Tag: layoffs
Canada Goose to cut 17% of its corporate workforce
Canada Goose parkas hang on display at a store in Richmond Hill, Ontario.Chris So | Toronto Star | Getty ImagesCanada Goose said Tuesday that it will [...]
Trump Aides, Taking Over RNC, Order Mass Layoffs
The Republican Party apparatus is undergoing a large cut with just eight months until the election.
www.nytimes.com [...]
Companies make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting costs this year.From toy [...]
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 [...]
Paramount Global lays off 800 employees after record Super Bowl ratings
Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022. Thilo [...]
FX week in review: Prop trading licenses yanked, CMC layoffs, XTB share sale, CEO changes
Before we get to this past week’s top stories, we’re pleased to report that FXNewsGroup.com saw yet another record month for visitors an [...]
Warner Music to cut 600 jobs, or 10% of staff
The Warner Music Group logo is displayed on a smartphone.Sopa Images | Lightrocket | Getty ImagesWarner Music is laying off 600 employees, or about 10 [...]
Major Layoffs at Fair Fight, Voting Rights Group Founded by Stacey Abrams
The cuts would decimate a high-profile liberal group that was once a fund-raising powerhouse for Democrats.
www.nytimes.com [...]
Jack Dorsey’s Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%
Block, whose companies include Square Inc., Cash App and Tidal, as well as the bitcoin-focused division TBD, said in an earnings call last year that i [...]
Paramount CEO Bob Bakish announces layoffs
Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022. Thilo [...]
Levi Strauss plans to cut at least 10% of corporate workforce
Jeans are displayed at a Levi Strauss store in New York, March 19, 2019.Shannon Stapleton | ReutersLevi Strauss will lay off at least 10% of its globa [...]
Home goods retailer to cut 1,650 employees
Wayfair is cutting 13% of its global workforce as the digital home goods retailer continues its efforts to trim down its structure, cut out layers of [...]
DeSantis Super PAC Begins Layoffs, Even as He Projects Confidence
The number of layoffs at the super PAC, Never Back Down, was unclear on Wednesday morning, but an official said that those being laid off were being p [...]
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 [...]
Citigroup employees told they can work remotely until new year
Citigroup told most of its employees that they can work remotely the final two weeks of December, CNBC has learned.Workers can log in remotely from an [...]