Tag: layoffs
Wayfair to exit Germany, cut 730 jobs in latest layoffs
Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth dri [...]
US November Challenger layoffs 57.73k vs 55.60k prior – ForexLive
US November Challenger layoffs 57.73k vs 55.60k prior ForexLive
www.forexlive.com [...]
DAX Attempts Recovery from Week’s Lows – Faces Layoffs and Contracting GDP
DAX continues decline after a bearish week of trading, tech stocks rally disspates. Negative data still looms, with more layoffs announce [...]
GM lays off 1,000 employees amid reorganization, cost-cutting
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021.Rebecca Cook | ReutersDETROIT – General Motors laid [...]
Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio.Sarah Rice | Getty ImagesDETROIT — Auto [...]
MetaMask Maker Consensys Cuts 20% Workforce, Faults SEC’s ‘Abuse of Power’
Consensys, one of the main supporters of the Ethereum network, is laying off 20% of its workforce, blaming broader macroeconomic conditions and ongoin [...]
Spirit AeroSystems weighs more furloughs, layoffs if Boeing strike lasts
Boeing 737 fuselages on railcars at Spirit AeroSystems' factory in Wichita, Kansas, on July 1, 2024.Nick Oxford | Bloomberg | Getty ImagesSpirit AeroS [...]
Stellantis to offer buyouts to U.S. salaried workers
CEO of auto giant Stellantis Carlos Tavares speaks to journalists during a joint media event by Stellantis and Leapmotor in Hangzhou, in eastern China [...]
Penn lays off about 100 employees as it focuses on ESPN Bet growth
The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty ImagesPenn Entertainment will l [...]
FX week in review: LCG license restricted, FlowBank legal action, Valutrades layoffs, IG US rebrands
Why did FCA regulated Retail FX and CFDs broker LCG have severe restrictions placed on its license, and on its operations?
What did FlowBa [...]
Pfizer stock recovers after Covid decline but some employees struggle
Kena Betancur | Corbis News | Getty ImagesPfizer had a "phenomenal" first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of e [...]
Paxos Cuts 20% of Staff: Bloomberg
In an all-hands email obtained by Bloomberg, its CEO Charles Cascarilla said that the layoffs “allows us to best execute on the massive opportunity ah [...]
Boeing supplier Spirit AeroSystems lays off workers, citing lower deliveries
A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near [...]
Walmart to lay off, relocate hundreds of corporate workers
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters.The big-box retaile [...]
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 [...]