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layoffs
Boeing Issues Layoff Notices to 400-Plus Workers as It Begins Drastic Cuts
SEATTLE—Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial ...
November 17, 2024
BY
The Associated Press
Chinese Carmakers Targeting Rivals with Inexpensive Cars | Business Matters (October 28)
Chinese automakers aiming to disrupt the luxury car market by redefining “Made in China” as a symbol of ...
October 28, 2024
BY
Don Ma
Qantas Faces Millions in Penalties After Losing ‘Test Case’ Over COVID-Era Sackings
The national carrier will need to pay penalties for the COVID-era decision to stand down 1,700 workers.
October 20, 2024
BY
Rex Widerstrom
Property Losses Add Up After Storms, Many Uninsured | Business Matters (Oct. 15)
Property losses are adding up in the wake of Hurricanes Helene and Milton. Several analysts put the number ...
October 15, 2024
BY
Don Ma
Paramount Starts Cutting 15 Percent of US Workforce
Paramount has launched its workforce-reduction plan, cutting 15 percent of US staff to save $500 million amid industry ...
August 13, 2024
BY
Tom Ozimek
Trump Says Presidents Should Have a Say on Setting Interest Rates; 2,500 Detroit Autoworkers Laid Off | Business Matters Full Broadcast (Aug. 9)
Former President Donald Trump says that, if he is reelected, he should have a say in the Federal ...
August 9, 2024
BY
Don Ma
Stellantis to Cut Up to 2,450 Jobs as Ram 1500 Classic Production Winds Down
Stellantis is planning to lay off thousands of workers at its Warren plant as it shifts production to ...
August 9, 2024
BY
Tom Ozimek
These Companies Have Laid Off Canadian Workers in 2024
Canadians are continuing to be laid off as part of a wave of job cuts that began in ...
March 4, 2024
BY
The Canadian Press
BuzzFeed Sells Complex to NTWRK for $108.6 Million, Announces Layoffs
BuzzFeed has announced plans to lay off dozens of employees after selling Complex to live-video shopping platform NTWRK, ...
February 22, 2024
BY
Katabella Roberts
Cisco Systems to Lay Off More Than 4,000 Workers in Latest Sign of Tighter Times in Tech
SAN FRANCISCO—Internet networking pioneer Cisco Systems is jettisoning more than 4,000 employees, joining the parade of technology companies ...
February 15, 2024
BY
The Associated Press
Ex-CEO Warns Inflation and Mass Layoffs Reveal ‘Tremendous Shift’ in Economy
A former top corporate executive warned that the economy doesn't appear to be on a fast path to ...
February 13, 2024
BY
Jack Phillips
Major Layoffs to Continue in 2024
Continuing the trend from 2023, more major layoffs are coming in 2024. Data collected by DemandSage show that ...
February 9, 2024
BY
Patricia Tolson
Warner Music Terminating 600 Jobs in ‘Strategic Restructuring’ Plan
News of the job cuts comes on the same day the company revealed impressive financial results.
February 8, 2024
BY
Katabella Roberts
PayPal Laying Off 9 Percent of Global Workforce as Tech Layoffs Continue
Layoffs at the online payments system company come as more than 28,000 other jobs have been cut by ...
January 30, 2024
BY
Katabella Roberts
CBC CEO Questioned Over Performance Bonuses, Including Her Own, Amid Projected 800 Job Cuts
The CEO of the Canadian Broadcasting Corporation underwent two hours of questioning Jan. 30 from Heritage Committee members ...
January 30, 2024
BY
William Crooks
eBay Laying Off Thousands of Employees Due to ‘External Pressures’
E-commerce giant eBay announced on Jan. 23 that it is laying off 1,000 of its full-time employees, citing ...
January 24, 2024
BY
Katabella Roberts
Macy’s to Slash 2,350 Jobs and Close 5 Stores
The department store chain announced Thursday that Macy’s is cutting 2,350 jobs and closing five stores. The layoffs ...
January 19, 2024
BY
Jane Nguyen
Intel Lays Off 311 Employees in Santa Clara and Folsom, Continuing Mass Layoffs
Intel recently laid off 311 employees across two campuses in California, 235 from Folsom and 76 from its ...
January 5, 2024
BY
Dylan Morgan
Chinese Workers’ Protests Doubled in 2023, Posing a Threat to CCP’s Rule: China Observers
Chinese workers staged twice as many protests to defend their rights in 2023 compared to the previous year, ...
January 3, 2024
BY
Sophia Lam
Hasbro Cuts 1,100 Jobs, or 20 Percent of Its Workforce, Prompted by Ongoing Malaise in Toy Business
NEW YORK—Toy maker Hasbro said Monday it is cutting about 1,100 jobs, or 20 percent of its workforce, ...
December 12, 2023
BY
The Associated Press
Pfizer to Cut 500 Jobs at UK Site as Part of Wider Cost Cuts
Pfizer will cut 500 jobs at its Sandwich, Kent site in the U.K. as part of its $3.5 ...
November 14, 2023
BY
Reuters
Beyond Meat Cuts Non-Production Workforce by 19 Percent With Demand for Plant-Based Meat Weak
Beyond Meat is cutting 19 percent of its non-production workforce after a weaker-than-expected third quarter. The plant-based meat ...
November 4, 2023
BY
The Associated Press
Alphabet Lays Off Hundreds From Global Recruitment Team
Google parent Alphabet is laying off employees from its global recruiting team as the tech giant continues to ...
September 14, 2023
BY
Reuters
ANALYSIS: US Firms Start Cutting Pay, Laying Off Staff as Labor Market Cools
Goldman Sachs lays off workers and Walmart cuts pay in changing U.S. labor market.
September 8, 2023
BY
Andrew Moran
Roku Cutting 10 Percent of Workforce, Freezing Hiring
Digital streaming device maker Roku is planning yet another round of layoffs and will slow down on hiring ...
September 7, 2023
BY
Katabella Roberts
Sinking Profits Means Layoffs
Commentary Even as the gross domestic product has surprised on the upside, the emerging profits picture points to ...
July 28, 2023
BY
Milton Ezrati
ANALYSIS: South Korean Tech Workers in China Grapple With Layoff Wave
News Analysis South Korea, once the reigning champion in the global display manufacturing industry, has reportedly lost its ...
July 19, 2023
BY
Lisa Bian
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
NEW
By
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
2hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
3hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
5hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
5hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
6hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
10hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
11hr
By
Naveen Athrappully
How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
12hr
By
Jacob Burg
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
17hr
By
Melanie Sun