Layoffs

News and Articles About Layoffs

Looking to Cut Costs, Sprint Slashes 2,500 Jobs
Sprint

Looking to Cut Costs, Sprint Slashes 2,500 Jobs

The wireless carrier has shuttered call centers in Texas, New Mexico, Virginia, and Tennessee.
Hundreds of Employees Laid Off at Staples HQ
Layoffs

Hundreds of Employees Laid Off at Staples HQ

The 'bloodbath' affected both senior and junior employees.
Johnson & Johnson to Cut 3,000 jobs in Medical Devices Division
Layoffs

Johnson & Johnson to Cut 3,000 jobs in Medical Devices Division

The company said the restructuring would affect its orthopaedics, surgery and cardiovascular businesses within the larger medical devices unit.
Wal-Mart Pulls Plug on Smallest Store Format, Shuts 269 Stores
Wal-Mart

Wal-Mart Pulls Plug on Smallest Store Format, Shuts 269 Stores

The move comes three months after Chief Executive Officer Doug McMillon disclosed plans to review the retailer's global operations and shut underperforming stores.
Sources: Yahoo to Slash 10 Percent of Workforce
Yahoo

Sources: Yahoo to Slash 10 Percent of Workforce

The layoffs, which would result in more than 1,000 people leaving the tech giant, is set to affect Yahoo's media business, European operations, and platforms-technology group.
Microsoft Lays Off 30 From Its HoloLens Team
Microsoft

Microsoft Lays Off 30 From Its HoloLens Team

The tech giant is downsizing the Israel-based team working on an augmented reality headset.
Why SunTrust Required Laid-off Employees to 'Be on Call' for 2 Years in Severance Package
Severance Pay

Why SunTrust Required Laid-off Employees to 'Be on Call' for 2 Years in Severance Package

The company didn't really mean it, though. Here's what businesses can learn from the bank's confusing cooperation clause.
Dan Steiner
Oil Prices Drop, Chevron Slashes 2016 Budget in Response
News and Trends

Oil Prices Drop, Chevron Slashes 2016 Budget in Response

Cutting the budget by 25 percent will mean laying off 7,000 employees.
Uber's Latest Expansion: Weekly News
Weekly News Roundup

Uber's Latest Expansion: Weekly News

Plus: Why Kickstarter cut a bladeless razor company's campaign after it raised millions.
Tanya Benedicto Klich
Twitter Is Slashing 8 Percent of Its Workforce
Twitter

Twitter Is Slashing 8 Percent of Its Workforce

The layoffs come about a week after Jack Dorsey became permanent CEO.
MakerBot Lays Off 20 Percent of Its Staff for the Second Time This Year
Layoffs

MakerBot Lays Off 20 Percent of Its Staff for the Second Time This Year

The layoffs at the 3-D printer company are in addition to the significant cuts made in April.
Whole Foods to Cut About 1,500 Jobs
Whole Foods

Whole Foods to Cut About 1,500 Jobs

The cost-cutting measure will allow the company to invest in technology upgrades.
Hewlett-Packard Is Planning Massive Job Cuts
Layoffs

Hewlett-Packard Is Planning Massive Job Cuts

The tech company expects to slash about 10 percent of its workforce over the next three years as it adjusts to falling demand.
The Maker of Angry Birds Is Planning to Slash Up to 39 Percent of Its Workforce
Angry Birds

The Maker of Angry Birds Is Planning to Slash Up to 39 Percent of Its Workforce

The Finnish company has failed to create a new hit game since the 2009 launch of Angry Birds.