PayPal is laying off 2,000 employees as part of a transformation that includes cost-cutting. The reductions will amount to 7% of the firm’s global workforce...
Groupon will be eliminating another 500 jobs globally as it continues with its restructuring plans. The firm said in a filing with the Securities and...
Hasbro is cutting 15% of its workforce after seeing a 17% year-over-year drop in revenue. The branded entertainment company will eliminate 1,000 positions worldwide this...
LendingClub’s results showed that higher interest rates are cutting into investors’ demand to buy loans. The company said in its earnings materials on Wednesday (Jan....
Bolt reportedly laid off 10% of its workforce on Tuesday (Jan. 24). The Information reported Tuesday that with the layoffs of these 50 employees, the...
Banks are set to undertake the largest wave of job cuts in 15 years amid declining revenues. Industry watchers told the Financial Times (FT) the...
Google parent Alphabet is cutting 12,000 jobs as it adjusts to the current macroeconomic environment. Google and Alphabet CEO Sundar Pichai said in a Friday...
Uber’s CEO says the rideshare/delivery giant has no plans for company-wide layoffs. Dara Khosrowshahi made these comments — reported by Reuters — at the World...
Microsoft is laying off 10,000 workers, part of an ongoing wave of tech job cuts. The layoffs, which represent a little under 5% of the...