Barclays Bank Announces Global Layoffs of 5,000 Employees to Cut Operational Costs

Barclays Bank Announces Global Layoffs of 5,000 Employees to Cut Operational Costs

Jakarta – The well-known British bank Barclays said it had carried out mass layoffs (PHK) of around 5,000 of its employees globally. Banks admitted that this step was taken to cut operational costs. Reporting from Reuters, Tuesday (9/1/2024), most of the cuts occurred in the bank’s service support unit, Barclays Execution Services or what is … Read more

Delta Airlines Announces Layoffs Amidst Industry Struggle with Rising Costs – Jakarta News

Delta Airlines Announces Layoffs Amidst Industry Struggle with Rising Costs – Jakarta News

Jakarta – The giant United States (US) airline, Delta Airlines, is reportedly carrying out layoffs (PHK). The company did this in the midst of the aviation industry’s struggle with rising fuel and labor costs. Reporting from CNBC International, Thursday (2/11/2023), Delta did not specify how many jobs would be reduced. The company also said the … Read more

Unveiling the Rise of ‘Quiet Cutting’: Companies Laying Off Employees Indirectly

Unveiling the Rise of ‘Quiet Cutting’: Companies Laying Off Employees Indirectly

It’s not just employees who are “Quiet Quitting” (not dedicated to their work, Do your duties day to day), but many companies are doing “Quiet Cutting”, indirectly laying off employees, doing it quietly without them realizing it, by giving them new work that has never been done before or giving them work that is less … Read more