workforce reduction

May 9, 2025

CrowdStrike Announces 500 Employee Layoffs Amid AI Shift

CrowdStrike, a leader in cybersecurity software, announced Wednesday that it would lay off 500 employees, representing about 5% of its workforce. CEO George Kurtz attributed the decision to advancements in artificial intelligence

February 19, 2025

HSBC Reports 3% Workforce Reduction and Stable Bonus Pool

HSBC’s headcount fell by 3% in 2024 while its staff bonus pool remained largely unchanged, according to the bank’s financial report issued on Wednesday. The Asia-focused lender continues to focus on cost-cutting

May 16, 2025

Federal Reserve Plans to Cut 10% of Workforce

The Federal Reserve announced plans to reduce its workforce by 10% over the next couple of years, including offering a voluntary deferred resignation program to some older employees, according to a memo

Moderna to Cut 10% of Workforce Amid Declining Sales

by Jamie Spencer

Vaccine Market Pressures Force Restructuring Moderna announced Thursday that it plans to reduce its global workforce by approximately 10% before the end of the year. The company, which had around 5,800 full-time

July 31, 2025

Indeed and Glassdoor Cut 1,300 Jobs Amid AI Shift

by Jamie Spencer

Recruit Holdings Moves Toward AI-Driven Operations Recruit Holdings, the Japanese parent company of job platforms Indeed and Glassdoor, is laying off around 1,300 employees as it accelerates its adoption of artificial intelligence.

July 11, 2025

sony-layoffs-at-bend-studio-after-service-concept-canceled

Sony Layoffs at Bend Studio After Live Service Concept Canceled

by Jamie Spencer

Workforce Reduction Follows the Cancellation of Live Service Concept Sony’s Bend Studio, known for its first-party games, has laid off a significant portion of its workforce following the cancellation of a live

June 11, 2025

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workforce reduction

CrowdStrike Announces 500 Employee Layoffs Amid AI Shift

HSBC Reports 3% Workforce Reduction and Stable Bonus Pool

Federal Reserve Plans to Cut 10% of Workforce

Moderna to Cut 10% of Workforce Amid Declining Sales

Indeed and Glassdoor Cut 1,300 Jobs Amid AI Shift

Sony Layoffs at Bend Studio After Live Service Concept Canceled