Workforce Reduction News - Latest Updates & Headlines
Amazon, Intel, other global giants to slash huge workforce amid AI boom
New Delhi, March 20: Several major global companies, including Amazon, Morgan Stanley and Goldman Sachs, are planning massive job cuts in 2025 as they focus on reducing costs and streamlining operations in the artificial intelligence (AI) era.
NASA begins workforce reduction, eliminates key offices under Executive Order
Washington, DC, March 11: The National Aeronautics and Space Administration (NASA) has initiated a workforce reduction, leading to the closure of several key offices, including the Office of the Chief Scientist and the Office of Technology, Policy, and Strategy.
US federal staff asked to report last week's work via email by Monday or resign
Washington, Feb 23: US federal government employees received an email late Saturday asking them to summarise their work accomplishments from the previous week by Monday night or risk losing their jobs, media reported.
TCS reports employee headcount drop by 5,370 in Q3
Mumbai, Jan 9: IT services major Tata Consultancy Services (TCS) on Thursday reported a drop in its employee headcount by 5,370 in the third quarter this fiscal (Q3 FY25), which is a reversal after two consecutive quarters of headcount growth.