Oct 2, 2024 · Reports have surfaced that Samsung Electronics plans to lay off thousands of employees in Southeast Asia, Australia, and New Zealand as part of its global workforce …

Jun 5, 2025 · A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic outlook.

Feb 8, 2023 · Job cuts at Pakistan-based e-commerce firm Daraz follow a workforce reduction of more than 15,000 at parent Alibaba in the first nine months of 2022.

Oct 4, 2024 · Samsung Electronics is laying off employees in Southeast Asia, Australia, and New Zealand, with cuts expected to impact around ten percent of the workforce in the regions.

Jan 16, 2024 · Lazada, the primary e-commerce platform of Alibaba Group in Southeast Asia, has been the talk of the town since the turn of the year. On January 3, as first reported by The …

Oct 17, 2024 · Although total headcount across the world only fell 0.6 per cent, job cuts in some practices will have been more severe.

May 17, 2023 · While the Asia-Pacific investment banking unit may be affected in this round of job cuts, it must be noted that every round of Morgan Stanley layoffs are a part of a global …

May 1, 2018 · Summary. Today layoffs have become companies’ default response to the challenges created by advances in technology and global competition.

Jan 31, 2024 · The company also revealed plans to implement a workforce reduction of 12,000 employees in 2024 as part of a strategic resource alignment effort. The job cuts are expected …

The decision to restructure comes as part of HSBC’s broader effort to adapt to changing market conditions and manage shrinking profits, particularly as falling interest rates begin to pressure …