Layoffs

News and Articles About Layoffs

Can We Agree That the Nokia Buy Was a Total Disaster for Microsoft?
Acquisitions

Can We Agree That the Nokia Buy Was a Total Disaster for Microsoft?

After write-offs, an impairment charge, and thousands of job cuts, can Microsoft recoup any value from its $7.2 billion Nokia acquisition? Let the debate begin.
Microsoft Reportedly Planning Major Job Cuts
Layoffs

Microsoft Reportedly Planning Major Job Cuts

The latest job cuts would be in addition to the 18,000 jobs Microsoft said it planned to cut a year ago.
Zynga Announces Layoffs As Part of Restructuring Effort
Layoffs

Zynga Announces Layoffs As Part of Restructuring Effort

Shares were up about 7 percent in extended trading hours.
Tesla Shedding Jobs in China as Sales Target Missed
Tesla

Tesla Shedding Jobs in China as Sales Target Missed

Some positions are being eliminated while others are added, but overall headcount has gone down in a restructuring drive.
Target to Cut Thousands of Jobs as It Seeks to Trim Costs by $2 Billion
Target

Target to Cut Thousands of Jobs as It Seeks to Trim Costs by $2 Billion

The big retailer is battling back after a massive data breach and sluggish performances.
Buying a Rival: Zillow CEO Talks Trulia Deal, Integration and Layoffs
Acquisitions

Buying a Rival: Zillow CEO Talks Trulia Deal, Integration and Layoffs

Zillow has completed its $2.5 billion acquisition of online real estate rival Trulia.
Elon Musk Threatens Layoffs After Tesla Sold Just 120 Cars in China Last Month
Tesla

Elon Musk Threatens Layoffs After Tesla Sold Just 120 Cars in China Last Month

Many Tesla owners in China, which Musk has said is a market rife with potential, complain of an inadequate charging infrastructure.
Geoff Weiss
Iconic Teen Makeup Brand Bonne Bell Is No More
Fashion

Iconic Teen Makeup Brand Bonne Bell Is No More

The maker of the world's first flavored lip balm is closing its doors for good, but sweet, sweet Lip Smackers will live on.
Kim Lachance Shandrow
McDonald's Lays Off Employees as Part of $100 Million Cost-Cutting Effort
McDonalds

McDonald's Lays Off Employees as Part of $100 Million Cost-Cutting Effort

The fast-food giant is cutting 63 corporate jobs after a spectacularly difficult 2014.
Kate Taylor
Massive Layoffs Are Reportedly Brewing at eBay Ahead of PayPal Spinoff
Layoffs

Massive Layoffs Are Reportedly Brewing at eBay Ahead of PayPal Spinoff

Plans are in the works to shed as much as 10 percent of eBay's workforce.
Laura Entis
Fab Was Once Valued at $1 Billion. Now, It May Sell for a Fraction of That.
Fab

Fab Was Once Valued at $1 Billion. Now, It May Sell for a Fraction of That.

Less than a year and a half ago, the ecommerce company raised $150 million at a $1 billion valuation. Today, the company is reportedly on the block for $15 million.
Laura Entis
Ecommerce Shop Fancy Just Laid Off a Third of Its Staff
Layoffs

Ecommerce Shop Fancy Just Laid Off a Third of Its Staff

The site, which was rumored to be in acquisition talks with eBay in September, is said to have scaled its team down to 10 or 15 from 45 a year ago.
Alyson Shontell
American 'Work Martyrs' Are Too Afraid to Take Time Off, Study Finds
Vacations

American 'Work Martyrs' Are Too Afraid to Take Time Off, Study Finds

Last year, Americans willfully neglected $52.4 billion worth of time-off benefits.
Geoff Weiss
How to Regroup When You've Lost Your Way
Survival Strategies

How to Regroup When You've Lost Your Way

Should your company falter, here's how you can get it back on track.
Kate Swoboda