Category: laying
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The list of major companies laying off staff in the new year, including Boeing, Meta, Microsoft, and BP
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Investor EmpiresLayoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy. While the reasons for slimming staff vary, the cost-cutting measures are coming amid a backdrop of technological change. In a recent World Economic Forum survey, some…
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Israeli gaming co Moon Active laying off up to 100
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Investor EmpiresIsraeli mobile games company The moon is active According to what was reported, he performs a round of layoffs, in which he will leave between 50 and 100 employees. Unicorn, which includes about 2,500 employees worldwide, is one of the most secret and profitable companies in Israel. Moon Active, led…
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Carrefour laying off 200 – Globes
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Investor EmpiresSupermarket chain Carrefour Israel has told 200 of its employees to hold a hearing before being fired. The company, which has 4,000 employees, says this is a routine process after a professional assessment. The layoffs at Carrefour come two weeks after the head of the chain’s employee committee, Eyal Eli,…
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Fintech co BlueVine laying off 30 in Israel
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Investor EmpiresIsraeli-American financial technology company Bluefin It lays off 100 employees, including 30 in Israel. The business banking and solutions company currently has 500 employees worldwide, meaning the layoffs represent 20% of the workforce. The 20% figure also applies to the Israel Development Center, which has 150 employees. “It’s obviously a…
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Boeing to slash 10% of workforce, laying off 17,000 employees
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Investor EmpiresBoeing announced Friday that it plans to lay off about 17,000 employees, or about 10% of its workforce, as it faces a dismal third-quarter earnings report and ongoing damage from striking workers. Boeing’s new CEO, Kelly Ortberg, shared the news in a letter with employees Friday afternoon after the company…
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GM to begin laying off about 1,700 workers at Kansas plant, WARN notice shows By Reuters
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Investor Empires(Reuters) – General Motors Co said it will begin laying off 1,695 workers at its Fairfax, Kansas, assembly plant in a reshuffle and training notice earlier this week. The first two rounds of layoffs will begin Nov. 18 and will include the temporary layoff of 686 full-time workers and the…
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Burberry is reportedly laying off hundreds of employees amid huge stock selloff
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Investor EmpiresBritish fashion company Burberry Group PLC is expected to cut hundreds of jobs, most of them in the UK, after a sharp fall in its share price, The Telegraph reported. The newspaper reported that employees were informed during a Zoom meeting in late June, where those affected were told that…
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Moovit laying off 10% of workforce
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Investor EmpiresIsrael trip planning application Moovit This evening employees reported a wave of layoffs. There will be layoffs across all departments of up to 20-25 employees, which represents 10% of the company’s 225 employees. This is the first round of layoffs at Moovit since the company was sold to Intel in…