News about layoffs: events, facts and developments on tafs uz.
9 stories
The Dutch government intends to eliminate nearly 25,000 public-sector jobs while actively deploying artificial intelligence. According to an official letter dated October 26, savings will reach 3.5 billion euros per year by 2035, and 900 million euros by 2027. The cuts will not affect the police or defense, but will hit ministries, inspectorates and agencies.
Otabek YusupovThe company launched a Voluntary Exit Offer program for employees in the US, Canada, India, and the UK. According to media reports, the offer could cover up to 60,000 people — about a quarter of the workforce. This is Microsoft's second such initiative this year.
Otabek YusupovMeta's third-quarter revenue grew 26% to $64.6 billion, exceeding analysts' expectations. Headcount fell 12% to about 66,000 after summer layoffs affecting roughly 10% of staff. The company raised the lower end of its capital expenditure guidance to $135 billion and announced the issuance of Class C shares in January 2027.
Sevara AzamovaElectronic Arts announced the layoff of 400 employees (3% of its workforce) and the closure of BioWare, a studio founded in 1995. The next Mass Effect game and one of The Sims projects (Project Lotus) have been cancelled. The decision followed EA's purchase by investors led by Saudi Arabia for $55 billion in August.
Madina UsmonovaAutomattic — the parent company of WordPress.com, WooCommerce and Tumblr — has begun layoffs affecting communications, social media, WordPress.com and the VIP business. TechCrunch sources say the cuts may continue in the coming months. This follows a failed attempt by the board of directors to remove CEO Matt Mullenweg in September and the departure of a number of top executives, including the CFO and chief legal officer.
Javlon TursunovNetflix reported better-than-expected earnings: EPS $0.87, revenue $12.87 billion (+12% y/y), net income $3.66 billion. The company acknowledged investor concerns about slowing viewing hours and revenue growth, announced layoffs of about 1,000 employees (6%) and a change of content chief: Bela Bajaria is being replaced by Peter Rice. Despite solid results, shares fell more than 5%.
Sevara AzamovaCanadian Industry Minister Mélanie Joly said that the American steelmaker Cleveland-Cliffs could be forced to sell its Canadian assets if it cuts up to 500 employees at Stelco. Ottawa cites job-preservation commitments made when Stelco was purchased in 2024 under the Investment Canada Act. Cleveland-Cliffs CEO Lorenzo Goncalves called the government's actions 'bullying' and attributed the layoffs to Trump administration tariffs.
Dilnoza RahimovaNetflix announced layoffs of roughly 6% of its staff, about 1,000 people, mainly in product, technology, legal and HR. In a memo, co-CEOs Ted Sarandos and Greg Peters said the business is 'strong and growing' and the company remains on track for its annual forecast. This is the largest layoff since 2022; the quarterly report is expected on October 20.
Nilufar KarimovaNetflix is cutting about 1,000 jobs, roughly 6% of its workforce, in its largest layoffs since 2022. Co-CEOs Greg Peters and Ted Sarandos announced the cuts in an email to employees, citing the need for discipline in prioritizing people and resources. Most layoffs will affect product development, technology, legal, and HR divisions. Netflix had about 16,000 full-time employees at the end of 2025, and its market capitalization has fallen nearly 25% since the start of 2026.
Dilnoza Rahimova
