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Honda Will Shutdown Its only EU Factory; 7000 Employees Expected To...

What’s The News? The factory’s capacity is 150,000 cars per year, and if we consider the supply chain, then 10,000+ employees are directly or indirectly...

DiDi Will Fire 2000 Employees Triggering China’s Worst Layoffs In Recent...

What’s The News? This means 15% of DiDi’s workforce will be terminated, in one single go. DiDi is China’s largest app-based on-demand cab service, and this...

Insider Details Emerge In Activision Blizzard Layoffs; Refund For Game Recall...

What’s The News? Now, insider details have emerged regarding the firing of employees. We are hence aware which teams and divisions would get impacted. Besides, the...

6 Latest Healthcare Layoffs Which Stunned America In 2019

What's The News? Ever since 2019 started, more than 700 employees belonging to various hospitals and healthcare organizations have been fired. Organizational restructuring and improving revenues...

Dominance Of Activision-Blizzard Shatters – Hundreds of Employees Face Terminations

What’s The News? As per various unconfirmed reports coming in from the US, Activision-Blizzard will fire ‘hundreds of employees’ this week, most probably before the...

Goldman Sachs Gears For Cuts In Commodities Trading, Chooses Automation To...

What’s The News? What Does This Mean? According to the Wall Street Journal report, Goldman is discussing stepping back in physical trading of iron ore, platinum,...

Tesla’s China Connection The Real Reason Elon Musk Terminating 1000 Jobs...

What’s The News? As reported by Mercury News, 30% of these 3000 job cuts will happen in California alone. And unlike previous assumptions, Tesla is...

New York Times Proves That Digital Publication Is Thriving; Reports $700...

What’s The News They reported total revenues of $709 million during FY 2018, and this is indeed an achievement. This surge in revenues primarily resulted...

Vice Media Lays Off 10% Staff: Focuses To Build A Sustainable...

What’s The News? What Does This Mean? 2019 has started on a shaky note for the digital as well as legacy media industry. Established, and widely...

ASLAN Pharmaceuticals Restructures; Slashes 30% Workforce

What’s The News? What Does This Mean? This blow comes after Varlitnib, the company's first-line treatment for HER1/HER2 co-expressed cancer tumors failed to meet the utmost...

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