EF: BUSINESS AT WORK

Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave -source

November shipments from Foxconn’s Zhengzhou plant to drop further – source Workers’ discontent at the factory turned into protests this week More than 20,000 workers, mostly new recruits, left – source TAIPEI, Nov 25 (Reuters) – Foxconn’s (2317.TW) China’s flagship iPhone factory is expected to see its November shipments further reduced by the latest bout …

Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave -source Read More »

Amazon laid off some devices unit staff as it targets 10,000 cuts

November 16 (Reuters) – Amazon.com Inc. (AMZN.O) said on Wednesday it laid off some employees in its device group, with a person familiar with the company saying it was still targeting around 10,000 job cuts, including in its retail division and human resources. The announcement, Amazon’s first since news outlets including Reuters announced its layoff …

Amazon laid off some devices unit staff as it targets 10,000 cuts Read More »

Twitter lays off staff as Musk blames activists for ‘massive’ ad revenue drop

Musk seeks to lay off about half of Twitter’s workforce Employees file class action lawsuit against Twitter Staff lose access to systems Volkswagen removes ads Nov 4 (Reuters) – Twitter Inc began a major round of layoffs on Friday, alerting employees to their status via email after barring entry to offices and cutting off workers’ …

Twitter lays off staff as Musk blames activists for ‘massive’ ad revenue drop Read More »