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Walmart responds to report of layoffs at fulfillment centers

That was Walmart Inc. responding to a request for comment on a Reuters report Thursday that Walmart had laid off hundreds of workers at five fulfillme...

March 23, 2023, 3:51 pm

2023 layoff tracker: walmart reportedly cutting 200 employees

Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts....

March 23, 2023, 2:11 pm

Bay area tech and biotech layoffs worsen, microsoft slashes more jobs

Tech and biotech layoffs have worsened in the Bay Area, a fresh round of cutbacks resulting from job cu...

March 23, 2023, 1:00 pm

Walmart laying off hundreds from its warehouses as it doubles down on automation and braces for new era in online shopping

The Walmart layoffs come as the retailer has increasingly touted warehouse automation, including "next-...

March 23, 2023, 12:30 pm

Accenture stock pops after layoffs, earnings

Accenture PLC (NYSE:ACN) is up 7.1% at $271.09 at last glance, after news that the company will cut roughly 2.5% of workforce, or 19,000 jobs....

March 23, 2023, 10:51 am

Top 3 commercial real estate reits to avoid amid a triple whammy

Commercial real estate REITs have been under intense pressure as the industry faces a tripple whammy of high-interest rates, work-from-home, and white...

March 23, 2023, 3:17 am

Just eat cuts 1,700 drivers in return to gig model

As food delivery aggregators feel the macroeconomic pressures, some are responding with major layoffs....

March 22, 2023, 10:55 am

Redbox parent chicken soup for the soul tightens belt as movie revenue starts to return; exec bonuses deferred, some distribution deals renegotiated, but no layoffs planned

EXCLUSIVE: As crucial movie rental revenue finally starts to return, Redbox and Crackle parent Chicken Soup for the Soul Entertainment is taking steps...

March 21, 2023, 7:30 pm

Disney layoff rounds likely starting before annual meeting; details on cuts emerge

EXCLUSIVE: With Disney's April 3 shareholder meeting (a virtual affair this year) less than two weeks away, some clarity is emerging about the company...

March 21, 2023, 7:10 pm

Meta stock closes higher amid morgan stanley upgrade, layoffs

Meta shares rise Tuesday after Morgan Stanley analyst Brian Nowak upgraded the stock to a Buy from a Hold....

March 21, 2023, 5:25 pm

Amgen announces more layoffs - why i'd buy this dip

Amgen expects to lay off >3% of its entire workforce before 1H 2023 - around 750 staff. Management says it has acted in response to rising interest ra...

March 21, 2023, 2:29 pm

Kenyan judge temporarily blocks mass layoff of facebook moderators

A Kenyan judge on Tuesday temporarily blocked the mass redundancy of some 260 Facebook content moderators working for an outsourcing company contracte...

March 21, 2023, 2:00 pm

Expedia group lays off workers as part of ‘strategic actions'

Seattle-based travel giant Expedia Group made an undisclosed number of layoffs....

March 21, 2023, 1:48 pm

Credit suisse rescue could reportedly spur ‘tens of thousands' of layoffs

The culling is expected to hit hardest at Credit Suisse's operations in Switzerland and its investment bank....

March 21, 2023, 10:24 am

Amazon begins second round of layoffs, but wall street is unimpressed

Amazon announces 9,000-strong layoff round for its corporate departments including cloud services and a...

March 21, 2023, 10:19 am

Amazon job losses extend to its livestreaming site twitch

Livestreaming site Twitch is losing more than 400 employees as part of another round of layoffs at Amaz...

March 21, 2023, 8:59 am

Google workers tell sundar pichai “don't be evil” while conducting layoffs.

In today's edition: Shopify rescinds intern offers, Americans are getting weight-loss drugs from Canada and Mexico, and more headlines....

March 21, 2023, 6:40 am

Tech layoffs continue as amazon plans to eliminate 9,000 positions

layoffs in the tech industry continue to mount as Amazon announced in a memo to staff on Monday it will...

March 20, 2023, 10:08 pm

Today's top headlines: ubs-credit suisse deal, amazon layoffs, xi-putin meeting

Yahoo Finance's Seana Smith and Dave Briggs break down the three biggest stories investors were watching on Monday....

March 20, 2023, 5:49 pm

Meta pivoting to focus on ai ‘that will help with the ad targeting': analyst

Edward Jones Senior Equity Analyst David Heger details Meta's latest round of layoffs, its position in ...

March 20, 2023, 5:28 pm


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