PayPal will eliminate about 2,500 positions, or about 9% of its workforce, this year. The company aims to “right-size” its workforce by cutting jobs and...
UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline. The shipping giant will eliminate 12,000 positions — chiefly full-time and part-time...
Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the...
Supply chain logistics company Flexport is reportedly embarking on another sweeping round of job cuts. The firm plans to cut almost 20% of its staff — about 500...
Salesforce is reportedly laying off 700 employees, or about 1% of its workforce. The cuts are being made across the company, The Wall Street Journal...
While competitors were hustling to land deals with retailers and forge partnerships to reach more consumers, Levi’s boldly went all-in on its direct-to-consumer (D2C) strategy...
Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. The British lender also plans to create 830 new jobs for its “relationship growth” team...
Online marketplace company eBay says it will lay off 9% of its workforce, citing a difficult macroeconomic environment. Those job cuts will affect about 1,000 full-time employees of the...
Spending management company Brex has laid off 282 people — about 20% of the workforce — as part of a restructuring. “Today we’re restructuring Brex to...