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The list of major companies laying off staff this year, including Porsche, Wayfair, Starbucks, and Meta
- Several major companies, including HPE, Meta, Microsoft, and Chevron, are conducting layoffs in 2025 as part of cost-cutting measures.
- The rise of artificial intelligence is leading to job cuts across various industries, with 41% of companies worldwide expecting to reduce their workforces.
- Companies like CNN, Dropbox, and IBM have already announced job cuts related to artificial intelligence.
- Adidas plans to cut up to 500 jobs in Germany despite strong performance, aiming to align its operating model with its work reality.
- Ally Bank is laying off about 500 employees and offering support for affected workers.
- BlackRock is cutting about 1% of its workforce to realign resources with its business strategy.
- Blue Origin, Jeff Bezos' rocket company, is laying off about 10% of its staff to prioritize manufacturing output and launch efficiency.
- Boeing is cutting 400 roles from its moon rocket program due to delays and rising costs related to NASA's Artemis missions.
- BP is slashing 7,700 staff and contractor positions globally as part of a program to simplify and focus the company.
- Bridgewater Associates cut 7% of its staff to maintain a lean structure, returning its headcount to 2023 levels.
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