Job Cuts news and trends

Report: Apple Cuts 614 Jobs in Largest Reduction Since Pandemic
Apple // April 05, 2024

Apple is reportedly laying off 614 employees. The company gave notice of the job cuts on March 28 and those cuts will take effect on May 27, The Wall Street Journal (WSJ) reported Friday (April 5), citing California state records. Apple did not immediately reply...

Technology, Government, Financial Sectors Lead First-Quarter Job Cuts
Economy // April 04, 2024

The technology, government and financial sectors made the greatest number of job cuts during the first quarter. Across all industries, U.S. employers announced 257,254 job cuts during the quarter, Challenger, Gray & Christmas said in a Thursday (April 4) press release. That total was up...

Layoffs Target Remote Workers More Than In-Office Staff
Payroll // February 25, 2024

For some workers, working from home no longer seems like an attractive option. As Bloomberg News noted in a recent report, the white-collar labor market has cooled, leading companies to scale back their work-from-home offering. The report, citing information from employment firm Live Data Technologies, says that fully...

Tech Layoffs ‘Become Contagious’ Amid AI Investments
artificial intelligence // February 11, 2024

Tech firms have cut 34,000 jobs so far this year amid new investments in technology. A total of 141 companies have cut staff this year as of Sunday (Feb. 11), according to Layoffs.fyi, which monitors unemployment in the tech sector. Among those companies are PayPal, eBay, Microsoft and Snap....

Quick Reads
Google Laying Off Unspecified Number of Employees Amid Shifting Priorities

April 17, 2024
Google is laying off an unspecified number of employees and shifting some roles to other countries as part of a continuing effort to cut costs. The employees will be able to apply for other roles at the company and some of the impacted roles will move to hubs in India, Chicago, Atlanta and Dublin, a Google […]

Report: Apple Cuts 614 Jobs in Largest Reduction Since Pandemic

April 05, 2024
Apple is reportedly laying off 614 employees. The company gave notice of the job cuts on March 28 and those cuts will take effect on May 27, The Wall Street...

Technology, Government, Financial Sectors Lead First-Quarter Job Cuts

April 04, 2024
The technology, government and financial sectors made the greatest number of job cuts during the first quarter. Across all industries, U.S. employers announced 257,254 job cuts during the quarter, Challenger,...

Layoffs Target Remote Workers More Than In-Office Staff

February 25, 2024
For some workers, working from home no longer seems like an attractive option. As Bloomberg News noted in a recent report, the white-collar labor market has cooled, leading companies to scale back...