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Workforce Reduction

eBay to Cut 9% of Global Workforce Amid Restructuring

eBay announced on Thursday that it will cut approximately 9% of its global workforce, affecting around 1,000 employees, as part of a restructuring plan to simplify operations and redirect resources towards its key strategic...

Netflix Reportedly Plans to Cut 5% of Its Workforce

Netflix is planning to cut approximately 5% of its workforce, with an announcement expected as early as next week, according to a report by Puck News on Friday, citing people familiar with the matter....

BP Plans Major Workforce Reduction Amid Restructuring Drive

BP is planning to cut around 700 positions from its non-frontline global workforce as part of a broader effort to streamline operations and improve profitability, according to an internal email reviewed by Reuters. The...