Tag: lay
Charges Against Cuellar Lay Bare Azerbaijan’s Influence Attempts
Federal prosecutors say Representative Henry Cuellar tried to shape policy for Azerbaijan in exchange for bribes. The country has spent millions in th [...]
Lululemon to shutter Washington warehouse, lay off 128 employees
Lululemon is planning to shut down its Washington distribution center and lay off 128 employees after opening a massive new warehouse outside of Los A [...]
Nike to lay off 2% of employees, cutting more than 1,500 jobs
A man wearing a protective face mask walks past a Nike brand store in Kyiv, Ukraine, on Dec. 10, 2020.Valentyn Ogirenko | ReutersNike is cutting 2% of [...]
GM to lay off 1,300 Michigan workers as vehicles end production
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant [...]
Zaslav, Malone lay groundwork for WBD’s next move
David Zaslav, CEO and president of Warner Bros. Discovery (L), and John Malone, chairman of Liberty Media, Liberty Global, and Qurate Retail Group.CNB [...]
Starz to lay off more than 10% of employees
Starz CEO Jeffrey HirschSource: StarzStarz, the premium network and streaming service that will soon be its own publicly traded company, is laying off [...]
Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
Prime Trust filed for bankruptcy in August, roughly two months after Nevada regulators alleged the company was unable to meet its customers' withdrawa [...]
Roku to lay off 10% of workforce, stock jumps
Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023.Tiffany Hagler-Geard | Bloomberg | Getty ImagesRoku said it will lay off 10% of [...]
CoinDesk to lay off part of editorial staff in preparation for sale of stake: Report
CoinDesk is reportedly planning layoffs in its editorial department ahead of the sale of a stake in the publication to investors, according to media r [...]
Gap to lay off 1,800 workers
Gap will lay off about 1,800 employees, more than three times as many as the 500 layoffs it announced in September, as part of a broad effort to cut c [...]
Gap will lay off more than 500 employees
A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California.Allison Dinner | Getty ImagesGap is laying off [...]
BuzzFeed will lay off 15% of staff, shutter its news unit
BuzzFeed will lay off 15% of staff and shut down its news unit, BuzzFeed CEO Jonah Peretti wrote in an email to staff Thursday.The layoffs will affect [...]
Tyson Foods to lay off 1,700 workers, close two chicken plants
A package of Tyson Foods Inc. chicken is arranged for a photograph in Tiskilwa, Illinois.Daniel Acker | Bloomberg | Getty ImagesTyson Foods will close [...]
Biden to Lay Down Economic Challenge to House Republicans
In his first State of the Union address since the G.O.P. took the lower chamber, the president will call for higher taxes on the wealthy and more soci [...]
FSB to lay out global standards for crypto regulation: Reports
The FTX collapse spurred action from a global financial watchdog to give recommendations to regulate the crypto industry early in 2023. The Financial [...]