No leetrenchment…only “Buy-out” employees de woh, a silent wave of chopping cumiming COF or COB or CIA or CIM?

k1976

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Google offers buyouts to employees across the company, including Search​

PUBLISHED TUE, JUN 10 20254:10 PM EDTUPDATED 4 HOURS AGO
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Jennifer Elias@JENN_ELIAS
WATCH LIVE
KEY POINTS
  • Google on Tuesday offered buyouts to employees within its knowledge and information and central engineering units as well as marketing, research and communications teams, CNBC has learned.
  • Some teams are also mandating office returns for remote workers who live within 50 miles of an office, Google confirmed to CNBC.
  • The buyouts are part of the company’s effort to reduce headcount, which Google has continued to do in waves since laying off 12,000 employees in 2023.
 
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Jetstar Asia to cease operations from July 31, over 500 employees affected​

Eileen Ng
Updated Wed, 11 June 2025 at 8:50 AM SGT3-min read

Jetstar Asia will continue to operate flights for the next seven weeks on a progressively reduced schedule, before its final day of operation on 31 July 2025.

Jetstar Asia will continue to operate flights for the next seven weeks on a progressively reduced schedule, before its final day of operations on July 31.
SINGAPORE - Jetstar Asia will cease operations from July 31 as part of its “strategic restructure”, said the Singapore-based airline in a statement on June 11.

Over 500 employees will be affected by the closure, with the airline assuring that it will offer a range of support, including retrenchment benefits and employment opportunities.

Jetstar Asia said it will continue to operate flights for the next seven weeks with a progressively reduced schedule across its short haul international network out of Singapore, before its final day of operations on July 31, 2025.
 
Job cuts are usually targeted to reduce headcount and eliminate a specific job description without due consideration to the affected staff’s link to the company. The years of experience, rapport with important customers and knowledge about key accounts may not have been considered by the management.
 
Job cuts are usually targeted to reduce headcount and eliminate a specific job description without due consideration to the affected staff’s link to the company. The years of experience, rapport with important customers and knowledge about key accounts may not have been considered by the management.
Many middle management and individual contributors in Microsoft just found out last month…
We may find out soon in Paradise Island
 
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Affected Jetstar Asia staff to get 4 weeks' salary for each year of service​

PHUKET, THAILAND - 2018/03/20: A Jetstar Asia Airways Airbus 320 lands at Phuket airport. (Photo by Fabrizio Gandolfo/SOPA Images/LightRocket via Getty Images)

Staff affected by the Jetstar Asia closure will receive 4 weeks' salary for each year of service. (PHOTO: Fabrizio Gandolfo/SOPA Images/LightRocket via Getty Images)(SOPA Images via Getty Images)More
Staff affected by the Jetstar Asia closure will receive four weeks' salary for every year they have worked with the company. The Singapore-based airline announced earlier on Wednesday (11 June) that they will cease operations from 31 July. The decision was made after an extensive and careful review.

Qantas Group, parent company of Jetstar Asia, clarified that only 16 intra-Asia routes will be impacted by the closure of Jetstar Asia, with no changes to Jetstar Airways (JQ) and Jetstar Japan (GK) services into Asia.

More than 500 staff will be retrenched, and they will also receive a bonus payment for the financial year of 2025, a special thank you payment and continued access to staff travel benefits for a period equivalent to their tenure.

A Jetstar Asia spokesperson said, "We are committed to supporting team members who are impacted by this announcement the best way we can."
 
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