Job Cuts
Canva to Cut 1,271 Jobs as Growth Slows, Restructures Global Operations
Australian graphic design platform Canva has announced a major workforce restructuring that will affect 1,271 employees, representing approximately 22% of its global workforce,...
eBay to Cut About 1,000 Jobs as It Reshapes Global Operations
Online marketplace eBay plans to cut approximately 9% of its global workforce, affecting around 1,000 employees, as it restructures operations and redirects resources...
Qualcomm Plans Global Job Cuts as Chipmaker Tightens Performance Standards
US semiconductor company Qualcomm plans to cut jobs across its global workforce following its annual employee performance reviews, with notifications to affected workers...
GSK Plans to Cut Up to 1,217 Jobs in Belgium as Pharmaceutical Giant Restructures
British pharmaceutical company GSK plans to eliminate up to 1,217 jobs across its Belgian operations as part of a restructuring programme aimed at...
Royal Mail to Cut Up to 2,500 Jobs as Letter Volumes Continue to Fall
Royal Mail plans to cut up to 2,500 jobs by the end of 2027 as the UK postal operator restructures its business in...
Nike’s Struggles Test Investor Confidence in CEO Elliott Hill’s Turnaround
Nike’s market value and earnings have fallen sharply since Hill returned to the company in October 2024. On Thursday, the sportswear giant announced...
LG Plans to Cut About 10% of Workforce by Mid-2027
LG Electronics plans to reduce its global workforce by about 10% by mid-2027 as the South Korean technology company seeks to lower costs...
Mergermarket Owner Cuts Jobs as Pressure Builds on Ion Group
The owner of Mergermarket is cutting jobs as part of a wider cost-reduction drive, adding to pressure on Italian billionaire Andrea Pignataro’s financial...
