Major Layoffs In November: Schaeffler, Oracle, KPMG, Nissan, Bosch And More
ABP NewsThe saga of layoffs continues in November as well, with some big firms firing thousands of employees to tackle the ongoing economic challenges around the world. Here Is The List Of Some Of The Major Layoffs In November KPMG Layoffs KPMG, one of the "Big Four" accounting firms, announced this month that it has eliminated around 330 positions from its US audit team, representing less than 4 per cent of its nearly 9,000 audit employees. Freshworks Layoffs Dennis Woodside, CEO of Nasdaq-listed Freshworks, announced this month that the company would reduce its workforce by 13 per cent, resulting in around 660 job cuts. AMD Layoffs Advanced Micro Devices has revealed plans to reduce its global workforce by 4 per cent, resulting in approximately 1,000 job cuts. Ford Layoffs Ford has announced plans to cut nearly 4,000 jobs across Europe by the end of 2027, representing about 14 per cent of its regional workforce.