Layoffs

US Hiring Hit Rock Bottom In April As Coronavirus Downturn Deepened, JOLTS Report Shows

US Hiring Hit Rock Bottom In April As Coronavirus Downturn Deepened, JOLTS Report Shows
US Hiring Hit Rock Bottom In April As Coronavirus Downturn Deepened, JOLTS Report Shows
June 09, 2020  |  Economy

New hiring fell to an all-time low in April as coronavirus lockdowns took a steep toll on economic activity across the United States, according to...

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WeWork Eyes Closing Doors On Its WeLive Shared-Housing Communities
WeWork Eyes Closing Doors On Its WeLive Shared-Housing Communities
June 09, 2020  |  Investments

WeWork is considering ending its plans for WeLive, its communal living program based in Crystal City near Washington D.C., Bloomberg reports from anonymous sources. Get...

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Debt Issuance And Layoffs Point To Headwinds For Labor Market?
Debt Issuance And Layoffs Point To Headwinds For Labor Market?
June 05, 2020  |  Economy

Issue debt, raise funds, lay off workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Monzo To Cut 120 Jobs Due To Pandemic Fallout
Monzo To Cut 120 Jobs Due To Pandemic Fallout
June 03, 2020  |  Banking

U.K. digital bank Monzo will cut 120 jobs due to the impact of the coronavirus, Reuters reports. Get the Full Story Complete the form to...

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Stitch Fix Announces Layoffs of 1,400 California Stylists
Stitch Fix Announces Layoffs of 1,400 California Stylists
June 02, 2020  |  Retail

As it looks to hire employees in lower-cost states, Stitch Fix Inc. told its approximately 1,400 California-based stylists that they would be laid off. Many...

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United Airlines Announces Executive Staff Cuts
United Airlines Announces Executive Staff Cuts
May 29, 2020  |  Economy

The “friendly skies” of United Airlines are not so friendly for employees facing layoffs as the pandemic has devastated the airline industry. Get the Full...

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Uber India Lays Off 600 As Ride Demands Vanish Amid COVID-19
Uber India Lays Off 600 As Ride Demands Vanish Amid COVID-19
May 26, 2020  |  International

As India sees COVID-19 cases quickly climb for the seventh day in a row as of Tuesday (May 26), Uber, like most businesses in the...

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HSBC To Restart Restructuring, Eyes Deeper Job Cuts
HSBC To Restart Restructuring, Eyes Deeper Job Cuts
May 25, 2020  |  Banking

The biggest reorganization in HSBC’s history could get even larger as more cuts are requested by the board following the economic fallout from the worldwide...

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Uber Refocuses Business, Cuts 3K Jobs
Uber Refocuses Business, Cuts 3K Jobs
May 18, 2020  |  Ridesharing

Uber plans to cut 3,000 more jobs and close 45 offices — all while eyeing other cutbacks as the COVID-19 economy keeps pummeling the ride-hailing...

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