What’s behind the latest wave of tech worker layoffs?

Multiple tech companies have announced layoffs this month, prompting worker outrage and frustration, but should tech expect the same number of cuts as last year?

25/01/2024

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Almost 3,000 jobs to be cut as UK’s largest steelworks goes green

Indian-owned firm Tata Steel plans to close both of its blast coal powered furnaces in south Wales to focus on more eco-friendly production.

19/01/2024

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CEOs fear companies won't last 10 years in the face of AI, study finds

More CEOs fear their companies won't survive 10 years as pressures from challenges like AI grow, a new survey found.

16/01/2024

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Google has laid off hundreds of staff. What now for the tech market?

Tech giants have been increasingly laying off their employees, reaching a peak in January of last year. With Google now announcing hundreds of job cuts, what is the tech market outlook for 2024?

12/01/2024

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Jobs at risk as eurozone construction sector continues to struggle

Construction firms are looking to cut costs in the face of inflationary pressures and a prolonged fall in demand.

06/12/2023

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Telefónica to cut 5,100 jobs in Spain by 2026

The company told the unions about the plan as it attempts to curb spending.

04/12/2023

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Nokia axes up to 14,000 jobs in telecoms slowdown

Finnish company Nokia is letting go of at least 10% of its staff, following disappointing third quarter results. The telecoms sector is experiencing decreased activity globally, resulting in thousands of job cuts.

19/10/2023

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Rolls-Royce to cut up to 2,500 jobs worldwide

Rolls-Royce said it is building a company "fit for the future".

17/10/2023

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LinkedIn cuts more than 600 workers, about 3% of workforce

Several technology companies have cut jobs this year amid economic uncertainty.

17/10/2023

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27% of jobs highly vulnerable in AI revolution, OECD says

The OECD has recently announced that 27 per cent of jobs in major countries rely on skills that could be easily automated amid the AI revolution.

13/07/2023

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Nearly 80% of women's jobs are under threat from generative AI

According to new research, a disproportionate number of jobs held by women are at risk of automation due to the emergence of generative AI.

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06/04/2023

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Twitter lays off more staff, including ‘hardcore’ Elon Musk loyalists

Elon Musk has slashed Twitter’s workforce by nearly three-quarters since he took over the social media platform last year.

27/02/2023

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Google cuts 12,000 jobs as tech industry layoffs intensify

The news comes days after rival Microsoft said it would lay off 10,000 workers.

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Musk to fire ‘half of Twitter staff’ and end working from home

The latest news from Elon Musk's Twitter takeover.

03/11/2022

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Summer travel at risk as Europe's airports face mass staff shortages

Labour shortages and strikes have already caused disruption in London, Amsterdam, Paris, Rome and Frankfurt this spring.

22/06/2022

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UK chipmaker Arm to axe up to 15% of staff after Nvidia deal collapse

The UK chipmaker is set to cut hundreds of jobs after its $40bn (€36 billion) sale to US chipmaker Nvidia was called off last month.

15/03/2022

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Nokia to cut 10,000 jobs to ramp up on 5G aspirations

The 10 per cent reduction in its workforce aims to reduce costs by €600 million by 2023. The company did not specify in which countries job cuts would be carried out.

16/03/2021