Russian air traffic management reportedly furloughed or fired half of its staff amid international sanctions against Russia. Federal Trade Union of Air Traffic Controllers wrote a letter to the Russian … Read more
Israeli technology firm NSO Group’s CEO, Shalev Hulio, will step down amid the company’s reorganization. NSO Group announced Sunday that its Chief Operation Officer, Yaron Shohat, will take the lead … Read more
Tencent has fired at least 5,500 workers after posting a 3% Q2 earnings drop. Tencent’s income reached 18 billion yuan in Q2 which is down more than half from last … Read more
Snap Inc. has reportedly started to plan to lay off its employees amid dissatisfying earnings results. Sources disclosed that a layoff was possible but managers across Snapchat’s parent company are … Read more
Danish toymaker Lego announced on Tuesday that it is ending a joint venture with Russia’s Inventive Retail Group (IRG) and will stop selling products in Russia. IRG operated 81 retail … Read more
Microsoft said it will cut one percent, or about 180,000 jobs worldwide in a move that it has described as a ‘structural adjustment’ of the tech giant’s workforce The job … Read more
Netflix announced on June 23 that it laid off 300 employees in another round of job cuts across the company. The cuts represent roughly 4% of total employees, mostly in … Read more
Qantas will stand down around 2,500 of its employees for about two months due to the extended COVID-19 lockdown in Sydney that affects air travel across Australia. The airline announced … Read more
Nissan Motor has furloughed around 800 workers at its UK assembly plant due to the worsening global chip shortage. “We are adjusting production, and the number of workers daily, due … Read more
Volkswagen plans to cut as many as 4,000 of its workers at its plant in Germany, offering early an partial retirement for its older employees. Volkswagen made a statement earlier … Read more