German chipmaker Infineon is implementing a significant restructuring plan, announcing cuts of 1,400 jobs globally and relocating another 1,400 positions to countries with lower labor costs. This move is part of a previously announced cost-savings …
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SolarEdge Cuts 400 Jobs Amidst Industry Downturn
SolarEdge Technologies, a leading provider of solar energy solutions, announced it would lay off 400 employees, including 200 in Israel. The company cited a market downturn at the end of 2023 and the beginning of …
Continue readingUnilever to Cut One-Third of Office Jobs in Europe by 2025
Unilever, the consumer goods giant, announced plans to cut a third of its office roles in Europe by the end of 2025. The move is part of a larger cost-saving program aimed at boosting the …
Continue readingCNN Undergoes Major Restructuring, Cuts 100 Jobs to Focus on Digital Future
CNN is cutting around 100 jobs as part of a plan to restructure its operations and strengthen its digital business. The move, outlined in an internal memo, reflects a growing trend across media companies as …
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