Browsing: layoffs
‘We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
Taking a modern-century spin on “Let them eat cake,” shareholders are having the whole cake, and eating it too. It’s…
Meta’s ‘permanent’ efficiency layoffs affected about 100 employees, including engineers and business roles
Scores of Meta employees have been laid off this week, as the company embraces a new corporate culture of “efficiency”…
Meta fired about two dozen people in the company’s Los Angeles office last week for misusing a $25 dinner voucher…
Bobbie Racette, founder and CEO of virtual assistance company Virtual Gurus, didn’t always have a clear sense of how her…
As Boeing Co. lurches from one crisis to the next, there’s been one constant for the embattled planemaker: Its predicament…
The crisis continues at Boeing, and the aircraft manufacturer announced Friday that it plans to lay off around 17,000 employees,…
Northvolt AB sought bankruptcy protection for one of its units in a bid to limit the financial fallout from the…
Walt Disney Co. is laying off workers at the corporate level as part of a continuing effort to improve the…
A laid-off Foot Locker employee shorted the stock and made over $100,000, authorities say
Financial watchdogs charged a 56-year-old New Yorker with insider trading on Tuesday, alleging the executive knew in advance that Foot…
Amazon’s new RTO mandate is ‘a triumph of traditional management over innovative management,’ says former Google exec
Laszlo Bock, consultant and former Google senior executive, likened Andy Jassy’s demand that Amazon employees spend five days a week…