Job Cuts

Peloton Makes ‘Hard Choices,’ Cutting 800 Jobs, Outsourcing Some Operations
Peloton Makes ‘Hard Choices,’ Cutting 800 Jobs, Outsourcing Some Operations
August 12, 2022  |  Technology

Luxury stationery bicycle- and treadmill-maker Peloton is cutting jobs and prices, and requiring employees to return to working in company offices three days per week,...

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Nike Restructures Corporate Leadership In Digital Push
Nike Restructures Corporate Leadership In Digital Push
July 22, 2020  |  Personnel

Nike announced several changes to its senior leadership Wednesday (July 22) as it looks to accelerate digital business and simplify consumer experiences with its Consumer...

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Gojek Latest FinTech To Cut Jobs Amid Coronavirus Damage
Gojek Latest FinTech To Cut Jobs Amid Coronavirus Damage
June 23, 2020  |  Personnel

Ride-hailing and digital payments firm Gojek is slashing hundreds of jobs as the coronavirus-triggered economic downturn hits home in Southeast Asia. The Indonesian-based company confirmed...

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Uber India Lays Off 600 As Ride Demands Vanish Amid COVID-19
Uber India Lays Off 600 As Ride Demands Vanish Amid COVID-19
May 26, 2020  |  International

As India sees COVID-19 cases quickly climb for the seventh day in a row as of Tuesday (May 26), Uber, like most businesses in the...

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HSBC Overhaul May Be Delayed Over COVID-19
HSBC Overhaul May Be Delayed Over COVID-19
March 19, 2020  |  Banking

Noel Quinn has stepped into a full-time job as CEO of HSBC, and his first tasks in that job will involve strategizing around the colossal...

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WeWork Could Cut 1K Employees In New Wave Of Layoffs
WeWork Could Cut 1K Employees In New Wave Of Layoffs
March 13, 2020  |  Personnel

Embattled co-working company WeWork is facing another set of layoffs while trying to cut expenses and rebound from a tough period that saw a failed...

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OYO To Lay Off 5K Workers To Cut Costs
OYO To Lay Off 5K Workers To Cut Costs
March 04, 2020  |  Retail

As it pursues profitability and aims to reduce expenditures, economy hotel firm OYO is reducing its worldwide workforce by 5,000 individuals. The newest wave of...

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Even With Fair’s Job Cuts, Car-Sharing Keeps Racing Forward
Even With Fair’s Job Cuts, Car-Sharing Keeps Racing Forward
October 28, 2019  |  Ridesharing

Every journey tends to have speedbumps, and that appears to be the case when it comes to the efforts to bring more digital commerce – and...

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