Page 2 - Layoff

IRS plans to lay off 7K probationary workers across US starting today

The IRS will lay off roughly 7,000 workers in Washington and around the country beginning on Thursday, a person familiar with the plans told AP. The layoffs affect probationary employees with roughly one year or less of service at the agency and largely include workers in compliance departments, according to the person, who was not authorised to disclose the plans and spoke on condition of anonymity Wednesday. Compliance work includes ensuring that taxpayers are abiding by the tax code, filing their returns and paying their taxes, among other duties. The layoffs are part of the Trump administration's intensified efforts to shrink the size of the federal workforce through the Department of Government Efficiency by ordering agencies to lay off nearly all probationary employees who have not yet gained civil service protection. They come despite IRS employees involved in the 2025 tax season being told earlier this month that they would not be allowed to accept a buyout offer from the ...

After recent layoffs, Infosys defers internal assessments for trainees

Close on the heels of an outcry over recent layoffs of more than 300 freshers in its Mysuru campus, Infosys has now postponed, by a week, internal assessments scheduled for trainees. The company has, however, asserted that the deferment is aimed at giving them additional time for preparation. IT employee union Nascent Information Technology Employees Senate (NITES), meanwhile, claimed that the assessment meant for 800 trainees was postponed due to its intervention, "unwavering fight against unfair layoffs", as well as government action. Countering this, Infosys, in a statement, said it had not received any requests from the government or external parties to postpone assessments. "We are deferring our assessments by a week to provide additional preparation time for our trainees," Infosys said. Last week, the Bengaluru-headquartered IT services company had laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments aft

Trump begins firings of FAA staff just weeks after fatal DC plane crash

The Trump administration has begun firing several hundred Federal Aviation Administration employees, upending staff on a busy air travel weekend and just weeks after a January fatal midair collision at Ronald Reagan Washington National Airport. Probationary workers were targeted in late-night emails on Friday notifying them they had been fired, David Spero, president of the Professional Aviation Safety Specialists union, said in a statement. The impacted workers include personnel hired for FAA radar, landing and navigational aid maintenance, one air traffic controller told AP. The air traffic controller was not authorised to talk to the media and spoke on condition of anonymity. A Transportation Department official told AP late on Monday that no air traffic controllers were affected by the cuts, and that the agency has "retained employees who perform critical safety functions". In a follow-up query the agency said they would have to look into whether the radar, landing and ...

Judge to rule on effort to block DOGE from assessing data, firing employees

A federal judge on Monday questioned the authority of billionaire Elon Musk and his Department of Government Efficiency but was sceptical of a request to block DOGE from accessing sensitive data and firing employees at half a dozen federal agencies. US District Judge Tanya Chutkan held a hearing on a request from 14 states for a temporary restraining order seeking to curtail Musk's power in President Donald Trump's quest to downsize the federal government. Chutkan said she would rule within 24 hours. Trump appointed Musk to lead DOGE in a push to slash the federal workforce and reduce or end disfavoured programmes. The administration dismissed probationary employees and Trump in an executive order told agency leaders to plan for "large-scale reductions". Democratic attorneys general from 14 states had filed a lawsuit challenging what they called Musk's "unchecked power". The states are seeking to block DOGE from firing employees and accessing data at the federal Office of Personnel

Bezos' Blue Origin bracing for large job cuts after years of expansion

The magnitude of the job cuts wasn't immediately clear, though one of the people said it will be at least in the hundreds of jobs and potentially reach one thousand or more employees

JPMorgan Chase begins one of several planned layoffs for 2025: Report

The layoffs are a part of the "regular management of the business", a spokesperson said, adding that the bank still has 14,000 open positions

President Trump directs federal job cuts as Musk defends downsizing

Agencies will be permitted to hire no more than one employee for every four workers leaving the government, the document said

Meta starts eliminating jobs in shift to find AI talent to dominate race

Meta workers who were let go were notified via email, and the company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service

Facebook owner Meta to carry out expected company-wide layoffs on Feb 10

Notices will go out to employees losing their jobs starting at 5 am local time Monday in most countries

Why Walmart is cutting scores of jobs, relocating employees to main offices

Last year, Walmart instructed employees in Dallas, Atlanta, and Toronto to relocate to larger hubs, with most transitioning to the company's headquarters in Bentonville

Salesforce to cut 1,000 roles while hiring salespeople for AI products

More than 1,000 roles will be affected, according to the person, who asked not to be identified because the information is private. Displaced workers will be able to apply for other jobs internally

CNN announces 200 job cuts, $70 mn digital investment to revamp strategy

To counter traditional TV decline, CNN is launching a global streaming service, creating hundreds of new roles, with the first 100 positions to be filled by mid-2025

Microsoft confirms performance-based job cuts across key divisions

Microsoft's restructuring plans began in 2023 with 10,000 layoffs, followed by 1,900 more in its gaming unit after the $75.4 billion Activision Blizzard acquisition

Outlook 2025: Funding crash, layoffs shift edtech's focus on innovation

The ed-tech sector, however, was once referred to as the poster child of the country's startup landscape

Barclays fires 15 bankers, denies bonuses ahead of holidays; faces flak

The 15 professionals were among 50 employees let go last month by the UK-based bank, sparking legal threats as employees claim bonuses should be paid for work done

Google layoffs: Sundar Pichai announced 10% job cuts in managerial roles

Google CEO Sundar Pichai has announced a 10 per cent reduction in managerial roles, aiming to improve efficiency in response to rising AI competition and economic challenges

'Slap us if you want': YesMadam CEO apologises after stress survey backlash

In an eight-minute video shared on LinkedIn, YesMadam CEO Mayank Arya acknowledged that the campaign had been 'poorly communicated' but stood by its intent

YesMadam fires employees after stress survey, HR's email sparks outrage

Noida-based YesMadam has faced backlash after firing over 100 employees who reported high-stress levels in a recent survey. HR's email notifying terminations has gone viral, drawing criticism online

YesMadam's 'fired for stress' stunt explodes, company faces backlash

YesMadam's controversial 'fired for stress' campaign has sparked outrage on social media, with users calling it a cheap PR stunt

Agri-business giant Cargill reduces workforce by 5% to 'realign resources'

Agribusiness giant Cargill is laying off thousands of its employees. Cargill confirmed this week that it would be reducing its global workforce by about 5%. In a statement sent to The Associated Press on Tuesday, the food production company said that the cuts were part of a long-term strategy to strengthen Cargill's impact, which includes realigning resources. Minnesota-based Cargill did not immediately provide further specifics around the layoffs. But a 2024 annual report from the company noted that it had more than 160,000 employees worldwide, meaning the latest job cuts would be set to impact around 8,000 workers. As a privately-held company, Cargill doesn't regularly publish its finances publicly. A 2024 report from the company, however, notes that it operates in 70 countries and sells to 125 markets raking in some $160 billion in annual revenue. That's down from $177 billion in revenues seen the year prior. This week's layoff announcement arrives while much of the agricultura