layoff Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/layoff/ Latest business news media headlines platform today | Lets talk Business Fri, 01 Nov 2024 05:42:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://heaptalk.com/wp-content/uploads/2025/04/cropped-fav-icon-48x48-1-32x32.png layoff Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/layoff/ 32 32 Dropbox lays off 528 of its global workforces https://heaptalk.com/news/dropbox-lays-off-528-of-its-global-workforces/ Fri, 01 Nov 2024 05:42:07 +0000 https://heaptalk.com/?p=43652 Heaptalk, Jakarta — US-based cloud company Dropbox announced to slash its global workforce by 528 people, approximately 20% of the total team. This measure is expected to align with its long-term growth initiatives and profitability objectives more. “As we have shared over the last year, we are in a transitional period as a company. Our […]

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]]> Tokopedia confirms layoff plan as a part of its growth strategy https://heaptalk.com/news/tokopedia-confirms-layoff-plan-as-a-part-of-its-growth-strategy/ Fri, 14 Jun 2024 06:42:37 +0000 https://heaptalk.com/?p=33056 Heaptalk, Jakarta — Tokopedia confirmed to trim an undisclosed number of employees following ByteDance’s layoff which will begin June 2024. According to Nuraini Razak, the Director of Corporate Affairs of Tokopedia and ShopTokopedia, the company has identified several areas for strengthening within the organization and adjusted its teams to align with its goals. “As a […]

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]]> Google new round of layoff, shifts several teams abroad in a bid of cost reduction https://heaptalk.com/news/google-new-round-of-layoff-shifts-several-teams-abroad-in-a-bid-of-cost-reduction/ Fri, 19 Apr 2024 06:22:05 +0000 https://heaptalk.com/?p=28264 Heaptalk, Jakarta — Alphabet’s Google is reportedly holding its second round of layoffs this year by trimming unspecified employees to diminish expenses. The giant tech’s job-cutting decision has impacted its staff in multiple units, including Google’s real estate and finance division. In the finance department, Google will let go of its team in treasury, business services, […]

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]]> ShopBack axes 195 employees, focusing on sustainable growth https://heaptalk.com/news/shopback-axes-195-employees-focusing-on-sustainable-growth/ Thu, 21 Mar 2024 03:49:56 +0000 https://heaptalk.com/?p=25803 Heaptalk, Jakarta — Singapore’s shopping and rewards company, ShopBack, reduced its employees by about 24%, becoming more focused and self-sustainable. “Undoubtedly, this decision is one of the most complex ways we have had to make in our company’s history. We will reduce the size of our team by 195 roles to become more focused and self-sustainable as […]

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]]> Replacing jobs with AI, IBM lays off team in marketing department https://heaptalk.com/whats-on/replacing-jobs-with-ai-ibm-lays-off-team-in-marketing-department/ Thu, 14 Mar 2024 01:36:02 +0000 https://heaptalk.com/?p=25324 Heaptalk, Jakarta — International Business Machines (IBM) declared to carry out layoff for its marketing and communications department. Based on its official statement, IBM aimed to slash 8,000 workforces and has cut 4,000 emlployees. The job cuts come as this behemoth technology corporation continues to change jobs with artificial intelligence (AI) and other emerging technologies. As […]

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]]> Indonesia’s health-tech Halodoc lays off about 350 employees https://heaptalk.com/news/indonesias-health-tech-halodoc-lays-off-about-350-employees/ Wed, 15 Nov 2023 04:49:05 +0000 https://heaptalk.com/?p=16795 Heaptalk, Jakarta — Indonesia-based health-tech startup Halodoc reportedly performs layoff of 350 employees, representing 20% job-cutting in the engineering and other departments. Halodoc’s layoffs are forced to be completed due to macroeconomic, political, and geopolitical obstacles. The company claimed that the significant turbulence in macroeconomic, political, and geopolitical situations globally and domestically requires overall business players to […]

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]]> Pluang axes 10% workforce, facing a decline in the investment market https://heaptalk.com/news/pluang-axes-10-workforce-facing-a-decline-in-the-investment-market/ Tue, 22 Aug 2023 03:45:06 +0000 https://heaptalk.com/?p=11907 Pluang claimed the purchasing power diminishment influenced the market and caused a decline in investment product demand, impacting the layoff. Heaptalk, Jakarta — A wealthtech startup Pluang, reportedly performed a layoff for a workforce based in Indonesia, Singapore, and India. As the company said in the official press release, the economic challenges remain globally and […]

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]]> Executes new layoff round, Google to cut its staff in the mapping apps Waze https://heaptalk.com/news/executes-new-layoff-round-google-to-cut-its-staff-in-the-mapping-apps-waze/ Wed, 28 Jun 2023 06:18:07 +0000 https://heaptalk.com/?p=10954 The job cuts of Google towards Waze’s employees impact multiple roles in the Waze Ads unit, including sales, marketing, operations, and analytics. Heaptalk, Jakarta — Google announced to conduct another job-cutting move toward its employees in the mapping applications business lines Waze. According to the email from the Head of Google’s maps division (Geo), Chris Philips, […]

