Layoffs: Page 4

Business News

Gap is Laying Off Hundreds of Corporate Workers in Company Restructuring

The latest round of job cuts is said to be bigger than the nearly 500 layoffs that took place in September.

Business News

Google and Meta Execs Rake in Big Bonuses Despite Industry-Wide Layoffs

Meta employees questioned Meta CEO Mark Zuckerberg about the generous bonuses awarded to C-suite executives amid company-wide layoffs and cost-cutting.

Business News

Disney's Biggest Round of Layoffs Expected This Week

"I do not make this decision lightly," said Disney CEO Bob Iger.

Business News

Whole Foods to Lay Off Hundreds of Corporate Employees in Company-Wide Restructuring of Certain Teams

The company announced on Thursday that new changes would impact employees in "different ways."

Business News

CEO Apologizes After Telling Employees Not To Ask About Bonuses and 'Leave Pity City'

The CEO and President of furniture company MillerKnoll delivered a harsh message to employees during a town hall.

Business News

Meta Begins Latest Round of Layoffs Amid 'Year of Efficiency'

In March, the Facebook parent gave employees a timeline of what to expect over the next few months.

Business News

Ernst & Young to Cut 3,000 Jobs Due To 'Overcapacity' and 'Current Economic Conditions'

The layoffs will impact nearly 5% of the accounting giant's workforce.

Business News

Marvel Entertainment Chairman Ike Perlmutter Speaks Out For First Time Following 'Lay Off'

The former CEO stirred controversy during his nearly 30-year tenure at Marvel.

News and Trends

Amazon Lays Off Over 100 Employees From Its Gaming Division

Previously, Amazon had laid off 20,000 employees in January and 9,000 employees in March. The Jeff Bezos-led company has struggled with its gaming division and has released only two games- New World and Lost Ark.

Business News

Google Is Cutting Back on Some of Its Iconic Perks Amid Cost Cutting Initiatives

The company is using data to determine which employee extras are getting the axe.

Business News

Apple Is Reportedly Beginning a Small Round of Layoffs

The move is being positioned as a "streamlining effort."

News and Trends

Apple To Eliminate Small Number Of Jobs In Its Corporate Retail Teams: Report

The report further noted that the jobs Apple's cutting is in the division that handles building and upkeep for its retail stores, and affected employees have been told that they have until the end of the week to apply for other positions at the company

News and Trends

McDonald's Temporarily Closes US Offices And Plans Layoffs: Report

According to reports, McDonald's also asked employees to cancel all in-person meetings with vendors and other outside parties at its headquarters

News and Trends

Unacademy To Lay Off 12% Workforce, Says CEO

As per reports, this is the fourth round of layoffs, as the unicorn in November fired 350 employees or 10% of its employees