Layoffs

News and Articles About Layoffs

U.S. Jobless Claims Rise, and Planned Layoffs Surge
Unemployment

U.S. Jobless Claims Rise, and Planned Layoffs Surge

Most of the announced job cuts were concentrated in the energy sector, which is reeling from low oil prices that have hurt profits.
Intel to Cut Up to 12,000 Jobs Globally as PC Industry Declines
Intel

Intel to Cut Up to 12,000 Jobs Globally as PC Industry Declines

Many new tech users around the world turn to mobile phones for their computing needs, and corporations increasingly rely on big machines rather than desktop models to run their businesses.
American Apparel Lays Off Workers, Considers Outsourcing
American Apparel

American Apparel Lays Off Workers, Considers Outsourcing

An estimated 500 employees have lost their jobs since layoffs began last week, according to a news report.
Boeing to Cut More Than 4,500 Jobs
Layoffs

Boeing to Cut More Than 4,500 Jobs

The divisions that conduct flights and lab tests as well as the commercial airplanes department will be downsized, the company says.
Smartwatch Maker Pebble Lays Off Quarter of Staff
Pebble

Smartwatch Maker Pebble Lays Off Quarter of Staff

CEO says the layoffs are required due to 'a chilly fundraising environment' in Silicon Valley.
Jason Cipriani
SurveyMonkey Lays Off 100 Employees, Says Focus Will Be on Businesses
Layoffs

SurveyMonkey Lays Off 100 Employees, Says Focus Will Be on Businesses

This is the latest change after nearly a year of turmoil.
Kia Kokalitcheva
Zenefits Lays Off 17 Percent of Workers to 'Refocus'
Zenefits

Zenefits Lays Off 17 Percent of Workers to 'Refocus'

Zenefits has been in crisis mode for the last few weeks after removing its CEO and founder, Parker Conrad.
Erin Griffith
Yahoo Announces First Round of Layoffs as it Trims 15 Percent of Workforce
Yahoo

Yahoo Announces First Round of Layoffs as it Trims 15 Percent of Workforce

The layoffs take effect April 11 and affected employees received 60-day advance notice of the move
Yahoo Reportedly Fired a Bunch of Workers by Accident
Yahoo

Yahoo Reportedly Fired a Bunch of Workers by Accident

As many as 30 employees were said to have been let go, only to be later told that they were simply on a shortlist.
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.