#job-cuts

#job-cuts

A staffer familiar with the matter, who asked not to be identified, told The Register that the figure seems low, citing allegations that Microsoft's recent layoff notices failed to count those let go who worked remotely. "It feels like that happened here too, the reported numbers don't quite match up with what my network is saying," our source said, adding that a massive number of employees in India are being let go and that several offices may be closed.

Employers across the U.S. announced 62,075 job cuts in July, a 29% increase from June and a 140% surge over July 2024, ending the typical midsummer lull.

Government workers have important jobs that are critical to providing important services to taxpayers. If jobs are cut and those services aren't provided or aren't provided in a timely and competent way, there can be significant negative fallout.

Jaguar Land Rover plans to cut up to 500 management jobs in the UK, amounting to about 1.5% of its workforce, due to a 15.1% sales drop.

"The HR Technology segment of Recruit Holdings Co., Ltd., which operates Indeed and Glassdoor, announced a reduction of approximately 1,300 employees, representing about 6 percent of the segment's total workforce as of April 1, 2025."

London EV Company (LEVC) has announced it will cut approximately 180 manufacturing jobs at its Ansty site due to a significant decline in sales and increasingly challenging automotive conditions. Demand for electric hackney carriages has been affected by rising costs and ongoing reductions in the number of drivers, prompting the need for restructuring to ensure the future of the London black cab.

Daimler Truck announced plans to cut approximately 5,000 jobs in Germany by 2030 as part of its 'Cost Down Europe' program aimed at improving profitability and market resilience.

Around 100 redundancies will be at its international headquarters in Dublin. It means around 7pc of the company's 1,500 staff in the capital will be impacted.

The affected employees are part of its store support centres, as Lululemon evolves its organizational structure to operate with more agility and further invest in growth.

"EVR is working to improve efficiency and reduce costs across our business to ensure our company is globally competitive," Stannell said.

The agency is expected to majorly change its direction under the Trump administration's control, severing itself from its science-based roots and doubling down on landing humans on Mars.

Not content with a corporate blueprint to cut up to 55,000 employees by 2030, UK telecoms giant BT now says even more staff could be replaced with AI.

Retailers in the UK are expecting price hikes and job cuts as confidence in the sector has plummeted, worsened by increased national insurance contributions and inflation.