The Oslo-based company, with a workforce of over 1,200 in the UK, aims to lay off 500 employees by the end of the year, 235 of which will be in the domestic market.
In the contemporary tech world, large-scale layoffs have become common. Several notable technology companies are laying off thousands of employees, not for performance issues but rather to carry out a company-wide restructuring of their workforce. Organizations, from small start-up companies to large global companies, are restructuring their workforce for cost savings, implementing new technologies, or reorganizing to address the constantly changing technology landscape.
Who is the company planning to lay off 2,000 employees?
Ørsted, the energy company from Denmark, has announced layoffs. Ørsted, one of the world’s biggest w