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News and Articles About 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.
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.
How to Regroup When You've Lost Your Way
Should your company falter, here's how you can get it back on track.
Sears Said to Close Stores, Lay Off About 5,500 Employees
The struggling retailer could close more than 100 stores before the end of the year, a news report says.
Angry Birds Maker Rovio to Cut Up to 130 Jobs
Company CEO: 'We have been building our team on assumptions of faster growth than have materialized.'
Zappos CEO Tony Hsieh's 'Great American Techtopia' Is in Trouble
Tony Hsieh, a cult-like figure and the CEO of Zappos, is reportedly stepping down as leader of his $350 million project to transform Downtown Las Vegas into a city built entirely for entrepreneurs.
Cisco to Cut 6,000 Jobs in Restructuring Plan
The network equipment maker delivered better-than-expected quarterly results, but announced it will cut about 8 percent of its workforce.
Microsoft Reportedly Prepping Massive Round of Layoffs
The announcement, which could arrive as soon as this week, comes as the company seeks to integrate roughly 30,000 new employees on the heels of its Nokia acquisition.
Fab's CEO Refutes 'Hateful Rumors' That His Company Is Shutting Down
After a report surfaced that the struggling ecommerce site is starting to close down, CEO and co-founder Jason Goldberg took to Twitter to deny the claims.
Hewlett-Packard CEO: Job Cuts Will Be 'Good for Our Customers'
Hewlett-Packard chief Meg Whitman defended the company's plans to cut up to 16,000 workers.
This Could Be Fab's Last Breath
The troubled ecommerce site will fire about a third of its staff in its latest round of layoffs and its founder's blog has disappeared.
Disney Interactive Lays Off 700 Employees
Disney's struggling video game and digital media subsidiary slashed its workforce by 26 percent on Thursday.
Sony Now Predicts a $1.1 Billion Loss, Shuts Down PC Business
The struggling Japanese electronics maker is undergoing a costly restructuring.
Brian Patrick Eha
Zynga Makes Its Biggest Buy Yet, Announces Fresh Round of Layoffs
The struggling gaming company is letting 15 percent of its employees go while making way for a new addition in the acquisition of U.K. competitor NaturalMotion.
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