Entries by admin

Phillips is cutting 4,000 jobs across the globe

Phillips has reported lower than expected sales during the third quarter. Therefore, the technology company has decided to cut 4,000 jobs to improve productivity and increase agility. Restructuring plan under the new CEO Phillips CEO Ray Jakobs has been in charge for one week and he has taken a stern decision to lay off 4,000 […]

Seagate is cutting 3,000 jobs globally

Seagate Technology Holdings PLC announced this week that they are laying off 8 percent of its workforce. Moreover, the hard drive maker company came up with restructuring plans amid loss in revenue and diminishing demand for its products. Reduction in expected revenue Seagate is the world’s largest producer of hard drives. The company reported its […]

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Zillow has laid off 300 employees

Real estate sector in U.S. has slowed down amid broader economic uncertainty. Therefore, American tech real estate marketplace company Zillow as announced to lay off 300 employees in a bid to curb costs. Job cuts amid decrease in home sales On Tuesday, TechCrunch reported that Zillow has announced the latest round of layoffs. Moreover, the […]

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Twitter will not fire 75% workforce

Elon Musk has completed the much awaited takeover of Twitter in a $44 billion buyout deal. Earlier, there were rumors that the Tesla’s CEO is planning to reduce Twitter’s workforce by 75 percent. However, company resources stated that he has no plans of cutting company’s workforce by 75 percent after the completion of acquisition. Musk […]

Lidl to hire 1,000 workers in United Kingdom

Lidl has announced to create 1,000 full-time and part-time jobs across the United Kingdom. Moreover, the German discount retail store will offer these roles in their supermarket stores and warehouses. Lidl claims to have highest staring wages Lidl has witnessed a rapid growth in their sales during recent times. Therefore, the retail giant has decided […]

Tesco is looking to hire 15,000 temporary Christmas workers

Tesco is planning to fill 15,000 temporary roles to serve its customers during the busy Christmas holiday period. Moreover, the company has also announced that the temporary workers may apply for permanent roles upon the end of festive period. Hiring staff to serve customers better The holiday season is approaching and many retail store outlets […]

Macy’s to hire 41,000 seasonal workers

Macy’s Inc. has announced to hire more than 41,000 full-time and part-time workers during the holiday season period. Moreover, the New York based retail company will hire for these positions at their stores in Bloomingdale’s and Bluemercury stores, supply chain locations and call centers. Convenient application process Macy’s is an American chain of high-end department […]