layoff

US Unemployment Claims Hit Lowest Level in 7 Months
US Unemployment Claims Hit Lowest Level in 7 Months
September 07, 2023  |  Economy

The American job market is still tight, at least according to one new measure. Data released Thursday (Sept. 7) by the U.S. Labor Department showed the...

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Robinhood Cuts 23% of Staff as Brokerage Sees 34% Drop in Monthly Active Users
Robinhood Cuts 23% of Staff as Brokerage Sees 34% Drop in Monthly Active Users
August 02, 2022  |  financial apps

Robinhood, the popular brokerage app, will lay off about 23% of its staff as customers slow down trading, The Wall Street Journal (WSJ) wrote Tuesday...

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Uber Shuts Eats In Middle East As Subsidiary Cut A Third Of Workforce In Dubai
Uber Shuts Eats In Middle East As Subsidiary Cut A Third Of Workforce In Dubai
May 05, 2020  |  Ridesharing

Dubai-based Careem, a subsidiary of Uber which performs similar ride-hailing business, announced it would be laying off 31 percent of its workforce due to the...

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LendingClub Lays Off 460 In Restructuring Plan
LendingClub Lays Off 460 In Restructuring Plan
April 22, 2020  |  Alternative Finances

A third of online lender LendingClub’s workers will be laid off, the company said on Tuesday, April 21. That’s 460 employees, including President Steven Allocca,...

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Blue Apron Puts Things On Pause
Blue Apron Puts Things On Pause
August 23, 2017  |  Personnel

On the heels of its recent IPO, meal kit food delivery service Blue Apron is implementing a hiring freeze in select departments and has issued layoff notices...

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Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce
Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce
August 18, 2017  |  Banking

Portland, Oregon-based online bank Simple reduced its workforce by nearly 10 percent earlier this week, marking its second round of layoffs in 2017. According to a...

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