Following a drop in sales amid the COVID-19 health crisis, Burberry is to reduce its workforce by 500 positions globally with the inclusion of 150 jobs in...
Less than 90 days after REI, the outdoor recreation retailer, cut 25 percent of its workforce at its Kent, Washington headquarters, hundreds more workers will...
In today’s top news, tech startups have laid off nearly 70,000 employees in the last four months, and Rocket Companies, parent of Quicken Loans, filed...
No sector of the U.S economy has been spared from the economic fallout of COVID-19. But the ranks of tech startups have been devastated with...
Many Americans have seen their household incomes become one of COVID-19’s many casualties, as the U.S. unemployment rate has skyrocketed and millions of workers who...
In an email on Thursday (June 25), Nike CEO John Donahoe said the current financial crisis will likely see the athletics retailer cutting jobs after...
After using their Paycheck Protection Program (PPP) loans, 14 percent of borrowers foresee needing to lay off staffers, per a survey from the NFIB Research Center. Half...
Blockchain-based we.trade, which works in open trading, has cut around half of its workforce after it was unable to secure sufficient funding, Global Trade Review...