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First on cnn: senators press google, meta and twitter on whether their layoffs could imperil 2024 election

Three US senators are pressing Facebook-parent Meta, Google-parent Alphabet and Twitter about whether their la...

June 22, 2023, 7:54 am

2023 media layoffs: warner bros. cutting about 100 employees, report says

Several media companies have slashed staff this year....

June 21, 2023, 3:12 pm

Majority of microsoft workers would take comparable job offer from rival, survey shows

Microsoft employees are reportedly eyeing the exits in the wake of mass layoffs and other unpopular mov...

June 21, 2023, 2:23 pm

Uber to cut 200 recruiters in cost-savings measure: wsj

Uber Technologies Inc. UBER, +0.14% will cut about 200 recruiters in order to save costs, the Wall Street Journal reported Wednesday, citing an intern...

June 21, 2023, 1:16 pm

Jpmorgan said to cut 20 asia jobs in new layoff round

JPMorgan Chase & Co may be making a fresh round of layoffs in Asia. There could be 20 investment bankin...

June 20, 2023, 11:04 pm

Nkla stock alert: nikola lays off 270 employees

Nikola (NASDAQ: NKLA ) stock is rising higher on Tuesday after the EV company announced layoffs for 270...

June 20, 2023, 11:04 am

3 stocks to sell as companies prepare for layoffs

When Apple (NADAQ: AAPL ), Goldman Sachs (NYSE: GS ), Meta (NADAQ: META ), and Microsoft (NASDAQ: MSFT ) are all among the companies preparing for ...

June 20, 2023, 8:15 am

Shopify: downgrading on amazon risks

Shopify has posted resilient growth rates in spite of tough macro. The company's announcement of a large layof...

June 19, 2023, 11:15 am

2023 layoff tracker: oracle reportedly cuts hundreds of jobs while nikola slashes 270

Second quarter layoffs continue apace after more than 136,000 employees were cut by major U.S. companie...

June 16, 2023, 5:50 pm

Oracle makes health unit layoffs, report says

Software giant Oracle Corp. has laid off hundreds of employees, cut back open positions and rescinded job offers at its health unit, according to a re...

June 16, 2023, 11:54 am

Bt rival hyperoptic sacks 100 engineers in latest altnet redundancy round

BT Openreach rival Hyperoptic is the latest altnet broadband provider to announce layoffs, with over 10...

June 16, 2023, 9:25 am

Goldman sachs working on third layoffs round, confirms cut to asia banking team

Goldman Sachs has cut 30 roles in its Asia investment banking division, with rumors swirling of hundreds more job losses coming...

June 16, 2023, 6:43 am

Binance.us reportedly laid off dozens of staff amid sec lawsuit

The US affiliate of Binance has laid off around 50 staff across divisions in the latest round of reducing the workforce, Reuters reported citing two a...

June 16, 2023, 6:35 am

Goldman (gs) eliminating 30 ib positions in the asia region

In response to the global plunge in dealmaking and trading revenues, Goldman (GS) is following its peers to navigate industry headwinds by introducing...

June 15, 2023, 1:33 pm

At&t's return-to-office mandate forces 9,000 to relocate or resign: ‘layoff wolf in rto sheep's clothing'

About 9,000 AT&T managers will be forced to relocate or resign under the telecom giant's new return-to-office mandates, which will assign workers to a...

June 15, 2023, 10:55 am

Sonos announces layoffs: is the beaten-down stock a buy?

Sonos will lay off 7% of its workforce as it looks to cut costs. Demand for its pricey speakers is slumping as consumers pull back on spending....

June 15, 2023, 6:25 am

Truecar lays off 102 employees, taps new ceo amid restructure

TrueCar, a platform where people can research new and used car prices and find local dealer savings, is laying off 24% of staff due to a restructure, ...

June 14, 2023, 5:27 pm

Truecar stock jumps 8% after layoffs, new ceo news

Shares of TrueCar Inc. TRUE rallied more than 8% in the aftermarket Wednesday after the car-pricing platform announced a restructuring, which includes...

June 14, 2023, 4:26 pm

3 companies that are now ‘stocks to buy' following layoffs

Although it's an uncomfortable topic, job cuts – when performed correctly – could lead to greater efficiencies, which is why investors may want to...

June 14, 2023, 6:00 am

Spring 2023 layoff tracker: tyson foods cuts over 200 more jobs

More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023....

June 13, 2023, 1:40 pm


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