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Markets
Nike to slash over 1,600 jobs to cut costs
Technology
Cisco to let go over 4,000 workers in restructuring exercise
Licious lays off 3% of its workforce amid restructuring exercise
Car-sharing firm Getaround cuts 30% of jobs as part of restructuring
DocuSign in rejig mode
Entertainment
Warner Music Group to cut 600 jobs to invest more in music
AI-based writing assistant Grammarly to lay off 230 employees
Zoom lays off 150 employees, Okta slashes 400 jobs
Polygon Labs slashes nearly 19% of its workforce for 'enhanced performance'
Cybersecurity firm Proofpoint slashes 280 jobs globally
Wipro likely to cut hundreds of jobs to improve margins
Storytelling platform Wattpad cuts nearly 15% jobs in another layoff round