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General motors expects to lay off 500 salaried employees

GM follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits....

February 28, 2023, 5:34 pm

Goodyear tire to cut 500 jobs given ‘significantly weaker' industry backdrop

Shares of Goodyear Tire & Rubber Co. fell Friday, after the tire maker said it was reducing its salaried...

January 27, 2023, 8:43 am

Microsoft offers salaried workers unlimited time off

This segment originally aired January 12, 2023. Microsoft is joining the list of companies providing unlimited time off to its ...

January 15, 2023, 10:00 am

Layoff news: stitch fix to replace ceo and cut 20% of workforce

Stitch Fix recently announced that it would replace its current CEO with its former CEO, and cut 20% of its sa...

January 13, 2023, 8:45 am

Microsoft is reportedly giving its us employees unlimited time off

In addition to unlimited time off, salaried US employees get 10 corporate holidays, sick and mental hea...

January 11, 2023, 3:01 pm

Microsoft will stop tracking vacation time for us salaried employees, internal memo shows

Time-off will still require manager approval. Employees with unused vacation time prior to Jan. 15 will receive a payout in April....

January 11, 2023, 2:42 pm

Stitch fix founder to resume role as ceo, cut 20% of staff

Months of declining sales have led Stitch Fix to impose layoffs and replace its CEO. Katrina Lake, founder of the artificial intelligence (AI)-powered...

January 5, 2023, 1:47 pm

Stitch fix to cut 20% of salaried jobs, ceo stepping down

Stitch Fix is working to create a "more nimble organization" as it seeks to become more viable during the economic downturn. As part of this transitio...

January 5, 2023, 1:29 pm

Jd.com to cut senior executives salaries by 10-20%

China's JD.com said on Tuesday it would cut the salaries of its senior managers by 10-20% next year to help pay for an effort to convert more contract...

November 22, 2022, 12:16 am

Ford cuts 3,000 jobs as it restructures and reduces costs

The cuts cover 2,000 salaried positions and 1,000 agency jobs....

August 23, 2022, 12:27 pm

Ford motor co says it will cut a total of 3,000 salaried and contract jobs, mostly in north america and india

Ford Motor Company (NYSE:F) has said it will cut a total of 3,000 salaried and contract jobs, mostly i...

August 23, 2022, 3:32 am

Ford to cut 3,000 jobs amid restructuring

Ford Motor plans to cut about 3,000 jobs, a move that will affect salaried and contract workers, accord...

August 22, 2022, 11:55 am

Ford to slash 10% of us workers in transition to electric vehicles

Ford Motor Company (NYSE:F) is reportedly laying off up to 8,000 workers in the coming weeks as it looks to reduce costs and intensify its focus on ...

July 21, 2022, 8:03 am

Elon musk: tesla is cutting salaried staff now, but will hire more soon

Tesla is moving ahead with plans to layoff about 10% of its salaried staff, CEO Elon Musk said Tuesday....

June 21, 2022, 5:52 pm

Elon musk said tesla is cutting 3.5% of its total workforce because it's targeting salaried workers with layoffs

Elon Musk clarified exactly how much of its overall workforce Tesla plans to lose. He also said it plans to grow its hourly workforce....

June 21, 2022, 7:20 am

Tesla to cut salaried workforce by 10% over next 3 months, says musk

Electric carmaker Tesla will reduce its salaried workforce by roughly 10% over the next three months, C...

June 21, 2022, 3:46 am

Tesla's huge 10% staff cuts have kicked off, with ex-employees confirming they've been laid off on linkedin

Insider reviewed 11 LinkedIn posts from Tesla staffers saying they'd been laid off as part of a mass cut of Tesla's ...

June 15, 2022, 6:11 am

Tesla fires singapore country manager after elon musk warns of job cuts

Tesla CEO Elon Musk recently told employees about plans to reduce salaried headcount by 10%....

June 13, 2022, 7:02 am

Stitch fix cuts jobs, revenue forecast miss sends shares plunging

Styling firm Stitch Fix is laying off 15% of salaried positions, mostly in corporate roles and styling ...

June 10, 2022, 12:20 am

Stitch fix to lay off 15% of salaried workers

CNBC's Lauren Thomas joins 'Closing Bell' to discuss the news that Stitch Fix is planning to lay off about 15% of ...

June 9, 2022, 4:49 pm


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