Over 12,000 jobs slashed by Disney, Wells Fargo & Renault Nissan
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While The Walt Disney Company plans to cut hundreds of jobs, Wells Fargo and Renault Nissan are set to lay off thousands collectively.
Layoffs
Goldman Sachs to layoff vice presidents, citing over-hiring in recent years
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Beyond this round of job cuts, the firm’s long-term workforce strategy is expected to be shaped by advancements in artificial intelligence and automation. Goldman Sachs recently introduced an AI-powered assistant for bankers, signaling a broader shift toward technology-driven efficiencies.
Mercedes-Benz cuts jobs and salaries to counter 2024 sales decline
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While the company has not disclosed the exact number of job cuts, it clarified that workers involved in car production would not be affected. The announcement comes after Mercedes-Benz reported a sharp downturn in its financial performance.
Mass layoffs hit HP, Meta & Grubhub—Thousands of jobs cut amid market turmoil
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Whether in tech, food, or other industries, mass layoffs continue as companies restructure, adapt to market shifts, or embrace AI. The latest to join the list: Meta, HP, and Grubhub.
EY Australia to lay off staff as economic pressures force strategic shifts
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EY's downsizing highlights the vulnerability of consulting firms in the face of economic headwinds and industry-wide disruptions.
Google layoffs: Tech giant cut jobs to free up resources for AI expansion
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In late January, the tech giant introduced a “voluntary exit program” for employees in its Platforms and Devices unit, which includes staff from the Pixel hardware and Android software divisions that were merged in 2024.
Starbucks layoffs: 1,100 corporate jobs cut as CEO pushes for efficiency
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As Starbucks moves forward with its restructuring plans, the company’s ability to balance efficiency with its brand identity as a customer-centric, community-driven business will be key.
