Layoffs

Lloyds Slashes Jobs as Banking Customers Shift to Digital

Lloyds Slashes Jobs as Banking Customers Shift to Digital
Lloyds Slashes Jobs as Banking Customers Shift to Digital
January 25, 2024  |  Banking

Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. Get the Full Story Complete the form to unlock this article and...

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Ebay Cuts 9% of Staff Amid Rising Competition
Ebay Cuts 9% of Staff Amid Rising Competition
January 24, 2024  |  Retail

Online marketplace company eBay says it will lay off 9% of its workforce, citing a difficult macroeconomic environment. Get the Full Story Complete the form to unlock...

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Brex Cuts 20% of Workforce and Reduces Layers of Management
Brex Cuts 20% of Workforce and Reduces Layers of Management
January 23, 2024  |  Spend Management

Spending management company Brex has laid off 282 people — about 20% of the workforce — as part of a restructuring. Get the Full Story Complete...

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Amazon Lays Off 5% of Buy With Prime Staff
Amazon Lays Off 5% of Buy With Prime Staff
January 19, 2024  |  Amazon

Amazon has made layoffs in its Buy with Prime unit, as part of its ongoing restructuring efforts. Get the Full Story Complete the form to...

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Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
January 19, 2024  |  Retail

Wayfair is laying off 1,650 employees as part of its efforts around “right-sizing its cost structure.” Get the Full Story Complete the form to unlock...

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Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
January 18, 2024  |  Retail

Macy’s is reducing its workforce by 3.5%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Google Chief Warns of More ‘Role Eliminations’ After YouTube Layoffs
Google Chief Warns of More ‘Role Eliminations’ After YouTube Layoffs
January 18, 2024  |  Big Tech

Google’s CEO has reportedly warned employees to expect more job cuts this year. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: YouTube Laying Off 100 Members of Creator Partnerships Team
Report: YouTube Laying Off 100 Members of Creator Partnerships Team
January 17, 2024  |  Social Commerce

YouTube is reportedly laying off about 100 people from its creator partnerships team. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: 25% of CEOs Expect AI to Lead to Job Cuts in 2024
Report: 25% of CEOs Expect AI to Lead to Job Cuts in 2024
January 16, 2024  |  Artificial Intelligence

A survey found that 25% of CEOs think artificial intelligence will trigger staffing reductions this year. Get the Full Story Complete the form to unlock...

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