Layoffs

PFM App NerdWallet Thins Out Staff Due To Lack Of Revenue Growth
PFM App NerdWallet Thins Out Staff Due To Lack Of Revenue Growth
November 17, 2017  |  Personnel

Personal finance startup NerdWallet laid off 53 people on Thursday – about 11 percent of its workforce – due to its failure to hit profitability...

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Wells Fargo Cuts Back SMB Card Unit As Part Of Card Processing Restructure
Wells Fargo Cuts Back SMB Card Unit As Part Of Card Processing Restructure
November 15, 2017  |  Banking

About 50 Wells Fargo employees were laid off from its SMB card processing unit as the bank works to restructure the entire unit geared toward...

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The Surprise And No Delight Edition: Whole Foods, Sonic and BAMS
The Surprise And No Delight Edition: Whole Foods, Sonic and BAMS
October 02, 2017  |  Data Dive

The worst lines ever spoken in thriller/horror movies are “I’ll be right back” and “What else could possibly go wrong?” In the first instance, the person speaking those words...

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Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce
Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce
August 18, 2017  |  Banking

Portland, Oregon-based online bank Simple reduced its workforce by nearly 10 percent earlier this week, marking its second round of layoffs in 2017. According to a...

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Today in Data: Wells Fargo Updates
Today in Data: Wells Fargo Updates
July 31, 2017  |  Today In Data

To say that it’s been a rough few years for Wells Fargo would be an understatement. Within just the last few months, we’ve reported on...

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Target Lays Off 40 At Headquarters
Target Lays Off 40 At Headquarters
May 29, 2017  |  Retail

Target, the Minneapolis retailer, has eliminated close to 40 corporate headquarter jobs as part of a massive overhaul of operations. According to a report, the employees...

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NerdWallet Lays Off 40
NerdWallet Lays Off 40
April 21, 2017  |  Business

Personal finance startup NerdWallet just let go of 40 employees, or 8 percent of its total staff, including its VP of Growth. Additionally, NerdWallet’s COO...

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Walmart Keeps Shedding Corporate Jobs
Walmart Keeps Shedding Corporate Jobs
April 12, 2017  |  eCommerce

While many brick-and-mortar stores have been battling it out within the eCommerce arena over the past few years, it looks like one of the largest...

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Amazon Staffers Part Ways With Quidsi Following Profit Stagnation
Amazon Staffers Part Ways With Quidsi Following Profit Stagnation
March 30, 2017  |  Amazon

In the startup atmosphere, there are a few signs that point to success. Raising enough funds and making enough profit to file an IPO or...

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