Downsizing
Meta restructures metaverse division after investing more than 60 billion USD
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After years of burning tens of billions of USD for metaverse, Meta is restructuring Reality Labs to focus resources and respond to increasingly fierce AI competition.
Ho Chi Minh City increases Deputy Chairman of Commune-level People's Committee, sharply reduces Deputy Director of Department
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Ho Chi Minh City deploys the election of 83 additional Vice Chairmen of Ward and Commune People's Committees, and at the same time reduces dozens of Deputy Directors of departments.
AI affects 200,000 bank personnel in Europe
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European banks plan to cut 200,000 jobs as artificial intelligence (AI) becomes increasingly popular.
Nearly 43.3% of workers are carrying additional work of the group of personnel who have been cut
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A newly published report by Vieclam24h shows that nearly 43.3% of workers are taking on additional work for the group of employees who have been laid off.
Mr. Trump supports the dismissal of a series of federal employees
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The Trump administration has filed a lawsuit with the US Supreme Court to seek the overturning of a ruling that opposes large-scale personnel cuts.
WHO in crisis after losing funding from the US
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WHO is considering a plan to cut a large number of personnel just a few months after the US government decided to withdraw from the organization.
Panasonic cuts 10,000 global personnel to restructure
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Panasonic Group (Japan) has just announced that it will cut 10,000 employees globally.
US Secretary of Defense declares deep streamlining of 4-star generals
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US Secretary of Defense Pete Hegseth ordered a 20% reduction in the number of 4-star generals in the personnel streamlining that shook the Pentagon.
2,100 US Department of Education employees are at risk of being fired
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President Donald Trump signed an executive decree on March 20 to begin the dissolution of the US Department of Education.
Today, Mr. Trump may sign a decree to close the Department of Education
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US President Donald Trump is expected to sign an executive decree today to close the Department of Education, fulfilling his important campaign pledge.
US military is subject to cuts and mergers
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The plan to cut and merge a number of military forces could put the US government in front of many consequences, especially political risks.
Trump administration fire hundreds of scientists
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The Trump administration is planning to fire hundreds of scientists and researchers working in the federal government.
US Vice President Admits Elon Musk's Mistake
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JD Vance Vice President admitted that Elon Musk made some mistakes in the process of cutting down the government apparatus.
Russian oil and gas giant discusses streamlining 40% of personnel at headquarters
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Russian energy giant Gazprom is discussing a 40% cut in its headquarters.
Microsoft lays off many departments
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Microsoft confirmed that it will cut staff in many departments based on performance evaluation.
