layoffs

Bosch Lays Off 7,000 Employees in Germany; Plans $8 Billion Acquisition of Johnson Controls

Layoff season is here yet again! German auto components giant Bosch announced plans to lay off over 7,000 employees from its operations in Germany. The layoffs will primarily affect workers in Bosch's automotive supply sector, with additional cuts in the tools division and the BSH subsidiary, which manages household appliances....

Microsoft Announces Further Layoffs in Gaming Division Amid Post-Activision Blizzard Restructuring

Microsoft is set to lay off an additional 650 employees from its gaming division, according to a memo sent by Xbox chief Phil Spencer on September 12. The layoffs, primarily affecting corporate and support roles, are part of Microsoft’s ongoing efforts to reorganize its gaming business for sustainable, long-term success....

Amazon to Layoff Over 18,000 Employees Citing Economic Uncertainty

Amazon on Thursday said it will lay off over 18,000 employees from its workforce citing economic uncertainty. "Between the reductions, we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles. Several teams are impacted; however, the majority of role eliminations are in...