workforce reduction

Latest

The plans will include a “voluntary” deferred resignation program for eligible employees at the Federal Reserve Board in Washington.

Business

Japan’s Sony, revealed on Tuesday that it will be reducing its workforce by approximately 900 employees within its PlayStation unit.

Business

Nike, the global sportswear giant, has revealed plans to trim approximately 2 per cent of its total workforce, equating to over 1,600 jobs.

Latest

Microsoft is set to lay off approximately 1,900 employees across Activision Blizzard and Xbox this week, as reported by The Verge.

Technology

On Thursday, Nokia, the renowned phone manufacturer, revealed plans to slash up to 14,000 jobs as part of a cost-cutting strategy.