Layoffs

Business News

Jack Dorsey Tells Tidal Staff About Another Round of Mass Layoffs in Leaked Note: 'Much Smaller Team'

The memo didn't specify how many people would be let go, but insiders estimate that about a quarter of staff, or 100 employees, could be affected.

Business News

Meta Fires Employee Making $400,000 Per Year Over a $25 Meal Voucher Issue

Other staff members were fired for the same reason, per a new report.

Starting a Business

She Started a Business With $300 After Getting Laid Off. It Made $300,000 in Year 1 and Became a Multimillion-Dollar Company.

Bobbie Racette wanted to revamp the virtual assistance space — and provide job opportunities for underrepresented communities at the same time.

Leadership

Before Laying People Off, Try Improving Communication for Employees. Here's How.

Boosting workplace communication is a smarter alternative to layoffs, enhancing productivity and trust during economic uncertainty.

Business News

'Tough Day For All of Us:' Intel CEO Announces Layoffs Affecting 15,000 People

The majority of layoffs will happen by the end of the year.

Career

How to Tell You're About to Get Fired — Plus 4 'Typical' Reasons for It, From a Career Expert

Emily Levine, executive vice president of recruitment and advisory firm Career Group Companies, breaks down what you need to know.

Business News

Tesla Now Has Nearly 800 New Jobs Open — Up From Only 3 Roles in May

The job openings could indicate where Elon Musk wants to steer Tesla next.

Leadership

Layoffs Have Dominated Headlines For the Last Few Years — and Great People Are Being Let Go. Here's How to Snatch Them Up Before Someone Else Does.

As leaders of growing companies, success depends on our ability to acquire and keep the very best talent. With the right strategy, you might hire a game-changer.

Business Culture

Thinking of Laying Off Staff? Here's Why Job Cuts Might Be Bad For Your Business

Layoffs are a short-sighted approach that reduces workers to data points and budget line items while ignoring the value of retaining employees over the long term, even when economic times are tough.

Business News

'Everyone Is in Complete Shock': A 500-Person Tesla Team Found Out 'in the Middle of the Night' Their Charger Division Was Laid Off

Other car companies that use the technology, such as General Motors and Ford, also weren't expecting the news, according to reports.

Business News

Some Tesla Factory Workers Realized They Were Laid Off When Security Scanned Their Badges and Sent Them Back on Shuttles, Sources Say

On Monday morning, the officials picked out the workers who'd been laid off and sent them back in separate vans, the two workers said.

Business News

Elon Musk Informs Tesla Staff That Layoffs Will Affect at Least 14,000 Employees — Read the Leaked Email

The layoffs impact more than 10% of Tesla's 140,473-person workforce.

Business News

I Was Poached and Then Laid Off 60 Days Later. I Was Embarrassed to Talk About It, but Doing So Helped Me Get My Next Job.

Posting on LinkedIn about being let go helped lead to new connections and, ultimately, a new job.