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companies planning to bulk layoff careful uncles


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  • 2 weeks later...
Posted

HP to Trim Up to 2,000 More Jobs in Expanded Cost-Cutting Push

 

Autodesk to Cut 9% of Workforce

The layoffs are expected to hit about 1,350 employees

 
 
Posted

Microchip Technology Slashes More Jobs as Sales Sputter

Semiconductor company said it expects to incur about $30 million to $40 million in severance and benefits costs

 It is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled chip maker looks to cut costs amid declining sales.

The Arizona-based semiconductor company said Monday that the cuts will be at its Fab 4 facility in Gresham, Oregon and its Fab 5 facility in Colorado Springs, Colorado as well as at a facility in the Philippines.

The company had already been readjusting its structure. In December, Microchip said it would close its Fab 2 facility in Tempe, Arizona. It expects to shut down those manufacturing operations in May and the facility and equipment will be sold.

Posted
On 2/18/2025 at 2:58 PM, RPGPulka said:

 

market is slow

Endi anna Monday morning shock Needham shock ivhavu adi kuda march lo first working day ne 

Inkka IT assamme 

Posted
On 2/18/2025 at 3:02 PM, Coconut said:

Invest one paycheck in XRP anna...

prediction enta anna?

Posted

Mercedes-Benz to cut headcount, lower pay increases amid cost-cutting drive

Mercedes-Benz plans to reduce production costs by 10% by 2027 and double that by 2030, beyond an ongoing plan launched in 2020 to reduce costs by 20% between 2019 and 2025.
 
Europe's auto industry faces a swathe of challenges this year, with carmakers and component makers announcing deep cuts and Germany's powerful unions putting up a fierce fight against pressure by management to cut jobs, close factories and move staff abroad.
Posted

Uncles will be replaced by young blood. Nothing much.

  • Haha 2
Posted

DHL to save $1.1 billion by 2027 with 8,000 job cuts, shares rise

March 6 (Reuters) - announced plans on Thursday to cut about 8,000 jobs in Germany this year as part of a strategy to save more than 1 billion euros ($1.08 billion) by 2027, after the logistics group reported a 7% fall in annual operating profit.

Logistics companies are likely to see slower profit growth this year due to softer demand and easing supply-chain disruptions, Parash Jain, HSBC's global head of transport and logistics research, said ahead of the results.
 
Jain expects transportation companies to cut costs, with growth in global container trade and air freight tonnes expected to halve in 2025.
Posted

Thyssenkrupp Plans to Cut 1,800 Jobs at Weakened Auto Tech Unit

The German industrial group said its package of measures, aimed at cutting more than $161.8 million, includes a temporary hiring freeze at the unit

The German industrial group said its package of measures, aimed at cutting more than 150 million euros ($161.8 million), would also include a temporary hiring freeze at the unit, which employed around 31,600 workers as of the end of September.

The move comes amid a weak outlook for the automotive industry, with production volumes lagging behind historical lows, Automotive Technology Chief Executive Volkmar Dinstuhl said Thursday.

The company said in November it was confronted with significantly weaker demand from key customer industries, including the automotive sector. It had already planned cutting around 400 jobs in Germany at its automotive body solutions unit.

Posted
On 3/5/2025 at 5:09 AM, andhra_jp said:

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Amazon layoff coming 20k job cuts 

  • Sad 1
Posted
On 2/18/2025 at 2:58 PM, RPGPulka said:

 

market is slow

Already laid off anna ee week last paycheck 

  • Sad 1
Posted
8 minutes ago, anna_gari_maata said:

Already laid off anna ee week last paycheck 

which company anna

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