Browsing: layoffs
Kellogg’s is reorganizing, downsizing, and cutting hundreds of jobs as U.S. cereal demand gets soggy
WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its…
After reporting a $1.6 billion net loss for Q2 2024, Intel is aiming to cut costs by $10 billion by…
Intel slashes 15,000 jobs and suspends dividend to better compete with chip rivals Nvidia and AMD
Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn…
Bosses are making their staff return to the office—or quit (but they’re notably absent themselves)
Research recently confirmed what many workers had already suspected: return-to-office mandates were often a thinly veiled headcount reduction. But while…
Sixty-five percent of Americans fear losing their job more than they fear sickness or poor health, according to a 2023…
Elon Musk says that Tesla now has jobs open — three months after informing Tesla staff about layoffs affecting tens…
Dell employees torpedoed the company’s annual report card after it withheld remote workers’ promotions and tracked attendance
It turns out that treating your workers like school children (and not in a “you earned a pizza party” kind…
Salesforce Inc. cut about 300 roles as part of a broader effort to streamline operations, underscoring that the tech industry…
British fashion house Burberry is reportedly laying off hundreds of employees amid huge stock selloff
British fashion house Burberry Group Plc is expected to shed hundreds of jobs, mostly in the UK, following a sharp…
Mark Zuckerberg’s ‘year of efficiency’ at Meta has spread to the company’s upper ranks and incompetent VPs are next to be culled
Nobody is safe from Meta CEO Mark Zuckerberg’s now permanent efficiency measures, not even the company’s upper echelons. As of…