Layoffs
National Australia Bank to cut 170 jobs amid offshore expansion
The lender adds it will continue hiring and developing staff locally, particularly in customer-facing roles
Meta is cutting several hundred jobs amid record AI spending
The layoffs will affect employees both in the US and other international markets
Fortnite maker Epic Games cuts about 1,000 jobs across company
The company will offer at least four months of severance to affected employees
CBS News cuts 6% of workers, citing changes in the industry
The cuts could impact roughly 60 employees
US weekly jobless claims unexpectedly fall amid low layoffs
The seasonally adjusted figure of 205,000 for the week ended Mar 14 falls below economists’ expectations
Top Ikea retailer to cut 800 office jobs
The cuts would impact office-based jobs across the group, mainly in Sweden and Netherlands
HSBC mulls deep job cuts from multi-year AI-fuelled overhaul
The changes could ultimately affect around 20,000 roles, or about 10 per cent of its total workforce: source
Bank of England sheds senior staff as 75 get top £150,000 payout
As part of cost-cutting efforts, 8% will depart in the coming months
Atlassian CEO cites AI shift when announcing plan to shed 1,600 jobs
The company expects to incur about US$230 million in expenses such as severance costs due to the cuts
South Korean EV battery maker SK lays off 958 workers in Georgia
The company says that it’s pursuing customers in the automotive and stationary storage space
