On October 10, it was learned that Volkswagen China's layoffs were still in progress, mainly involving imported car business, with a scale of nearly 100 people.。In the current round of layoffs, Volkswagen gives employees two options: one is to move out of Beijing and work in Hefei; the other is to directly lay off employees and compensate them - up to N + 6 The compensation plan is much higher than that of other car companies.。

Boeing announced that production of its best-selling 737 MAX and other models has been suspended due to the strike action, and the company has temporarily placed tens of thousands of employees on leave。

After GAC Honda laid off more than 2,000 people in May, another joint venture of Honda in China, Dongfeng Honda, recently launched a large-scale layoff with voluntary resignation as the core method, and there are rumors that due to better compensation programs, there are also employees queuing up to grab layoffs.。A Dongfeng Honda insider confirmed that the Dongfeng Honda provided nearly 2,000 exit channels, compensation can be given to the "N + 2 + 1," the laid-off employees are mainly production line workers, which is the first time Dongfeng Honda has experienced a wide range of layoffs in the past two years.。On September 10, Dongfeng Honda responded that the optimization is to better improve the operational efficiency of the enterprise, accelerate strategic transformation and optimization, will be mainly aimed at the production field, and the use of voluntary turnover of employees in the form of appropriate and reasonable compensation program for employees.。Dongfeng Honda's massive layoffs have long been heralded, and due to its sluggish performance in the Chinese market, Honda plans to cut 30 percent of its fuel vehicle production capacity in China from 1.49 million to 1 million per year through initiatives such as plant closures, the largest cut among Japanese car companies.。

Intel executives are working to address the company's cash flow problems to generate blood for the company's future production activities.

TikTok's layoffs in Africa are not alone.

According to insiders, it is expected that the scope of layoffs will be around 450 people, accounting for about 9% of the total number of employees in the department, and will start as early as this month.

According to media reports, Alphabet's Google will lay off at least 100 employees from multiple teams in its cloud business.

In the face of the company's ongoing layoffs, Google and Alphabet CEOs Sundar Pichai recently stated in an interview that the company is "taking the time to do this right".

Toshiba is cutting 5,000 jobs, which is about 10% of its Japanese workforce. This significant move follows the company's delisting from the stock market and is part of a strategic partnership with Japan Industrial Partners (JIP) to focus on growth sectors like digital technology and infrastructure. The layoffs aim to: Drive corporate restructuring and focus on high-growth areas. Improve profitability by merging business units and cutting excess staff. Avoid financial instability after past challenges with financial misreporting. These changes are steps toward Toshiba's planned IPO in five years, hoping to revitalize the company for a stronger future.

On Monday, Tesla suddenly announced that it would lay off 10% of its workforce globally, shocking the market. At the same time, two Tesla executives also announced their departure from Tesla.

According to an internal memo to employees from Daraz Group's acting CEO, James Dong, Daraz will make group-wide layoffs.。

Apple will close an office in San Diego related to its artificial intelligence business, and 121 employees in the office are at risk of being fired.。

Margin trading giant IG Group to slash jobs to cut cost base。As of the end of fiscal year 2023, IG Group's proposed layoffs represent approximately 10% of the company's total workforce.。

As the tech industry rapidly changes, Google recently announced that it will lay off hundreds of people in its global hiring division。It was part of the company's plan to cut jobs in the coming quarters, marking its decision to reassess the size of the business and its operating strategy.。Brian Ong, Google's vice president of recruitment, expressed regret to employees during a video conference on Wednesday and pointed out that the company needs to significantly reduce the size of its recruitment team.。He stressed that the decision was not taken lightly, but was a necessary step for the company's future development.。

In the first half of 2023, the U.S. technology industry announced more than 140,000 job cuts, an increase of 2,353% over the same period last year.。But so far this year, on a month-on-month basis, layoffs have slowed by nearly 80 percent, with an overall downward trend.

Goldman Sachs is reportedly signaling at its monthly executive meeting that it will take more painful steps to cut costs。Goldman Sachs is accelerating its plan to cut $1 billion in costs as managers target smaller and smaller projects and consider cutting more staff。

Hundreds of employees at Credit Suisse quit every week, according to media reports, suggesting the bank faces a lot of uncertainty when it is taken over by rival UBS.。

Alibaba Group Holding Ltd's cloud division has reportedly begun a round of layoffs, which could affect about 7 percent of its workforce, as part of a sweeping overhaul aimed at preparing the once-fast-growing segment for a spin-off and eventual IPO。