Job cuts

Canva announces layoffs, job changes for about 22% of workforce

Some 1,271 people, or 22% of Canva’s staff, will lose their jobs, change roles or relocate to central hubs, chief executive officer Melanie Perkins said.

Disney eyes thousands of layoffs, with managers asked to target 20% in cost savings

The 20% in annual cost savings could come from job eliminations as well as from expense reductions.

British telecoms firm Virgin Media O2 to cut thousands of jobs, Sky News reports

Lao Gan Ma faces backlash over AI automation claims, company denies mass layoffs

Headlines claiming that Lao Gan Ma laid off more than 500 workers after adopting AI sparked widespread criticism on social media.

Can AI replace government jobs? World is watching the Dutch

Engineers testing commands on the AI-powered Nexus system during flight tests with multiple drones in the Netherlands on Sept 30.

Microsoft to offer buyouts to 60,000 workers in latest cost cut

The world’s largest software maker has shed tens of thousands of workers in waves of layoffs in recent years.

Dutch government plans to cut 25,000 jobs in AI-led overhaul, eventually saving $5b a year

Dutch Prime Minister Rob Jetten (left) watching a demonstration by an AI robot in Amsterdam on Oct 7.

Volvo Cars to cut 2,500 jobs as third quarter swings to loss

Volvo Cars will cut 2,500 jobs, mostly in Sweden, amid tough competition from Chinese automakers and weaker sales in the US.

US media group Comcast planning significant job cuts as part of reorganisation

The company has been losing cable TV subscribers for some time as customers cut the cord in favour of streaming options.

eBay to lay off 9% of workforce in push to simplify operations, internal memo shows

EBay has set itself apart from rivals by pushing into authenticated luxury goods, collectibles and refurbished products, which draw enthusiasts willing to pay more for valuable items.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.