Layoffs

Upstart Laying Off 365 Employees as Loan Originations Decline

Upstart Laying Off 365 Employees as Loan Originations Decline
Upstart Laying Off 365 Employees as Loan Originations Decline
January 31, 2023  |  Personnel

Upstart is laying off 365 employees due to reduced demand for lending. Get the Full Story Complete the form to unlock this article and enjoy...

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PayPal Cuts 2,000 Jobs to Further Right-Size the Business
PayPal Cuts 2,000 Jobs to Further Right-Size the Business
January 31, 2023  |  Digital Payments

PayPal is laying off 2,000 employees as part of a transformation that includes cost-cutting. Get the Full Story Complete the form to unlock this article...

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Groupon Eliminating 500 Jobs as It Continues Restructuring Plans
Groupon Eliminating 500 Jobs as It Continues Restructuring Plans
January 30, 2023  |  Coupon Apps

Groupon will be eliminating another 500 jobs globally as it continues with its restructuring plans. Get the Full Story Complete the form to unlock this...

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Hasbro’s Weak Holiday Sales Trigger 15% Headcount Cut
Hasbro’s Weak Holiday Sales Trigger 15% Headcount Cut
January 27, 2023  |  Retail

Hasbro is cutting 15% of its workforce after seeing a 17% year-over-year drop in revenue. Get the Full Story Complete the form to unlock this...

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Marketplace Revenues Sink 28% as LendingClub Eyes Lower Loan Originations
Marketplace Revenues Sink 28% as LendingClub Eyes Lower Loan Originations
January 25, 2023  |  Earnings

LendingClub’s results showed that higher interest rates are cutting into investors’ demand to buy loans. Get the Full Story Complete the form to unlock this...

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One-Click Checkout Startup Bolt Laying Off 10% of Workforce
One-Click Checkout Startup Bolt Laying Off 10% of Workforce
January 24, 2023  |  Personnel

Bolt reportedly laid off 10% of its workforce on Tuesday (Jan. 24). Get the Full Story Complete the form to unlock this article and enjoy...

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Banks Trim Pandemic-Fueled Headcount
Banks Trim Pandemic-Fueled Headcount
January 22, 2023  |  Personnel

Banks are set to undertake the largest wave of job cuts in 15 years amid declining revenues. Get the Full Story Complete the form to...

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Google Parent Alphabet Cutting 12K Jobs in ‘Different Economic Reality’
Google Parent Alphabet Cutting 12K Jobs in ‘Different Economic Reality’
January 20, 2023  |  Big Tech

Google parent Alphabet is cutting 12,000 jobs as it adjusts to the current macroeconomic environment. Get the Full Story Complete the form to unlock this...

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CEO Says Uber Has No Plans for Widespread Job Cuts
CEO Says Uber Has No Plans for Widespread Job Cuts
January 19, 2023  |  Economy

Uber’s CEO says the rideshare/delivery giant has no plans for company-wide layoffs. Get the Full Story Complete the form to unlock this article and enjoy...

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