Kimberly-Clark Corporation is an American multinational consumer goods and personal care corporation that produces mostly paper-based consumer products. It was founded in 1872 and is headquartered in Texas, USA. The company’s products include notable brands such as Kotex and Huggies baby diapers. According to reports, Kimberly-Clark has announced its intention to exit Nigeria after 15…
Tesla To Layoff 500
Tesla has announced plans to lay off its entire supercharging team which is approximately 500 employees as part of a cost reduction effort stating financial difficulties. This move comes when every major automaker with presence in North America adopted Tesla’s supercharging system known as the North American Charging Standard (NACS) because it is widely available,…
Southwest Airlines To Layoff 2,000
Southwest Airlines is a major airline that operates on a low-cost carrier model. It was founded in 1967 and is headquartered in Love Field, Dallas, Texas. According to reports, Southwest Airlines has announced plans to lay off 2,000 employees due to significant challenges caused by delays in Boeing aircraft deliveries. The report further mentions that…
Rivian To Layoff 1%
Rivian, the company that specializes in electric SUVs and pickup trucks, has announced plans to lay off 1% of its workforce due to slower demand in electric vehicles as it aims to reduce costs. The company has also shut down its production line for an upgrade to increase efficiency and meet its end-of-year quota. In…
Take-Two Cuts 579 jobs
Take-Two Interactive Software, Inc. is an American video game holding company, founded in 1993 and headquartered in New York City. The company’s portfolio consists of games like Grand Theft Auto, Mafia, NBA 2K, etc. According to reports, Take-Two has announced plans to lay off 579 employees, which amounts to 5% of its workforce, as a…
Checkr To Layoff 382
Checkr Inc is a background check company that was founded in 2014 and is headquartered in San Francisco. It provides on-demand background checks for employers using AI technology to streamline the process, making it faster and more efficient. The company was valued at $5 billion USD as of 2022. According to reports, Checkr has announced…
Amazon To Layoff Hundreds
Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms to individuals, companies, and governments on a metered, pay-as-you-go basis. Its web services were founded in 2002, and its cloud computing unit was established in 2006. According to reports, AWS has announced plans to lay off hundreds of employees…
Dell to Layoff 6,000
Dell Technologies Inc. is an American multinational technology company. It is headquartered in Round Rock, Texas and was established in 2016 after a merger with the EMC Corporation. Dell’s products include personal computers, servers, monitors, computer software, etc. According to reports, Dell has announced plans to lay off 6,000 employees in a bid to cut…
IBM to Layoff 8,000
The International Business Machines Corporation is the largest industrial research organization in the world, specializing in computer hardware, middleware, and software solutions. IBM was founded in 1911 and is headquartered in Armonk, New York. According to reports, IBM has announced plans to lay off 8,000 employees in the marketing and communications divisions over a 5-year…
PwC to Layoff 329
PricewaterhouseCoopers International Limited, commonly known as PwC, is a multinational professional services brand. PwC is one of the largest professional services networks in the world, counted among the Big Four accounting firms: Deloitte, KPMG, and EY. Founded in 1854 as Coopers & Lybrand, with its headquarters in London, UK, its core services include assurance, consulting,…