Baidu Layoffs: 40% Staff Cut After Huge Quarterly Loss
China's Baidu begins massive layoffs affecting multiple units after reporting $1.59 billion quarterly loss. Core advertising revenue drops 18% as AI competition intensifies.
China's Baidu begins massive layoffs affecting multiple units after reporting $1.59 billion quarterly loss. Core advertising revenue drops 18% as AI competition intensifies.
US Pentagon seeks to add Alibaba, Baidu and BYD to China military companies list, escalating trade tensions. Learn about the timing and potential consequences of this move.
HP announces 4,000-6,000 job cuts by fiscal 2028, adding to earlier layoffs. Learn practical strategies to navigate tech sector uncertainty and protect your career.
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
Apple eliminates dozens of enterprise, education and government sales positions in strategic shift. Affected employees have until January 20 to find new roles or accept severance.
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
CBS cancels its iconic 'Saturday Morning' show, firing hosts Michelle Miller & Dana Jacobson. The move is part of major layoffs causing employee anxiety. Details inside.
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
Verizon announces elimination of 13,000 positions amid competitive pressures. CEO cites need to streamline operations. Discover how this impacts telecom industry.
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
An IIT graduate and former IT manager shares his unemployment struggle on Reddit, highlighting India's mid-career tech workforce crisis. Read his emotional story and industry insights.
Former Rockstar Games developers break silence on mass dismissal, alleging union-busting and detailing burnout in protest at Scottish Parliament. Read their story.
India's 12 million gig workers face uncertainty as drone delivery technology threatens bike-based jobs. Learn how automation could impact youth employment.
Laura Zimmermaker's two-year job search reveals how mid-career professionals confront identity crisis after layoffs. Learn 5 strategies to bounce back stronger and reclaim your career path.
Amazon's text-email layoff strategy marks new corporate downsizing tactics. Learn how companies are evolving termination methods and employee reactions.
Pune Labour Commissioner summons TCS over unlawful termination claims after NITES complaints. India's largest IT firm plans to lay off 2% of workforce. Latest updates.
Amazon confirms 660 corporate layoffs in Manhattan offices. CEO Andy Jassy cites culture, not AI, as the reason. More job cuts are expected as the company restructures.
Verizon announces 15,000 job cuts targeting management roles as subscriber growth slows. New CEO Dan Schulman leads restructuring amid rising competition.
America's largest telecom Verizon plans 10,000-15,000 job cuts next week as new CEO Dan Schulman implements aggressive turnaround strategy. Read exclusive details.
Karnataka launches new IT policy with 'IT Talent Return Programme' targeting overseas professionals, aiming to create 90 lakh jobs amid global tech uncertainty. Learn how this impacts India's tech hub.
Shocking survey reveals 72% of Indian companies use fire-at-will termination methods. Learn about employee rights and corporate practices in today's job market.
American job market faces alarming downturn as layoffs hit 1.1 million through October, reaching levels not seen since pre-pandemic recessions. New report reveals worrying trends.
America's job market displays unexpected resilience with 272,000 new jobs in May, even as major companies continue layoffs. What's driving this economic paradox?
American analytics leader SAS Institute shuts down China operations after quarter-century, terminating hundreds of employees in controversial virtual meeting that sparks outrage.
David Solomon reveals stark reality about AI-driven layoffs at Goldman Sachs, challenging industry optimism about job creation in artificial intelligence era.
An internal Amazon layoff email revealing cold, corporate language sparks outrage as tech giant continues massive job cuts affecting thousands of employees worldwide.
IBM becomes the latest tech giant to announce massive workforce reductions, planning to cut thousands of jobs globally as the technology sector's restructuring continues.
American Airlines reveals significant workforce reduction at Fort Worth headquarters after reporting disappointing third-quarter results, signaling restructuring amid financial challenges.