Layoffs

Business News

Chevron Announces Layoffs Affecting Up to 8,000 Workers: 'Stronger Long-Term Competitiveness'

The oil producer said the layoffs are part of a cost-cutting initiative.

Business News

'I Didn't Know What I Was Doing': PayPal's Cofounder Says When It Comes to Layoffs, CEOs Should Help Employees Pack Their Boxes

Max Levchin, cofounder of PayPal and CEO of Affirm, shares what he believes is the most decent way to handle the unpleasant task of carrying out layoffs.

Business News

Google Is Offering a 'Voluntary Exit' For Some Employees After a Petition Signed by 1,400 Googlers Calls For Job Security

The buyouts apply to U.S. employees in Google's platforms and devices division.

Business News

'I Hate Bureaucracy': Leaked Internal Amazon Document Reveals How the Tech Giant Is Cutting Down on Middle Management

Amazon could soon let go of thousands of managers, resulting in savings of up to $3.6 billion.

Business News

'Difficult Decision': Amazon Announces a New Round of Layoffs. Here Are the Roles Affected.

Amazon's latest layoffs affect two specific departments.

Business News

Over 1,300 Google Employees Have Signed a New Petition Asking For Job Security

Google laid off thousands of employees in the past two years, which has left some employees feeling insecure about keeping their jobs.

Business News

'Flubbed Completely': A Company Mistakenly Sent a Picture of Cartoon Duck to Employees When Laying Them Off

Payments company Stripe had some communication issues when conducting layoffs this week.

Business News

At Least 50 Local TV Meteorologists Across the Country Were Just Laid Off — Here's Why

The layoffs are happening at over two dozen local television stations and some meteorologists have more than 35 years of experience with the same channel.

Business News

Citigroup Eliminated More Jobs This Week. Here's Which Roles Were Affected.

Citigroup aims to cut 20,000 jobs by 2026 and is now more than halfway to its goal.

Business News

Microsoft Is Set to Cut Jobs as Big Tech Layoffs Surge Into the New Year

In 2024, there were around 151,484 employees laid off from 542 tech companies.