The company attributes the reduction in staff to increased implementation of AI technology and automation. Despite the job cuts, Rocket Companies returned to profitability in 2024 after ...
However, the company expects to reduce its headcount in 2025. It said: “This reduction will principally result from synergy delivery, along with ongoing cost discipline.” There are a total of ...
According to the CIPD’s recent Labour Market Outlook, a third of businesses are planning headcount reductions. Employers have dwindling business confidence and are bracing for the impact of NIC and ...
The reduction in headcount and the associated costs are expected to streamline the company’s operations, potentially leading to better financial performance in future quarters. While today’s ...
A third of employers across Australia are expecting an increase in headcount in the next three months as hiring sentiment among employers improves since the first quarter of the year. ManpowerGroup's ...
The tech industry will be doubling its headcount addition in to 1.25 lakh new jobs in the financial year 2024-25, from 60,000 in the last fiscal year, according to the Annual Strategic Review ...
Milwaukee manufacturer Brady Corp. said the headcount reduction results from Brady executives reviewing the company’s global footprint, including markets where sales are down. Brady Corp. is ...
After being targeted in the DOGE office's efforts to cut federal spending and root out waste, USAID on Friday lost a major court battle, leaving the international aid agency gutted while legal ...
Within goods-producing industries, manufacturing posted a modest headcount increase (up 0.3 per cent). Growth on the services side was driven by a large rebound in transportation and warehousing ...
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The Department of Government Efficiency has recommended firing hundreds of government employees — but the team itself is staffing up. Elon Musk, who helms DOGE's push for head count cuts across ...
Headcount reductions in early 2025 have taken place at companies in a broad range of sectors, impacting thousands of employees. Nearly 49,800 jobs received the ax from U.S. companies in January ...