Layoffs

Logistics Startups Slash Jobs as Freight Volumes Drop
Logistics Startups Slash Jobs as Freight Volumes Drop
January 29, 2024  |  Transportation

Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the...

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Flexport Reportedly Plans to Lay Off 20% of Staff
Flexport Reportedly Plans to Lay Off 20% of Staff
January 28, 2024  |  Supply Chain

Supply chain logistics company Flexport is reportedly embarking on another sweeping round of job cuts. The firm plans to cut almost 20% of its staff — about 500...

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Report: Salesforce to Lay Off 700 Employees, Redirect Spending
Report: Salesforce to Lay Off 700 Employees, Redirect Spending
January 26, 2024  |  Personnel

Salesforce is reportedly laying off 700 employees, or about 1% of its workforce. The cuts are being made across the company, The Wall Street Journal...

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Levi’s Direct-to-Consumer Bet Sparks Job Cuts
Levi’s Direct-to-Consumer Bet Sparks Job Cuts
January 25, 2024  |  Retail

While competitors were hustling to land deals with retailers and forge partnerships to reach more consumers, Levi’s boldly went all-in on its direct-to-consumer (D2C) strategy...

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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. The British lender also plans to create 830 new jobs for its “relationship growth” team...

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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. Those job cuts will affect about 1,000 full-time employees of the...

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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. “Today we’re restructuring Brex to...

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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  |  Retail

Amazon has made layoffs in its Buy with Prime unit, as part of its ongoing restructuring efforts. The company has laid off around 30 employees,...

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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.” The cuts amount to about 13% of its global...

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