Layoffs

Walmart Reduces Corporate Workforce With Layoffs
Walmart Reduces Corporate Workforce With Layoffs
July 30, 2020  |  Retail

Walmart has reduced its workforce by laying off hundreds in its logistics, real estate and retail location planning divisions as it simplifies its business and reduces...

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Higher Education Aims To Reduce Costs Amid Pandemic
Higher Education Aims To Reduce Costs Amid Pandemic
July 22, 2020  |  Economy

Institutions of higher education are taking strong measures to stay on an even keel as they encounter less state funding, decreased contributions and a falling...

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Burberry To Reduce Workforce By 500 Positions Amid Pandemic
Burberry To Reduce Workforce By 500 Positions Amid Pandemic
July 15, 2020  |  Retail

Following a drop in sales amid the COVID-19 health crisis, Burberry is to reduce its workforce by 500 positions globally with the inclusion of 150 jobs in...

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More Layoffs Announced At REI
More Layoffs Announced At REI
July 14, 2020  |  Retail

Less than 90 days after REI, the outdoor recreation retailer, cut 25 percent of its workforce at its Kent, Washington headquarters, hundreds more workers will...

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Today In Payments: Tech Startups Laid Off 70K Since March; Quicken Loans Parent Files IPO
Today In Payments: Tech Startups Laid Off 70K Since March; Quicken Loans Parent Files IPO
July 08, 2020  |  News

In today’s top news, tech startups have laid off nearly 70,000 employees in the last four months, and Rocket Companies, parent of Quicken Loans, filed...

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Tech Startups Laid Off 70K Since March
Tech Startups Laid Off 70K Since March
July 08, 2020  |  Startups

No sector of the U.S economy has been spared from the economic fallout of COVID-19. Get the Full Story Complete the form to unlock this...

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The One Employment Stat That Could Threaten The Recovery
The One Employment Stat That Could Threaten The Recovery
July 02, 2020  |  Economy

Many Americans have seen their household incomes become one of COVID-19’s many casualties, as the U.S. unemployment rate has skyrocketed and millions of workers who...

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Nike Says Upcoming Job Cuts Are Not Due To Pandemic
Nike Says Upcoming Job Cuts Are Not Due To Pandemic
June 29, 2020  |  Retail

In an email on Thursday (June 25), Nike CEO John Donahoe said the current financial crisis will likely see the athletics retailer cutting jobs after...

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