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layoffs

  • Boeing Issues Layoff Notices to 400-Plus Workers as It Begins Drastic Cuts
    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, 2024BY The Associated Press
  • Chinese Carmakers Targeting Rivals with Inexpensive Cars | Business Matters (October 28)
    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, 2024BY Don Ma
  • Qantas Faces Millions in Penalties After Losing ‘Test Case’ Over COVID-Era Sackings
    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, 2024BY Rex Widerstrom
  • Property Losses Add Up After Storms, Many Uninsured | Business Matters (Oct. 15)
    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, 2024BY Don Ma
  • Paramount Starts Cutting 15 Percent of US Workforce
    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, 2024BY 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)
    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, 2024BY Don Ma
  • Stellantis to Cut Up to 2,450 Jobs as Ram 1500 Classic Production Winds Down
    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, 2024BY Tom Ozimek
  • These Companies Have Laid Off Canadian Workers in 2024
    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, 2024BY The Canadian Press
  • BuzzFeed Sells Complex to NTWRK for $108.6 Million, Announces Layoffs
    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, 2024BY Katabella Roberts
  • Cisco Systems to Lay Off More Than 4,000 Workers in Latest Sign of Tighter Times in Tech
    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, 2024BY The Associated Press
  • Ex-CEO Warns Inflation and Mass Layoffs Reveal ‘Tremendous Shift’ in Economy
    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, 2024BY Jack Phillips
  • Major Layoffs to Continue in 2024
    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, 2024BY Patricia Tolson
  • Warner Music Terminating 600 Jobs in ‘Strategic Restructuring’ Plan
    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, 2024BY Katabella Roberts
  • PayPal Laying Off 9 Percent of Global Workforce as Tech Layoffs Continue
    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, 2024BY Katabella Roberts
  • CBC CEO Questioned Over Performance Bonuses, Including Her Own, Amid Projected 800 Job Cuts
    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, 2024BY William Crooks
  • eBay Laying Off Thousands of Employees Due to ‘External Pressures’
    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, 2024BY Katabella Roberts
  • Macy’s to Slash 2,350 Jobs and Close 5 Stores
    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, 2024BY Jane Nguyen
  • Intel Lays Off 311 Employees in Santa Clara and Folsom, Continuing Mass Layoffs
    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, 2024BY Dylan Morgan
  • Chinese Workers’ Protests Doubled in 2023, Posing a Threat to CCP’s Rule: China Observers
    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, 2024BY Sophia Lam
  • Hasbro Cuts 1,100 Jobs, or 20 Percent of Its Workforce, Prompted by Ongoing Malaise in Toy Business
    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, 2023BY The Associated Press
  • Pfizer to Cut 500 Jobs at UK Site as Part of Wider Cost Cuts
    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, 2023BY Reuters
  • Beyond Meat Cuts Non-Production Workforce by 19 Percent With Demand for Plant-Based Meat Weak
    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, 2023BY The Associated Press
  • Alphabet Lays Off Hundreds From Global Recruitment Team
    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, 2023BY Reuters
  • ANALYSIS: US Firms Start Cutting Pay, Laying Off Staff as Labor Market Cools
    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, 2023BY Andrew Moran
  • Roku Cutting 10 Percent of Workforce, Freezing Hiring
    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, 2023BY Katabella Roberts
  • Sinking Profits Means Layoffs
    Sinking Profits Means Layoffs
    Commentary Even as the gross domestic product has surprised on the upside, the emerging profits picture points to ...
    July 28, 2023BY Milton Ezrati
  • ANALYSIS: South Korean Tech Workers in China Grapple With Layoff Wave
    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, 2023BY Lisa Bian
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    NEW By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    2hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    3hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    5hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    5hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
    6hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    10hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    11hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
    12hr By Jacob Burg
    How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    17hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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