Disney CEO Josh D’Amaro announced this Tuesday, April 14, the layoff of at least 1,000 employees as part of the company's ongoing restructuring process.
According to the executive, the areas most affected this time are marketing and branding, globally, as part of the adaptation to the changing…
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Amazon to cut more jobs to focus on AI
Amazon will make another massive cut to its workforce, estimated at 16,000 jobs, arguing that it needs to reduce bureaucracy, eliminate layers to strengthen the organization, and concentrate on artificial intelligence.
This reduction in…
Thousands of jobs at risk in European banking due to AI
The implementation of artificial intelligence in the European banking sector suggests that some 200,000 jobs could be eliminated by 2030 as a result of the automation of certain areas involving repetitive processes.
These predictions stem…
Nokia cuts 2,000 jobs in China
Nokia Oyj in China cut 2,000 jobs as part of a restructuring and cost-cutting plan that began in 2023, when payroll at the end of that year was about 10,400.
Like its Nordic rival Ericsson AB, Nokia has been announcing cost-cutting due to…
Ford to cut 3,000 jobs due to financial restructuring
Ford is executing a financial restructuring plan that involves cutting 3,000 jobs in the United States, India and Canada. It is one of the most rigorous economic measures with which they seek to adapt to the current global scenario.
The…