Layoffs

Labor Department Reports Year’s Biggest Increase in Initial Jobless Claims

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). Get the Full Story Complete the form to unlock this article...

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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. Get the Full Story Complete the form to unlock this article and...

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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. Get the Full Story Complete the form to unlock this...

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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. Get the Full Story Complete the form to unlock this...

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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. Get the Full Story Complete the form to unlock this article and...

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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. Get the Full Story Complete the form to unlock this...

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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. Get...

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Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate
Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate
April 16, 2024  |  Personnel

The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. Get the Full Story Complete the form to unlock...

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