Downsizing news and trends

Tiny Houses Are Big Business As Ikea Takes Downsizing Mainstream
Retail // December 18, 2020

At a time when the pandemic has caused consumers to rethink everything from how they get their food to where they want to work, the latest lifestyle trend that’s getting a look involves simplifying and downsizing into a so-called tiny house. These typically eco-friendly dinky...

India’s Future Group Cuts eCommerce Venture, Lays Off About 400
eCommerce // January 20, 2020

Future Group, the Indian conglomerate headquartered in Mumbai, is downsizing its eCommerce division Retail 3.0 and laid off 350-400 workers, Livemint reported Sunday (Jan. 19), citing four sources who were former employees. The layoffs affected sales, product development, marketing and ground operations and took place...

WeWork Begins Layoffs Of 20 Pct. Of Workforce
Personnel // November 21, 2019

Co-working office space company WeWork is slashing its worldwide workforce by 20 percent – a total of 2,400 employees – as it strives to revamp its struggling business and cut costs, The New York Times reported on Thursday (Nov. 21). The downsizing follows major losses,...

Today In Data: Downsizing Optimization
Today In Data // April 05, 2017

It’s just as important to know when to downsize business operations for optimization as it is to understand when to seek an expansion. Several businesses today are looking to reduce either their size, product offerings or operational costs to help round out business. Here are...

Quick Reads
Crypto Bear Market Sees Digital Asset Industry Layoffs Pile Up

February 23, 2023
The number 2023 – new year or the number of crypto jobs cut these past two months? As a Bloomberg report Thursday (Feb. 23) noted, since January, the crypto sector has seen over 2,000 jobs lost as companies in the digital asset sector continue to retrench. It’s certainly been a choppy start to the new year for […]

India’s Future Group Cuts eCommerce Venture, Lays Off About 400

January 20, 2020
Future Group, the Indian conglomerate headquartered in Mumbai, is downsizing its eCommerce division Retail 3.0 and laid off 350-400 workers, Livemint reported Sunday (Jan. 19), citing four sources who were...

WeWork Begins Layoffs Of 20 Pct. Of Workforce

November 21, 2019
Co-working office space company WeWork is slashing its worldwide workforce by 20 percent – a total of 2,400 employees – as it strives to revamp its struggling business and cut...

Today In Data: Downsizing Optimization

April 05, 2017
It’s just as important to know when to downsize business operations for optimization as it is to understand when to seek an expansion. Several businesses today are looking to reduce...