The world’s biggest banks reportedly slashed more than 60,000 jobs in 2023. It was a year in which investment banks suffered their second year in a...
This year has seen a lot of sweeping predictions about AI’s impact on work. For example, Elon Musk has said that advances in artificial intelligence...
A dearth of new funding rounds has reportedly triggered a wave of startup layoffs. This year saw more than 250,000 tech workers lose their jobs,...
Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. The latest job...
Corporate travel and expense management startup Navan has laid off 145 people. The layoffs — 5% of the company’s staff — are part of a restructuring, TechCrunch...
Wells Fargo will reportedly incur greater-than-expected expenses from severances tied to recent job cuts. The price tag for those layoffs could come to between $750 million and just...
Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. “The Spotify of tomorrow must be defined by...
Toronto-Dominion Bank, Canada’s second-largest lender, has reportedly undertaken a restructuring plan that includes a 3% reduction in its workforce. The job cuts will be implemented...