Tag Archives: Job Cuts

Global consulting giant McKinsey & Co. has unveiled plans to cut nearly 360 jobs worldwide, affecting about 3% of its specialist and technically-skilled workforce. This move comes as McKinsey adjusts its capabilities to align with shifting client priorities amid a slowdown in demand for its services.

In a move that has sent ripples through the tech industry, International Business Machines Corp (IBM) has reportedly initiated layoffs within its marketing and communications division. The decision, disclosed in a brief seven-minute meeting by Jonathan Adashek, IBM's Chief Communications Officer, has left many employees grappling with uncertainty.

Tata Steel and the UK government's joint £1.25 billion investment deal sparks both hope and protests. While the deal promises to save jobs and transform the steel plant in South Wales, concerns linger about potential layoffs.