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]]> Following Grab’s layoffs, Uber cuts 200 employees in the Recruitment team https://heaptalk.com/news/following-grabs-layoffs-uber-cuts-200-employees-in-the-recruitment-team/ Fri, 23 Jun 2023 04:08:33 +0000 https://heaptalk.com/?p=10856 Despite performing job-slashing towards its workforce, Uber also launches new features for riders in India, namely Audio Seatbelt Reminder. Heaptalk, Jakarta — Global ride-sharing giant Uber Technologies announced slashing 200 staff in its recruitment division on Wednesday (06/21) to retain a steady headcount and minimize expenses. The latest job-cutting represents less than 1% of Uber’s global […]

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]]> Singapore’s Grab trims 1,000 employees, the biggest layoff round since the pandemic https://heaptalk.com/whats-on/singapores-grab-trims-1000-employees-the-biggest-layoff-round-since-the-pandemic/ Thu, 22 Jun 2023 04:13:47 +0000 https://heaptalk.com/?p=10833 With tough competition in ride-sharing and food delivery services in Southeast Asia, Grab slashes its 11% employees. Heaptalk, Jakarta — Singapore’s giant ride-hailing company, Grab Holding Ltd, is preparing the biggest layoff rounds since the pandemic because the company has faced increasing competition in ride-sharing and food delivery services in Southeast Asia. According to Bloomberg, the company […]

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]]> Job search platform LinkedIn axes over 700 jobs and ceases its China’s apps operations https://heaptalk.com/news/job-search-platform-linkedin-axes-over-700-jobs-and-ceases-its-chinas-apps-operations/ Tue, 09 May 2023 10:15:33 +0000 https://heaptalk.com/?p=10120 Besides performing layoffs towards 716 jobs, LinkedIn also decides to finish phasing out the InCareer platform by August 9, 2023. Heaptalk, Jakarta — A Microsoft Corp-owned social media network focusing on business professionals, LinkedIn, is reported to reduce approximately 716 jobs (05/04). Apart from slashing its workforce, this company also plans to cease its job search […]

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]]> Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023 https://heaptalk.com/whats-on/performing-a-second-layoff-round-morgan-stanley-to-reduce-3000-workforces-in-q2-2023/ Tue, 02 May 2023 07:02:01 +0000 https://heaptalk.com/?p=9969 Following the latest layoff wave towards 4% of its employees, Morgan Stanley investment banking business unit slump 24% last month. Heaptalk, Jakarta — Morgan Stanley is reported to slash its employees in the second quarter of 2023. As informed by the company’s spokesperson, this job-cutting consideration will impact about 3,000 workforces. This efficiency move becomes the […]

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]]> Facing a profit dwindle, A giant investment BlackRock reduces 500 staff https://heaptalk.com/news/facing-a-profit-dwindle-a-giant-investment-blackrock-reduces-500-staff/ Fri, 13 Jan 2023 09:01:40 +0000 https://heaptalk.com/?p=7871 BlackRock workforce termination move represents 3% of the total employees at 19,900 as of September 2022. Heaptalk, Jakarta — BlackRock Inc, a giant asset management based in the United States, announced the layoff of about 500 employees. The impacted employees are estimated at 3% of BlackRock workforces in total. This investment company diminished the team […]

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]]> Goldman Sachs to layoff 3,200 employees https://heaptalk.com/news/goldman-sachs-is-reported-to-layoff-3200-employees/ Tue, 10 Jan 2023 09:19:25 +0000 https://heaptalk.com/?p=7796 Goldman Sachs‘ layoff consideration will also be concurrent with the bank’s annual bonus payment, which the value is predicted to lower by 40%. Heaptalk, Jakarta — The layoff tsunami phenomenon has widened in several business sectors, and the financial industry does not immune to this crisis. Recently, An investment banking corporation based in the United States, […]

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]]> Google signals layoffs in 2023, sacrificing employees with low-performance ratings https://heaptalk.com/technology/google-signals-layoffs-in-2023/ Tue, 27 Dec 2022 04:28:02 +0000 https://heaptalk.com/?p=7572 Google has 186,779 full-time employees as of Q3 2022, a 24% year-on-year (YoY) increase. Heaptalk, Jakarta — The news of layoffs blows hard at the technology giant company Google. The rumor started with the implementation of a new performance review system in 2023. As cited by CNBC, more employees will likely earn low ratings, making […]

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]]> Shipper startup declares an 8% layoff toward its employees https://heaptalk.com/news/shipper-startup-declares-an-8-layoff-toward-its-employees/ Wed, 14 Dec 2022 07:28:16 +0000 https://heaptalk.com/?p=7392 Shipper will continue strengthening its ambition to accelerate the digital transformation among Indonesia’s SMEs through the integrated supply chain service. Heaptalk, Jakarta — Indonesia’s logistic aggregator startup, Shipper, declared to terminate around 65 workforces, or approximately 8% of the employees in total, effective on December 8th, 2022. Perceiving the macroeconomic uncertainty worldwide, the company has considered […]

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]]> Sayurbox lessens 5% of its workforces to retain business sustainability https://heaptalk.com/news/sayurbox-lessens-5-of-its-workforces-to-retain-business-sustainability/ Fri, 09 Dec 2022 02:40:40 +0000 https://heaptalk.com/?p=7329 With the current situation, Sayurbox would continue to elevate its business core to generate numerous benefits for Indonesia’s farmers and local producers. Heaptalk, Jakarta — A terrible layoff storm is still happening around the startup in Indonesia, one of which is the layoff announcement from the e-grocery startup, Sayurbox. This startup was forced to cut […]

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