The number of initial claims for unemployment insurance leapt by 22,000 during the week ended Saturday (May 4). The total of 231,000 initial claims filed during the week was...
Tesla has reportedly laid off employees across several departments over the last three weeks. These job cuts follow the automaker’s announcement three weeks ago that it...
Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that...
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...
Google has reportedly reorganized its Core unit, which builds the technical foundation behind the company’s products. The reorganization included the layoffs of at least 200 employees...
Big Tech companies, including Meta, Alphabet (Google), Amazon, Apple and Microsoft, aren’t getting any smaller. Not only do these businesses represent many of the world’s most valuable...
Stability AI is laying off an unspecified number of employees as part of a restructuring process. The company will hold a town hall meeting Thursday (April...
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. The...