job cut

Retail Asia05/01/2023

Amazon.com’s layoffs will now stretch to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday. The layoff decisions, which Amazon will communicate starting January 18, will largely impact the company’s e-commerce and human-resources organizations, he said. The cuts amount […]

Retail Asia31/07/2020

Standard Chartered will kick off a fresh round of job cuts, joining rivals that have resumed reductions amid an economically crippling coronavirus pandemic. The London-headquartered lender will cut several hundred jobs globally, according to a report citing unnamed sources without additional details. A small number of roles are being made redundant in line with our commitment […]

Retail Asia16/10/2019

Up to 10,000 jobs across HSBC are under threat as interim chief executive officer Noel Quinn plans to cuts costs. British multinational bank HSBC is set to embark on its largest cost-cutting exercise in years, and facing the ax are up to 10,000 high-paying roles across the group, citing two people close to the matter. […]

Retail Asia18/08/2016

Cisco has revealed plans to cut up to 5,500 jobs after reporting flat revenue for its full financial year a 2% decline in revenue for the fourth quarter. The networking vendor said it will restructure to cut costs in lower growth areas, and allow it to focus its investment on priority areas including IoT, next […]

Tag: job cut

Amazon CEO says job cuts to exceed 18,000 roles

StanChart Axes Several Hundred Jobs

HSBC Plans Yet Another Round of Job Cuts

Cisco to cut up to 5,500 jobs