Layoffs

Carsharing Marketplaces Getaround and HyreCar Wind Down US Operations

Carsharing Marketplaces Getaround and HyreCar Wind Down US Operations
Carsharing Marketplaces Getaround and HyreCar Wind Down US Operations
February 13, 2025  |  Ridesharing

Carsharing marketplace Getaround and its HyreCar business are winding down their U.S. operations. Getaround will continue to provide carsharing services in its European markets, the...

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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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