Layoffs

WeWork Could Cut 1K Employees In New Wave Of Layoffs

WeWork Could Cut 1K Employees In New Wave Of Layoffs
WeWork Could Cut 1K Employees In New Wave Of Layoffs
March 13, 2020  |  Personnel

Embattled co-working company WeWork is facing another set of layoffs while trying to cut expenses and rebound from a tough period that saw a failed...

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OYO To Lay Off 5K Workers To Cut Costs
OYO To Lay Off 5K Workers To Cut Costs
March 04, 2020  |  Retail

As it pursues profitability and aims to reduce expenditures, economy hotel firm OYO is reducing its worldwide workforce by 5,000 individuals. The newest wave of...

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Virgin Money, Lloyds To Cut 1,200 Jobs
Virgin Money, Lloyds To Cut 1,200 Jobs
February 27, 2020  |  Personnel

Virgin Money is laying off a quarter of its branch network, shedding 500 jobs. Meanwhile, Lloyds Banking Group has announced plans to cut 780 more...

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Expedia To Cut 12 Pct. Of Staff
Expedia To Cut 12 Pct. Of Staff
February 25, 2020  |  Personnel

Travel site Expedia has announced that it will cut 3,000 workers in an attempt to streamline its “bloated” company after the exit of its CFO...

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HSBC Reorganization Slashes 35K Positions, $100B Assets
HSBC Reorganization Slashes 35K Positions, $100B Assets
February 18, 2020  |  Cross-border Payments

Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S.,...

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations
Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations
February 07, 2020  |  Retail

It was a fairly quiet week on the Walmart front in the race for the consumer’s whole paycheck, with only one big piece of news...

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Consumers’ Appetite For Home DNA Testing Wanes Amid Privacy Concerns
Consumers’ Appetite For Home DNA Testing Wanes Amid Privacy Concerns
February 06, 2020  |  Cybersecurity

The busy business of home DNA facing its first major test, as consumer demand for the products is beginning to dim. The issue was surfaced by...

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OYO Cuts Hotel Locations, Staffing After Quick Growth
OYO Cuts Hotel Locations, Staffing After Quick Growth
February 03, 2020  |  Cross-border Payments

India-based hotel group OYO is slowing its ambitions to be the world’s largest chain within the next three years, following a backlash from investors and...

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