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layoffs
Over 2,700 HCMC workers to receive 13th-month salary bonus as Korean factory closes before Tet

Over 2,700 HCMC workers to receive 13th-month salary bonus as Korean factory closes before Tet

More than 2,700 garment workers of Panko Vina which is set to close its factory in Ho Chi Minh City in several weeks will receive a 13th-month salary as a relief before Tet.
No bonus, no jobs: Thousands of Vietnam garment workers struggle as Korean factory shuts down before Tet

No bonus, no jobs: Thousands of Vietnam garment workers struggle as Korean factory shuts down before Tet

Meta to cut 600 jobs in Superintelligence Labs as AI unit gets major shake-up

Meta to cut 600 jobs in Superintelligence Labs as AI unit gets major shake-up

How 3,500 hours of studying secured my career

How 3,500 hours of studying secured my career

Afraid of losing my job in the aftermath of Covid-19, I pushed myself to study relentlessly — and five years of waking up at 4 a.m. have finally brought me greater job security.
April 26, 2025 | 03:00 pm PT
Nearly all sinking developer's staff get unpaid leave

Nearly all sinking developer's staff get unpaid leave

Without any money to pay salaries, the Housing Development and Trading Corporation (HDTC) has put nearly all of its employees on temporary unpaid leave starting Nov. 26.
November 18, 2023 | 03:43 pm PT
Indonesia tech firm GoTo to cut 600 more jobs

Indonesia tech firm GoTo to cut 600 more jobs

Indonesia's biggest tech firm PT Goto Gojek Tokopedia announced on Friday another round of layoffs aimed at streamlining the organisation and boosting the company's profitability.
March 10, 2023 | 12:59 am PT
Layoffs at real estate firms on the rise

Layoffs at real estate firms on the rise

Real estate firms in Vietnam are laying off a growing number of employees due to a stagnant property market.
March 7, 2023 | 03:57 pm PT
Amazon's outlook disappoints as customer budgets stay tight

Amazon's outlook disappoints as customer budgets stay tight

Amazon.com Inc on Thursday said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consumers and cloud customers clamping down on spending.
February 2, 2023 | 08:28 pm PT
Philips scraps 6,000 jobs in drive to improve profitability

Philips scraps 6,000 jobs in drive to improve profitability

Dutch health technology company Philips said on Monday it would scrap 6,000 jobs to restore its profitability following a recall of respiratory devices that knocked off 70% of its market value.
January 30, 2023 | 12:23 am PT
Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

Microsoft Corp on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for potential recession.
January 18, 2023 | 06:22 pm PT
Goldman Sachs to start cutting thousands of jobs midweek

Goldman Sachs to start cutting thousands of jobs midweek

Goldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the move said, as it prepares for a tough economic environment in the year ahead.
January 9, 2023 | 12:37 am PT
Amazon CEO says job cuts to exceed 18,000 roles

Amazon CEO says job cuts to exceed 18,000 roles

Amazon.com Inc's layoffs will now stretch to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday.
January 4, 2023 | 07:02 pm PT
Twitter's top global policy official departs as layoffs continue

Twitter's top global policy official departs as layoffs continue

Twitter Inc's public policy chief has left the company amid additional layoffs to the unit on Thursday, sources familiar with the matter told Reuters, as billionaire owner Elon Musk continues to slash costs.
December 22, 2022 | 06:33 pm PT
Gloomy job market makes year-end layoffs dire

Gloomy job market makes year-end layoffs dire

Nguyen Thu Huong is upset and worried after her second layoff from a job in a month and does not know where to apply next.
November 27, 2022 | 03:30 pm PT
Facebook parent Meta is preparing large-scale layoffs this week, Wall Street Journal reports

Facebook parent Meta is preparing large-scale layoffs this week, Wall Street Journal reports

Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday.
November 6, 2022 | 05:50 pm PT
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