In a significant development for the hospitality industry, US-based Westgate Resorts has announced the layoff of 357 employees as part of its efforts to streamline operations. This decision, impacting workers primarily in…
Tag: lay
FedEx to lay off up to 2,000 employees FedEx to Lay Off Up to 2,000 Employees Amid Weak Freight Demand
In a significant move to streamline operations and reduce costs, FedEx has announced plans to lay off between 1,700 and 2,000 employees. This decision comes as the company grapples with a decline…
Ahead of CEO Hemant Bakshi’s resignation, Ola Cabs plans to lay off 300 employees
One of the top ride-hailing services in India, Ola Cabs, has lately experienced major organizational and leadership changes. The resignation of the CEO, Hemant Bakshi, who only started three months ago, has…
Nike to lay off about 2% of its employees to lower costs
The multinational leader in athletic gear, Nike, has revealed plans to eliminate about 1,600 jobs, or about 2% of its staff, as a calculated response to industry problems. This choice was made…