Layoffs: Page 5
Google and Meta Execs Rake in Big Bonuses Despite Industry-Wide Layoffs
Meta employees questioned Meta CEO Mark Zuckerberg about the generous bonuses awarded to C-suite executives amid company-wide layoffs and cost-cutting.
Disney's Biggest Round of Layoffs Expected This Week
"I do not make this decision lightly," said Disney CEO Bob Iger.
Whole Foods to Lay Off Hundreds of Corporate Employees in Company-Wide Restructuring of Certain Teams
The company announced on Thursday that new changes would impact employees in "different ways."
CEO Apologizes After Telling Employees Not To Ask About Bonuses and 'Leave Pity City'
The CEO and President of furniture company MillerKnoll delivered a harsh message to employees during a town hall.
Meta Begins Latest Round of Layoffs Amid 'Year of Efficiency'
In March, the Facebook parent gave employees a timeline of what to expect over the next few months.
Ernst & Young to Cut 3,000 Jobs Due To 'Overcapacity' and 'Current Economic Conditions'
The layoffs will impact nearly 5% of the accounting giant's workforce.
Marvel Entertainment Chairman Ike Perlmutter Speaks Out For First Time Following 'Lay Off'
The former CEO stirred controversy during his nearly 30-year tenure at Marvel.
Amazon Lays Off Over 100 Employees From Its Gaming Division
Previously, Amazon had laid off 20,000 employees in January and 9,000 employees in March. The Jeff Bezos-led company has struggled with its gaming division and has released only two games- New World and Lost Ark.
Google Is Cutting Back on Some of Its Iconic Perks Amid Cost Cutting Initiatives
The company is using data to determine which employee extras are getting the axe.
Apple Is Reportedly Beginning a Small Round of Layoffs
The move is being positioned as a "streamlining effort."
Apple To Eliminate Small Number Of Jobs In Its Corporate Retail Teams: Report
The report further noted that the jobs Apple's cutting is in the division that handles building and upkeep for its retail stores, and affected employees have been told that they have until the end of the week to apply for other positions at the company
McDonald's Temporarily Closes US Offices And Plans Layoffs: Report
According to reports, McDonald's also asked employees to cancel all in-person meetings with vendors and other outside parties at its headquarters
Unacademy To Lay Off 12% Workforce, Says CEO
As per reports, this is the fourth round of layoffs, as the unicorn in November fired 350 employees or 10% of its employees
Disney To Begin Layoffs This Week, Says Bob Iger
The internal memo sent to employees stated that there will be three rounds of layoffs in the beginning of the week that will result in 7000 job cuts
Alternatives to Layoffs in Tech: Maintaining a Stable Workforce
Layoffs are not always the best option and can often be detrimental to the organization as a whole. Companies can keep a steady workforce while still controlling expenses and adapting to market changes by thinking about possible alternatives to layoffs.