Layoffs

Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
April 29, 2020  |  Ridesharing

Lyft, the San Francisco-based ridesharing company, has laid off 17 percent of its workforce and imposed salary reductions for executives for three months, CNBC reported....

READ MORE >
Deliveroo To Lay Off 15 Pct Of Staff Amid COVID-19
Deliveroo To Lay Off 15 Pct Of Staff Amid COVID-19
April 29, 2020  |  Gig Economy

Deliveroo announced it was laying off 367 employees and furloughing 50 — roughly 15 percent of its staff of over 2,500 — as it battles...

READ MORE >
TripAdvisor Cuts 900 Staff As COVID-19 Decimates Travel
TripAdvisor Cuts 900 Staff As COVID-19 Decimates Travel
April 28, 2020  |  Coronavirus

TripAdvisor is further cutting staff after already doing so earlier this year, with the coronavirus’s crippling blow crushing the travel business, according to a report...

READ MORE >
Uber Considers Cutting 20 Pct Of Workers
Uber Considers Cutting 20 Pct Of Workers
April 28, 2020  |  Coronavirus

With the ongoing coronavirus pandemic still keeping people at home, Uber could be in dire straits, facing potentially laying off 20 percent of its workforce,...

READ MORE >
Accenture, Verizon Effort Seeks To Connect Jobless Workers, Hiring Companies
Accenture, Verizon Effort Seeks To Connect Jobless Workers, Hiring Companies
April 15, 2020  |  Coronavirus

The number of layoffs in the U.S. has skyrocketed as the COVID-19 crisis ravages the economy. At the same time, other companies, such as online...

READ MORE >
Best Buy To Put Approximately 51K Staffers On Temporary Leave
Best Buy To Put Approximately 51K Staffers On Temporary Leave
April 15, 2020  |  Retail

Amid the coronavirus crisis, Best Buy will put roughly 51,000 domestic hourly store staffers, with the inclusion of almost all part-time employees, on temporary leave...

READ MORE >
WeWork Plans Additional Workforce Reductions
WeWork Plans Additional Workforce Reductions
April 14, 2020  |  Personnel

WeWork plans to make additional reductions to its workforce, even with the recent removal of jobs, Bloomberg reported. Get the Full Story Complete the form...

READ MORE >
Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
April 14, 2020  |  News

In today’s top news, leaders on Capitol Hill have not agreed on a new coronavirus relief package, and food delivery apps are facing a lawsuit...

READ MORE >
Groupon Cuts 44 Pct Of Workforce
Groupon Cuts 44 Pct Of Workforce
April 13, 2020  |  Economy

As the coronavirus pandemic continues, Groupon plans to lay off or furlough around 2,800 employees, according to a filing with the U.S. Securities and Exchange Commission...

READ MORE >