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VOLUNTARY RETIREMENT BUYOUTS
Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
US tech giant Microsoft announces voluntary retirement: What is it, who is eligible and what is the math used in calculation?Microsoft's voluntary retirement: US tech company Microsoft has announced its first-ever voluntary retirement program and the scheme is ope...
After layoffs, Microsoft targets 7% of US workforce for buyouts - who’s affected?Microsoft is offering voluntary retirement buyouts to approximately 7% of its U.S. workforce for the first time in its 51-year history. Thi...
Microsoft plans first voluntary employee buyout: ReportMicrosoft is planning its first voluntary employee buyout in the Windows maker's 51-year history. Microsoft is also adjusting the way it do...
More than 60,000 Pentagon civilians vanish under Pete Hegseth, officials remain silent on operational and workforce impactsThe Pentagon has reduced its civilian workforce by over 60,000 employees, exceeding its reduction target. Despite these significant cuts ac...
As US wildfires rage, Trump staff cuts force firefighters to clean toilets, critics sayUS Forest Service faces criticism. Current and former employees claim staff shortages due to Trump administration cuts. Firefighters in Ore...
Intel plans July layoffs of 10,000+ staff: How AI boom is impacting it and who’s safe, who’s notIntel plans significant job cuts in its foundry division starting July. This move could affect over 10,000 employees globally. The layoffs ...
How Trump and Elon Musk's chaotic policy has impacted tens to thousands of US government workersThe Trump administration, with Elon Musk's assistance, has initiated measures to downsize the federal government, leading to significant wo...
US Homeland Security department offers buyouts to workers, memo showsThe U.S. Department of Homeland Security is offering its employees voluntary resignation, retirement options, or buyouts up to $25,000, exc...
US Education Department to cut half its staff as Trump eyes eliminationThe U.S. Department of Education announced layoffs for nearly half of its staff as part of President Trump's wider effort to downsize the g...
Know why US SEC is offering its staff $50,000 to resign or retireThe all-staff memo was sent by the US Securities and Exchange Commission's chief operating officer Ken Johnson on February 28. It offers a ...
Mercedes-Benz to cut headcount, lower pay increases amid cost-cutting driveMercedes-Benz has secured agreement from its works council to implement cost-saving measures, including job buy-outs and halving planned sa...
Ford to cut 1,400 US salaried jobs through buyouts by year endThe layoffs will be achieved through voluntary buyouts, the U.S. automaker said in an email sent to employees. The buyouts will be offered ...
Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout: SourcesBoeing Chief Executive Dave Calhoun is expected to detail a voluntary layoff plan in a memo to employees as early as Thursday, the second p...
Why EPF should deploy its funds in diverse assetsThe EPFO, which manages workers’ retirement funds, should go ahead and book profits on share purchases to give subscribers a decent rate of...
- EPFO fails to manage workers retirement savings, generate reasonable returns
Rturn from NPS was around 11.88% over the last two years against 8.8% on the EPFO. So, workers should have the choice to migrate.
- Largest networking-equipment maker Cisco may cut 10k jobs to help company save $1 billion
Cisco Systems, the largest networking-equipment company, may cut as many as 10,000 jobs, or about 14%of its workforce, to revive profit gro...
- Emami may have lost Paras on staff absorption
While the absorption of Paras Pharma employees by Reckitt Benckiser has not been discussed yet, but a strong reason why Emami to acquire Ah...
- Honda to cut North America production, salaries: Report
The Japanese automaker Honda has said it will further cut North American production and salaries amid plunging car sales, The Wall Street J...
- Five ITDC properties to go on sale next week
The next week will witness disinvestment of five Indian Tourist Development Corporation (ITDC) properties in Kovalam, Manali, Calcutta, Aur...