Layoffs

Salesforce Reportedly Cuts 1,000 Jobs While Adding AI Salespeople

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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Amazon to Eliminate ‘Small Number’ of Roles in Communications Department
Amazon to Eliminate ‘Small Number’ of Roles in Communications Department
January 29, 2025  |  Retail

Amazon’s communications department is reportedly the latest segment of the company’s corporate workforce to see layoffs. The company is laying off dozens of people in...

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Consumer Sentiment Dips 4% Amid Concerns About Unemployment and Inflation
Consumer Sentiment Dips 4% Amid Concerns About Unemployment and Inflation
January 24, 2025  |  Consumer Insights

Consumer sentiment edged down 4% in January, marking the first decline in six months, according to the final results for the University of Michigan’s January...

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CNN Cuts 200 Jobs, Invests $70 Million in Newsroom Overhaul
CNN Cuts 200 Jobs, Invests $70 Million in Newsroom Overhaul
January 23, 2025  |  Streaming

To survive competition in the era of streaming, Warner Bros. Discovery company is slashing CNN’s television workforce even more while simultaneously investing $70 million to...

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Number of Americans Receiving Unemployment Insurance Reaches 3-Year High
Number of Americans Receiving Unemployment Insurance Reaches 3-Year High
January 23, 2025  |  Economy

New unemployment insurance data reportedly suggests that the labor market remains solid but that workers who do get laid off are having a harder time...

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Report: Meta and Microsoft Plan Layoffs
Report: Meta and Microsoft Plan Layoffs
January 14, 2025  |  Big Tech

Tech giants Meta and Microsoft are reportedly cutting back on their headcount. Meta is set to cut its workforce by 5%, while Microsoft plans to...

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ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’
ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’
January 08, 2025  |  Economy

America’s employment picture ended the year on a down note, ADP’s latest findings show. “The labor market downshifted to a more modest pace of growth...

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