HJBC Amazon (NASDAQ:AMZN) is reducing its headcount by more than 17K employees, according to the Wall Street Journal. Citing people familiar with the matter, the outlet reported that the tech giant is due to concentrate staff cuts on its devices business, recruiting and retail operations. The company was previously projected to cut about 10K roles, … Read more
Software company Salesforce Inc on Wednesday said it plans to lay off about 10 per cent of its employees as part of a restructuring. The company said it is facing an economic downturn as it hired too many people. In a letter to employees, Salesforce co-Chief Executive Officer Marc Benioff said: “The environment remains challenging … Read more
Scott Olson/Getty Images News As thousands of Twitter employees on Friday awaited information about the status of their jobs, a group of Twitter workers filed suit over the layoffs against the social media company now owned by Tesla (NASDAQ:TSLA) Chief Executive Elon Musk. According to a report from CNBC, five current or former Twitter employees … Read more
Elon Musk’s Twitter acquisition saga may be exhausting, but it has revealed how some business leaders are thinking privately about return-to-office mandates. In messages released as part of his court battle with the social media company, Musk and Jason Calacanis, a self-described “serial entrepreneur [and] angel investor,” discussed an ulterior motive for return-to-work mandates. Calacanis … Read more
MINNEAPOLIS — Minneapolis teachers’ new contract with the school district includes language intended to protect teachers of color from layoffs if there are future staff reductions due to budget cuts. The provision is part of the agreement reached between the Minneapolis Federation of Teachers and the Minneapolis Public Schools in late March, following a three-week … Read more
Rangers fans are set to see Alfredo Morelos back in a blue jersey against Kilmarnock at Ibrox on Saturday. The Colombia forward has fully recovered from a thigh injury which has kept him out since March and which required surgery. Boss Giovanni van Bronckhorst has included him in the Gers squad for the first home … Read more