layoffs
Major Companies Implementing Significant Layoffs in 2024: From Amazon to P&G
Oct 29, 2025 04:33 am CST
In 2024, numerous major corporations including Amazon, UPS, Target, and Microsoft have announced substantial workforce reductions, with Amazon cutting 14,000 corporate jobs alone. These layoffs reflect broader economic uncertainties, increased AI investments, rising operational costs from new tariffs, and corporate restructuring efforts. Many companies are redirecting resources from employment to infrastructure investments, creating significant anxiety across various sectors as workers face an increasingly unstable job market.
Nestle Announces Major Restructuring: 16,000 Jobs to Be Cut Globally Under New CEO's Transformation Strategy
Oct 16, 2025 05:20 pm CST
Nestle plans to eliminate 16,000 jobs worldwide over the next two years as part of a major restructuring effort under new CEO Philipp Navratil. This strategic move aims to save one billion Swiss francs, with 12,000 white-collar positions affected. The announcement comes amid declining sales and follows recent leadership challenges, including a bottled water controversy in France and executive departures.
Harvard University Announces Layoffs at Engineering School Amid Federal Funding Challenges and Policy Shifts
Oct 10, 2025 03:17 pm CST
Harvard University is implementing staff layoffs at its engineering school due to financial pressures caused by changing federal policies, including increased endowment taxes and reduced research funding. Despite its $53 billion endowment, the university faces significant budgetary challenges amid ongoing tensions with the federal government over funding allocation and educational policies.
Trump Opens Door to Health Care Negotiations as Government Shutdown Enters Sixth Day
Oct 07, 2025 12:22 pm CST
President Trump signals potential willingness to negotiate with Democrats on health care subsidies amid the ongoing government shutdown, while both parties remain entrenched in their positions. The stalemate continues to impact federal services with Republicans demanding Democrats pass a temporary funding bill and Democrats insisting on addressing healthcare subsidies that affect millions of Americans.
US Government Shutdown: 750,000 Federal Employees Facing Furlough as Funding Negotiations Collapse
Oct 02, 2025 10:34 pm CST
The US government shutdown continues as funding negotiations between Democrats and the Trump administration collapse, leaving approximately 750,000 federal employees facing furlough. Senate Democrats are demanding extended health care subsidies while the White House warns of imminent public sector layoffs. Essential workers may be forced to work without pay as federal agencies wind down services until a compromise can be reached.
US Lawmakers Question Tech Giants on H-1B Visa Hiring Amid American Job Cuts
Sep 26, 2025 02:25 am CST
US Senators are investigating major corporations like Amazon, Apple, and Microsoft for hiring thousands of H-1B visa workers while simultaneously cutting American jobs. The inquiry comes as the Trump administration proposes raising visa fees to $100,000 and reforming the selection process to favor higher-skilled workers. Indian nationals currently represent 71% of H-1B visa holders, with major tech companies securing thousands of approvals in early 2025 while implementing domestic layoffs.
"Abuse Of H-1B Programme National Security Threat": Trump As He Hikes Visa Fees
Sep 20, 2025 02:02 pm CST
US President Donald Trump said abuse of the H-1B programme is a national security threat as he signed a proclamation restricting entry of certain non-immigrant workers and imposing a staggering annual USD 100,000 fee on the visas
Amazon, TCS, Microsoft: These Firms May Be Worst Hit By Trump's H1-B Visa Fee Hike
Sep 20, 2025 01:26 pm CST
Tata Consultancy Services (TCS) is the second-highest beneficiary with over 5,000 approved H-1B visas in 2025, after Amazon, according to the US Citizenship and Immigration Services (USCIS) data.
Google Lays Off Over 200 AI Contractors: Report
Sep 16, 2025 10:18 pm CST
Tech giant Google has reportedly laid off more than 200 contractors working on its artificial intelligence projects, including Gemini and AI Overviews.
"I Was Just Cut Off": Google Lays Off Over 200 AI Contractors, Says Report
Sep 16, 2025 05:08 pm CST
Tech giant Google has reportedly laid off more than 200 contractors working on its artificial intelligence projects, including Gemini and AI Overviews.