Layoffs

TD Bank to Cut 3% of Workforce
TD Bank to Cut 3% of Workforce
November 30, 2023  |  Banking

Toronto-Dominion Bank, Canada’s second-largest lender, has reportedly undertaken a restructuring plan that includes a 3% reduction in its workforce. The job cuts will be implemented...

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Money Transfer Service Zepz Cuts 2% of Staff
Money Transfer Service Zepz Cuts 2% of Staff
November 30, 2023  |  Business

British money transfer firm Zepz has reportedly made another round of job cuts. The company, which owns remittance platforms WorldRemit and Sendwave, has laid off 30 workers, according to a CNBC report...

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Presto Cuts 17% of Staff as Restaurant Customers Reject Impersonal Experiences
Presto Cuts 17% of Staff as Restaurant Customers Reject Impersonal Experiences
November 21, 2023  |  ResTech

As Presto sees declines in its on-premise technologies amid shifts in consumers’ digital dining expectations, the company is making major layoffs and reinvesting in its...

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Amazon to Cut Jobs in Alexa Division, Focus on Generative AI
Amazon to Cut Jobs in Alexa Division, Focus on Generative AI
November 17, 2023  |  Amazon

Amazon is reportedly set to make hundreds of job cuts in its Alexa division. The move is part of the company’s efforts to focus on...

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Citigroup Begins Series of Wide-Ranging Layoffs
Citigroup Begins Series of Wide-Ranging Layoffs
November 15, 2023  |  Banking

Citigroup has reportedly begun cutting jobs as part of its CEO’s companywide overhaul. Workers at the banking giant were expected to be informed of the...

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Report: Blockchain.com Funding Round Cuts Valuation in Half
Report: Blockchain.com Funding Round Cuts Valuation in Half
November 15, 2023  |  Cryptocurrency

Blockchain.com’s latest funding round has reportedly cut its valuation by more than half. The cryptocurrency exchange announced Tuesday (Nov. 14) that it had raised $110 million in a...

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Chewy Lays Off 200 Employees, Aiming to Become More Agile
Chewy Lays Off 200 Employees, Aiming to Become More Agile
November 14, 2023  |  eCommerce

Online pet supplies retailer Chewy has recently undergone a round of layoffs, impacting over 200 employees across multiple locations. The layoffs include roles in human resources (HR),...

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Amazon Games Cuts 180 Jobs Amid Refocus on Development and Publishing 
Amazon Games Cuts 180 Jobs Amid Refocus on Development and Publishing 
November 13, 2023  |  Amazon

Amazon has made a second round of layoffs in its games division as part of a broader restructuring effort.  The elimination of 180 jobs in the...

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Report: Snap Lays Off 20 Employees in Product Management
Report: Snap Lays Off 20 Employees in Product Management
November 09, 2023  |  Personnel

Snap, the social messaging company, reportedly conducted a small round of layoffs as part of a reorganization aimed at streamlining its operations. Nearly 20 employees...

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