Layoffs

Southwest Airlines Announces First-Ever Layoffs to Cut Costs; Set To Impact 15 Percent Of Corporate Ranks

Southwest Airlines has announced plans to lay off approximately 1,750 employees in its leadership ranks, marking the first job cuts in the airline’s history. The decision, aimed at reducing expenses, will impact around 15% of corporate positions, including senior leadership and directors. According to a statement released on Monday, the...

JPMorgan Chase Announces Layoffs In February, More Job Cuts Expected Throughout 2025

American multinational bank JPMorgan Chase has begun informing employees of impending job cuts as part of a broader downsizing strategy for 2025. According to a report by Barron's, citing people familiar with the matter, fewer than 1,000 employees will be laid off in February, with additional layoffs scheduled for mid-March,...

‘Shocking And Unethical,’ Infosys Sacks Nearly 700 Freshers: Here’s Why

Infosys, an IT major, has reportedly sent around 700 campus recruits packing with the batch of freshers, who joined in October 2024, having been accused of failing internal assessments. These sackings, which have been met with huge shock, had sparked a series of heated discussions over the handling of freshers...