cuts Archives - Cepat.Uk

Cruise, GM’s Self-Driving Arm, Announces Significant Job Cuts Cruise's Job Cuts Amid Safety Concerns and Regulatory Scrutiny

Cruise, the self-driving vehicle business majority-owned by General Motors (GM), has revealed plans to cut 900 jobs, amounting to 24% of its workforce. This announcement comes amid increased scrutiny from…

cepat December 15, 2023

Market

The Potential Impact of the Fed’s Looming Rate Cuts on Your Finances The Current Economic Landscape

For nearly two years, the economic narrative has been dominated by runaway inflation and unprecedented central bank efforts to curb it. However, a promising shift in interest rates, offering a…

cepat December 15, 2023

Market

Virgin Galactic Rises On Space Tourism Revenue, Job Cuts

Virgin Galactic is spinning into a new orbit in the ever-dazzling world of commercial space travel with daring decisions like laying off 18% of its staff and pausing space flights…

cepat November 9, 2023

Market

Citigroup’s Management Contemplating Major Job Cuts in Ongoing Reorganization

Citigroup (C.N), one of the world’s leading financial institutions, is reportedly considering job cuts of at least 10% in several of its major business units, CNBC reported, according to sources…

cepat November 6, 2023

Market

Unacademy’s Graphy cuts about 30% jobs; company denies layoffs, cites performance as reason

A startling development has surfaced in the constantly changing world of Unacademy, the Indian edtech behemoth. Graphy, a software-as-a-service (SaaS) platform from Unacademy, recently made headlines when it announced the…

cepat October 29, 2023

Market

Volkswagen plans job cuts, further launch delays at software unit – manager magazin

One of the top automakers in the world, Volkswagen, has revealed a big change within its Cariad software division. Two thousand jobs will be eliminated by the corporation as part…

cepat October 28, 2023