Layoffs: Page 9
'I'll Spend The Rest of My Life Wondering How I Could've Avoided These Layoffs': Real Estate Firms Attempt Damage Control
As the housing market slows, Redfin and Compass have decided to trim their workforces, making cuts of 8% and 10%, respectively.
Coinbase CEO Says 'I Am Sorry' in Memo Laying Off Over 1,000 Employees
Amid economic turmoil, the company laid off 18% of its staff and extended a hiring pause.
Edtech Startup Udayy Shuts Down, Lays Off All Employees
The platform has conducted more than 130,000 classes with over 200 qualified teachers and 50,000 students used its services
Carvana to Lay Off 12% of Its Workforce, Ignites 'Mass Hysteria'
The automotive retailer Carvana Co. announced it will be laying off over 2,000 workers, about 12% of its workforce, in efforts to align expenses with sales.
Peloton Shares Rise After CEO Writes the Company is Considering Layoffs: 'We Now Need to Evaluate Our Organization Structure and Size of our Team'
In a memo, Peloton CEO John Foley wrote that the company has 'experienced leaks containing confidential information' following reports it was halting production.
Nearly 2,000 Workers Will Be Laid Off After QVC Distribution Center Catches Fire
Terminations are expected to begin in February.
CEO Lays off 900 Employees in Shocking Video Call
Better.com has let go of 9% of its workforce.
When Minimizing Was the Only Option
Sometimes we need the hard times to show us what the good times look like.
He Asked His Team How to Avoid Layoffs. Their Response Thrilled Him.
Before making a tough decision that impacts your team's future, Gravity Payments CEO Dan Price has a simple suggestion: Ask them for advice. It worked for him.
ByteDance Layoffs Around 1,800 Indian Employees After Permanent Ban
The announcement comes after media reports suggested that the country will permanently ban 59 Chinese apps including TikTok to operate in the country
Uber Lays Off Another 3,000 Full-Time Workers
The layoffs come just weeks after 3,700 customer support and recruiting team employees lost their jobs.
Should I Furlough? 5 Things Business Owners Should Know First
There are lots of particulars to take into account.
4 Tips To Keep Your Business Afloat in a Downturn
It will be nearly impossible for anyone to walk away unscathed, but companies can take steps to mitigate losses.
What to Do If You've Lost Your Job Because of COVID-19
You're not alone, but there is an action plan.
Joining Other Top Executives, Marriott CEO Addresses Coronavirus Concerns
Arne Sorenson, who has led the company since 2012, said that in most of the company's markets, the business was running 75 per cent below normal levels.