Tag #Workforce Reduction

Showing 1 to 12 of 27 results

themarker.com
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Fiverr Cuts 30% of Workforce Amidst AI-Driven Restructuring

Fiverr, an Israeli freelancing marketplace, laid off 250 employees, or 30% of its workforce, to streamline operations and focus on AI-driven product development and improved efficiency, while maintaining its financial projections.

Progress

24% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Corporate Layoffs: Short-Term Gains, Long-Term Pain

Major corporations are conducting widespread layoffs to boost efficiency, but this approach carries significant risks, including loss of institutional knowledge, decreased employee morale, and potential damage to the company's reputation.

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56% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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P&G to Cut 7,000 Jobs Amidst Sales Decline

Procter & Gamble announced 7,000 job cuts (15% of its non-manufacturing workforce) over two years due to declining sales ($19.8 billion in Q3, down 2% year-over-year) and a challenging business environment; the company also plans portfolio changes, including possible brand divestitures.

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32% Bias Score

Decent Work and Economic Growth
npr.org
🌐 75% Global Worthiness
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Federal Employees Face Layoff Decisions Amidst Government Downsizing

Facing President Trump's federal government downsizing, thousands of US federal employees are deciding between accepting severance packages with paid benefits through September or risking termination, highlighting the uncertainty and pressure employees face.

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36% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 85% Global Worthiness
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Four Federal Agencies Reopen Resignation Program Amid Workforce Cuts

Four federal agencies are offering employees a deferred resignation program with paid leave until September to reduce the federal workforce, as part of the Trump administration's initiative, with deadlines ranging from April 8th to 18th.

Progress

40% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 85% Global Worthiness
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Trump Administration Orders Mass Layoffs of Federal Employees

President Trump's February 11th executive order mandated federal agencies to submit layoff plans by March 13th, 2025, resulting in thousands of terminations across numerous agencies, including the Department of Education (1300), EPA, NASA, and VA, impacting non-essential roles and probationary emplo...

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64% Bias Score

Reduced Inequality
cbsnews.com
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Amazon to Reduce Workforce with Increased AI Adoption

Amazon plans to reduce its corporate workforce in the next few years as it increases its reliance on generative AI to improve efficiency, a move that caused a slight dip in the company's stock price.

Progress

48% Bias Score

dailymail.co.uk
🌐 85% Global Worthiness
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Amazon's Robot Workforce Surpasses One Million, Signaling Job Market Shift

Amazon's warehouse automation has surpassed one million robots, nearing its human workforce; while boosting productivity and some wages, it's displacing jobs and slowing hiring, reflecting a broader trend impacting Microsoft and Procter & Gamble.

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52% Bias Score

Decent Work and Economic Growth
theguardian.com
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White House to Cut 1,200 CIA Jobs

The White House plans to cut the CIA's staffing by 1,200 positions over several years, part of a broader Trump administration effort to downsize the federal workforce and align intelligence agencies with the president's national security priorities; other agencies, including the NSA, will also face ...

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32% Bias Score

Peace, Justice, and Strong Institutions
cnn.com
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Four Federal Agencies Reopen Deferred Resignation Program Amidst Planned Layoffs

The Departments of Agriculture, Defense, and Energy, along with the General Services Administration, are offering employees a deferred resignation program with paid leave until September to reduce their workforce, with deadlines ranging from April 8th to 18th.

Progress

44% Bias Score

Decent Work and Economic Growth
cnnespanol.cnn.com
🌐 85% Global Worthiness
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Federal Judge Orders Reinstatement of Fired Probationary Employees

A federal judge ordered six federal agencies to immediately reinstate probationary employees fired last month, deeming the Office of Personnel Management's directive for their dismissal illegal.

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36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Government Buyouts Reflect Broader Layoff Trend, Impacting Retirement Planning

The U.S. government offered buyouts to 2 million federal employees, with 75,000 accepting, reflecting a broader trend of large institutions reducing workforces, impacting retirement planning for many Americans.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 27 results