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Boeing to Cut 10% of Workforce As reported by CNN , aircraft maker Boeing plans to cut 10% of its total staff “over the coming months.

Chinese Finance Industry Experiencing Significant Pay Cuts As the country experiences an economic downturn across industries, employees in the Chinese financial sector have taken compensation cuts of as much as 40% in 2023, Bloomberg News reports .

Survey: 76% of Canadian Employers Mandating Partial or Full Return to Office Seventy-six percent of surveyed Canadian employers are mandating employees return to the office partially or full time, citing productivity, team communication and workplace culture as key drivers for the decision, according to a new study by Cisco Systems Inc.

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Citigroup has said that the overhaul will lead to more job cuts, but hasn’t yet put a number on the level of layoffs.

Nokia to Cut Up to 14,000 Jobs Nokia said it would cut up to 14,000 jobs as part of a cost reduction plan following a plunge in third-quarter earnings, CNBC reported .

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“When apprentices complete the program, they move into a permanent role at the full wage for that occupation.”

Google, Amazon Announce Cuts in 2024 As reported by the Washington Post , Google confirmed Wednesday it had cut hundreds of engineering and hardware workers as it sought to reduce costs and refocus on artificial intelligence.

Simply put, set-it-and-forget-it rewards strategies generally won’t cut it in the current state of work.