Layoffs

Investment Bank Layoffs Hit Europe’s Financial Centers
Investment Bank Layoffs Hit Europe’s Financial Centers
December 13, 2022  |  Personnel

U.S. bank Citi is the latest investment bank to axe staff in Europe. Joining the likes of Deutsche Bank and Credit Suisse, Reuters reported earlier...

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Goldman Plans to Cut Consumer Banking Staff and Marcus Personal Loans
Goldman Plans to Cut Consumer Banking Staff and Marcus Personal Loans
December 12, 2022  |  Banking

Goldman Sachs reportedly plans to make cutbacks in its retail banking business.  The Financial Times reported Monday (Dec. 12) that the firm is considering cutting...

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Kraken Lays Off 1,100 Citing Lower Crypto Trading Volume
Kraken Lays Off 1,100 Citing Lower Crypto Trading Volume
November 30, 2022  |  Cryptocurrency

Cryptocurrency exchange Kraken has laid off 1,100 employees in response to the current crypto winter.  The reduction amounts to 30% of the firm’s global workforce and...

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DoorDash Staff Cuts Underscore Consumer Delivery Pullback
DoorDash Staff Cuts Underscore Consumer Delivery Pullback
November 30, 2022  |  Delivery

DoorDash is the latest casualty of surging costs and changing consumer tastes. As reported Wednesday (Nov. 30), the food delivery aggregator said it was laying...

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Zilch Latest BNPL Firm to Lay Off Staff
Zilch Latest BNPL Firm to Lay Off Staff
November 29, 2022  |  BNPL

U.K.-based BNPL firm Zilch is reportedly laying off staff as it looks to cut costs. The Zilch layoffs, first reported in the Evening Standard on...

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UK Firms Recruit Laid-Off Tech Workers as Part of Digital Innovation Strategies
UK Firms Recruit Laid-Off Tech Workers as Part of Digital Innovation Strategies
November 28, 2022  |  Economy

It appears no country has been spared from the successive waves of layoffs taking place in the technology industry this year. The U.K. for example,...

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Amazon’s Jassy Says Layoffs to Stretch Into ‘23
Amazon’s Jassy Says Layoffs to Stretch Into ‘23
November 17, 2022  |  Amazon

Amazon’s job cuts will continue into next year, adding to those that have already been announced, as the company’s leaders are only midway through their...

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Amazon Begins Layoffs in Devices & Services Organization 
Amazon Begins Layoffs in Devices & Services Organization 
November 16, 2022  |  Amazon

Amazon has notified employees of layoffs after deciding to consolidate some teams and programs within its Devices & Services organization.  The firm did not specify...

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Bitcoin Futures Investment Firm Valkyrie Cuts 30% of Staff
Bitcoin Futures Investment Firm Valkyrie Cuts 30% of Staff
November 14, 2022  |  Personnel

Digital asset investment firm Valkyrie Investments has reportedly cut about one-third of its 23-person staff over the last few weeks, joining many other companies in...

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