Job Cuts

Peloton Makes ‘Hard Choices,’ Cutting 800 Jobs, Outsourcing Some Operations

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. Get the Full Story...

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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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