Layoffs
Walmart Is Laying Off 1,500 Corporate Employees: 'Reshaping Our Structure'
The layoffs affect Walmart's global technology, advertising, and e-commerce teams.
TikTok Is Laying Off Some U.S.-Based Employees This Week. Here's What We Know.
TikTok did not disclose the number of employees affected by the layoffs.
Microsoft's Mass Layoffs Affected at Least 800 in Software Engineering, According to New Documents
About one-third of the total roles cut were reportedly at Microsoft HQ in Redmond, Washington.
Everyone's Preaching 'Workforce Efficiency' — Translation: More Layoffs. Here's a Better Solution
Across-the-board job cuts make a business less efficient. To make smarter workforce decisions, companies should connect the dots between people and business results.
UPS Is Laying Off 20,000 Employees and Closing Over 70 Locations: 'Reduce Cost'
UPS announced the move as part of its first-quarter earnings report on Tuesday.
Intel Is Reportedly Cutting 20% of Its Workforce Under a New CEO
Over 21,000 roles could be affected, marking Intel's biggest layoff round yet.
Google Layoffs Affect Hundreds in Division Working on Chrome Browser, Pixel Phones
A Google spokesperson said the move would help Google run more efficiently.
Layoffs Skyrocketed to Near Pandemic Highs in March. Here Are the Industries Impacted the Most.
Layoffs increased by 60% from February to March.
Morgan Stanley Plans to Lay Off 2,000 Workers, Replacing Some with AI
Morgan Stanley's planned job cuts are both performance and AI-based.
Goldman Sachs Asks Some Managers to Move From Major Hubs Like New York City to Emerging Regions Like Dallas — Or Quit
Goldman Sachs is also expected to cut around 3% to 5% of its 46,500-person workforce in the coming months.
The IRS Is Reportedly Planning to Cut Up to 45,000 Workers — Half of Its Workforce
The cuts include reductions from layoffs, buyouts, and attrition.
HP Is Laying Off Up to 2,000 Employees 'All Over the Company'
HP is aiming to save $300 million through job cuts by October.
'Necessary Change': Starbucks Is Laying Off 1,100 Corporate Workers and Eliminating Open Roles — Read the Memo
The workers who are being laid off will be told by midday on Tuesday, Feb. 25.
Meta Confirms It Is Doubling Executives Bonuses to 'Motivate' and 'Reward Them' a Week After Layoffs
Meta executives can now make bonuses valued at up to 200% of their base salaries.
UnitedHealthcare Offers Employees Voluntary Buyouts to Meet 'Evolving Needs'
The health insurance giant could resort to layoffs if it doesn't meet resignation quotas with buyouts.