Layoffs

TikTok Shop US Division Sees Another Round of Layoffs
TikTok Shop US Division Sees Another Round of Layoffs
July 02, 2025  |  Social Commerce

TikTok has reportedly made the third round of layoffs in three months at its U.S. eCommerce division, TikTok Shop. The company did not say how...

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Microsoft Cuts Nearly 9K Jobs in 2025’s 4th Round of Layoffs
Microsoft Cuts Nearly 9K Jobs in 2025’s 4th Round of Layoffs
July 02, 2025  |  Personnel

Microsoft is cutting nearly 9,000 jobs, the latest in a string of recent layoffs. The cuts will impact under 4% of the tech giant’s workforce, a...

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Job Cuts Coming at More Than 170 US Companies in June
Job Cuts Coming at More Than 170 US Companies in June
June 15, 2025  |  Economy

American companies are reportedly resorting to job cuts amid tariff-related uncertainty. More than 170 companies are expected to announce layoffs this month, Seeking Alpha reported...

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Report: SBA Staffing Cuts Reduce Service to Entrepreneurs
Report: SBA Staffing Cuts Reduce Service to Entrepreneurs
May 23, 2025  |  SMBs

Staffing cuts and tighter underwriting standards have reportedly made it more difficult for entrepreneurs to get help from the Small Business Administration (SBA). The SBA’s...

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Walmart Eliminating Roles on Technology and eCommerce Fulfillment Teams
Walmart Eliminating Roles on Technology and eCommerce Fulfillment Teams
May 21, 2025  |  Retail

Walmart plans to cut 1,500 corporate jobs in its technology, eCommerce fulfillment and advertising operations, The Wall Street Journal reported Thursday (May 21), citing unnamed...

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Federal Reserve to Cut Staff 10% Over ‘Couple of Years’
Federal Reserve to Cut Staff 10% Over ‘Couple of Years’
May 16, 2025  |  Personnel

The Federal Reserve plans to cut its workforce by about 10% “over the next couple of years” amid a periodic review of its staffing levels, Federal...

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Microsoft to Cut 3% of Workforce While Reducing Management Layers
Microsoft to Cut 3% of Workforce While Reducing Management Layers
May 13, 2025  |  Personnel

Microsoft is reportedly laying off 3% of its workforce, or about 6,000 employees, to reduce the number of management layers. The job cuts are not...

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Rite Aid Files for Bankruptcy, Job Cuts Expected
Rite Aid Files for Bankruptcy, Job Cuts Expected
May 05, 2025  |  Business

Rite Aid Corp. said Monday (May 5) that it has filed for Chapter 11 bankruptcy protection again, less than a year after emerging from a...

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Court Records Offer Glimpse Into Trump’s CFPB Firing Efforts
Court Records Offer Glimpse Into Trump’s CFPB Firing Efforts
April 28, 2025  |  Legal & Regulation

This week, a judge will hear testimony that could determine the future of the CFPB. The Consumer Financial Protection Bureau (CFPB) has been on shaky...

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