Less than three months into his second stint as CEO, and Disney’s Bob Iger has unveiled his first sequel. This, as the recently returned executive...
The wave of layoffs announced by employers last month was the highest since 2020. U.S. based companies cut 102,943 jobs in January, a 136% increase...
Upstart is laying off 365 employees due to reduced demand for lending. The artificial intelligence (AI) lending platform said in a Tuesday (Jan. 31) filing...
PayPal is laying off 2,000 employees as part of a transformation that includes cost-cutting. The reductions will amount to 7% of the firm’s global workforce...
Groupon will be eliminating another 500 jobs globally as it continues with its restructuring plans. The firm said in a filing with the Securities and...
Hasbro is cutting 15% of its workforce after seeing a 17% year-over-year drop in revenue. The branded entertainment company will eliminate 1,000 positions worldwide this...
LendingClub’s results showed that higher interest rates are cutting into investors’ demand to buy loans. The company said in its earnings materials on Wednesday (Jan....
Bolt reportedly laid off 10% of its workforce on Tuesday (Jan. 24). The Information reported Tuesday that with the layoffs of these 50 employees, the...