Latest in Chevron Slash Workforce
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Chevron wants to save about $3 billion. Layoffs are on the horizon.
The integrated energy company said that layoffs will affect 15% to 20% of its employees, starting this year and with most layoffs completed before the end of 2026.MarketWatch - 27m -
Chevron will slash up to 20% of its workforce as part of cost-cutting plan
The layoffs will begin this year with most of the cuts complete before the end of 2026.CNBC - 6h -
Chevron to Lay Off Up to 20% of Staff
The second-largest U.S. oil company may cut as many as 9,000 workers worldwide in an effort to cut costs.The New York Times - 6h -
The Guardian view on spending cuts: behold the grim return of slash-and-burn government | Editorial
Spending public money carefully is a virtue in itself, but running down the public sector can cause huge problems later on. Slash-and-burn government is back in vogue. Whether it is Elon Musk and ...The Guardian - 7h -
Ye’s Swastika T-Shirt Was Pulled From Sale, but Not Before Unsettling Shopify’s Workforce
The e-commerce platform found itself in an unenviable position thanks to Kanye West. Did it put things right? Kind of.Inc. - 7h -
Banks slash savings rates after Bank of England rate cut
Dozens of providers reduce rates or withdraw products following BoE moveFinancial Times - 9h -
Fast break AI: How Databricks helped the Pacers slash ML costs 12,000X% while speeding up insights
The jaw-dropping decrease is a credit not only to Databricks, but PS&E's ability to reduce ML compute to near-infinitesimal amounts.VentureBeat - 1d -
Oil giant Chevron to lay off thousands in bid to cut up to 20% of global workforce
No 2 US oil firm aims for $3bn in cost cuts through 2026 and seeks to simplify business after production challenges. Chevron will lay off 15-20% of its global workforce by the end of 2026, the US ...The Guardian - 7h -
Chevron to slash up to 20% of its workforce
US oil group announces cuts despite Donald Trump’s exhortation to ‘drill, baby, drill’Financial Times - 7h -
Fogel reflects on time in Russian prison; Trump empowers Musk to slash federal workforce
Marc Fogel, an American school teacher who was detained in Russia for more than three years, was welcomed at the White House Wednesday night where he said he's still processing his time in ...CBS News - 13h -
Fintech unicorn Zepz to lay off 20% of its global workforce, sources say
London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.CNBC - 15h -
Medical research in jeopardy as Trump seeks to slash funding
Grants from the National Institutes of Health have helped create breakthroughs in cancer treatments, heart disease and vaccine development. But scientists from some of the nation's top medical labs ...CBS News - 1d -
Collins, Britt raise concerns about NIH move to slash billions in research costs
Two Republican senators, including a reliable ally of President Trump, have raised concerns about the National Institutes of Health's (NIH) decision to cut billions of dollars of “indirect” costs ...The Hill - 2d -
Inside Monday’s AI pivot: Building digital workforces through modular AI
AI adoption is not a one and done, it’s a journey that enterprises and software vendors alike are on, from assistants to agentic AI.VentureBeat - 2d -
EU watchdog warns of resistance to Brussels’ bid to slash red tape
Esma chair says national pushback to harmonising rules risks undermining its push to become a European SECFinancial Times - 2d -
Judges block Musk's efforts to slash federal spending
Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.NBC News - 4d -
NIH announces it's slashing funding for indirect research costs
The National Institutes of Health announced that the agency is making cuts to grants that support research institutions by limiting the amount of indirect funding for research projects to just 15%.NBC News - 4d -
The Slash-and-Burn Tactics Musk Brings to Washington Often Backfired at Twitter
Can Elon Musk’s track record at X help predict the results of his current exploits within the U.S. federal government?Inc. - 5d -
USAID Workforce Slashed From 10,000 to Under 300 as Elon Musk’s DOGE Decimates Agency
The US government’s primary foreign aid organization is losing the vast majority of its staff, forcing the agency’s lifesaving work to screech to a halt.Wired - 6d -
Federal Employees Push Back on Trump’s Job Slashing Drive
Civil servants, officials, and outside groups are challenging Trump’s frenzied orders to slash federal agencies and headcounts, often denouncing them as illegal.Inc. - 6d