Layoffs

Walmart Reportedly Slashing Jobs and Ending Remote Work
Walmart Reportedly Slashing Jobs and Ending Remote Work
May 14, 2024  |  Walmart

Walmart is reportedly eliminating hundreds of corporate jobs and ending most remote work. That’s according to a report late Monday (May 13) by the Wall...

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Labor Department Reports Year’s Biggest Increase in Initial Jobless Claims
Labor Department Reports Year’s Biggest Increase in Initial Jobless Claims
May 09, 2024  |  Economy

The number of initial claims for unemployment insurance leapt by 22,000 during the week ended Saturday (May 4). The total of 231,000 initial claims filed during the week was...

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Tesla Cutting Jobs Across Departments as Part of Restructuring
Tesla Cutting Jobs Across Departments as Part of Restructuring
May 06, 2024  |  Economy

Tesla has reportedly laid off employees across several departments over the last three weeks. These job cuts follow the automaker’s announcement three weeks ago that it...

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Bakkt Cuts 13% of Staff as Execs Depart
Bakkt Cuts 13% of Staff as Execs Depart
May 06, 2024  |  Personnel

Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that...

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Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 
Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 
May 02, 2024  |  Earnings

Peloton made headlines on Thursday (May 2) as it announced the launch of restructuring efforts, including laying off approximately 400 employees — about 15% of its global workforce...

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Google Lays Off 200 in Core Unit as Reorganization Continues
Google Lays Off 200 in Core Unit as Reorganization Continues
May 01, 2024  |  Google

Google has reportedly reorganized its Core unit, which builds the technical foundation behind the company’s products. The reorganization included the layoffs of at least 200 employees...

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Regulations, Innovations and AI Define This Week in Big Tech
Regulations, Innovations and AI Define This Week in Big Tech
April 18, 2024  |  Big Tech

Big Tech companies, including Meta, Alphabet (Google), Amazon, Apple and Microsoft, aren’t getting any smaller. Not only do these businesses represent many of the world’s most valuable...

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Stability AI Lays Off Employees; Restructures After CEO’s Departure
Stability AI Lays Off Employees; Restructures After CEO’s Departure
April 18, 2024  |  artificial intelligence

Stability AI is laying off an unspecified number of employees as part of a restructuring process. The company will hold a town hall meeting Thursday (April...

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Google Laying Off Unspecified Number of Employees Amid Shifting Priorities
Google Laying Off Unspecified Number of Employees Amid Shifting Priorities
April 17, 2024  |  Google

Google is laying off an unspecified number of employees and shifting some roles to other countries as part of a continuing effort to cut costs. The...

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