Layoffs

CFPB Lays Off Dozens of Employees as Headquarters Remains Closed
CFPB Lays Off Dozens of Employees as Headquarters Remains Closed
February 12, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau reportedly sent termination notes to dozens of employees late Tuesday (Feb. 11). Most of the affected staff were on probationary...

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JPMorgan Chase Begins About 1,000 Layoffs While Continuing to Hire
JPMorgan Chase Begins About 1,000 Layoffs While Continuing to Hire
February 12, 2025  |  Banking

JPMorgan Chase reportedly began a round of layoffs that is expected to affect fewer than 1,000 employees. The bank began notifying the affected employees last...

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Report: Stripe Plots $85 Billion Employee Share Sale
Report: Stripe Plots $85 Billion Employee Share Sale
February 11, 2025  |  Business

Stripe is reportedly in talks about an employee stock sale at an $85 billion valuation. The deal could add $15 billion on to the payments company...

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Meta Workforce Reductions Expected to Continue Through February
Meta Workforce Reductions Expected to Continue Through February
February 10, 2025  |  Facebook / Meta

Meta began notifying employees affected by its previously announced job cuts on Monday (Feb. 10). The company’s emails notifying those who were being let go...

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Meta to Begin Previously Announced Workforce Reduction
Meta to Begin Previously Announced Workforce Reduction
February 07, 2025  |  Facebook / Meta

Meta is set to begin its previously announced workforce reduction on Monday (Feb. 10). The company told staff on Friday (Feb. 7) that those who...

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Walmart Cutting Hundreds of Jobs and Shifting Workers to HQ
Walmart Cutting Hundreds of Jobs and Shifting Workers to HQ
February 05, 2025  |  Retail

Walmart is reportedly eliminating hundreds of positions as it moves employees to its main hubs. The job cuts coincide with the closure of one of...

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Estée Lauder Laments ‘Lost Agility’ and Cuts up to 7K Jobs
Estée Lauder Laments ‘Lost Agility’ and Cuts up to 7K Jobs
February 04, 2025  |  Earnings

Consumer pullback around the world is leading Estée Lauder to cut thousands of jobs. The beauty brand released earnings Tuesday (Feb. 4) showing declining or flat sales in its...

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Salesforce Reportedly Cuts 1,000 Jobs While Adding AI Salespeople
Salesforce Reportedly Cuts 1,000 Jobs While Adding AI Salespeople
February 04, 2025  |  Personnel

Salesforce is reportedly eliminating over 1,000 jobs while hiring staff to sell its artificial intelligence products. Workers who are displaced will be able to apply...

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GoCardless Reduces Losses After 20% Job Cuts
GoCardless Reduces Losses After 20% Job Cuts
February 03, 2025  |  Business

Bank payments firm GoCardless says it lowered losses following a 20% reduction in staff. Now, the company — which also shifted some workers to Eastern Europe —...

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