Layoffs

Layoffs Loom at Disney as Company Looks to Cut Costs

Layoffs Loom at Disney as Company Looks to Cut Costs
Layoffs Loom at Disney as Company Looks to Cut Costs
November 13, 2022  |  Streaming

Disney will likely lay off employees as the entertainment goliath embarks on a cost-trimming project, part of a wave of job cuts hitting the media...

READ MORE >
Amazon Tightens Belt as World Waits on Inflation Response and Walmart Q3
Amazon Tightens Belt as World Waits on Inflation Response and Walmart Q3
November 11, 2022  |  Retail

It has been a great couple of days for Amazon investors as cooling inflation data triggered a bounce in its sagging stock that hadn’t been...

READ MORE >
Coinbase Cuts 60 in Recruiting and Onboarding Teams
Coinbase Cuts 60 in Recruiting and Onboarding Teams
November 10, 2022  |  Cryptocurrency

After making job cuts that totaled 18% of its full-time workforce in June, cryptocurrency exchange Coinbase has announced another 60 layoffs.  Get the Full Story...

READ MORE >
Redfin Cuts 13% of Staff in Advance of Long Housing Drought
Redfin Cuts 13% of Staff in Advance of Long Housing Drought
November 09, 2022  |  Real Estate

Anticipating a housing market downturn that will stretch into next year, online real estate seller Redfin is laying off 13% of its staff and shuttering...

READ MORE >
Meta Invests in Metaverse Plans Amid Sweeping Layoffs
Meta Invests in Metaverse Plans Amid Sweeping Layoffs
November 09, 2022  |  Meta

In the middle of the first mass layoffs in its history, Meta is set to purchase Audio Analytic as part of CEO Mark Zuckerberg’s metaverse ambitions....

READ MORE >
Zuckerberg Takes Responsibility for Upcoming Meta Staff Cuts
Zuckerberg Takes Responsibility for Upcoming Meta Staff Cuts
November 08, 2022  |  Meta

Social media and metaverse company Meta will join the growing list of tech companies making large employee layoffs on Wednesday (Nov. 9). Get the Full...

READ MORE >
Citigroup Investment Banking Unit Slashes Staff Globally
Citigroup Investment Banking Unit Slashes Staff Globally
November 08, 2022  |  Personnel

The rising trend of large corporations cutting back employees looks set to continue amid a report that Citigroup is scaling back its investment banking unit’s...

READ MORE >
Meta Reportedly Preparing to Lay Off Thousands
Meta Reportedly Preparing to Lay Off Thousands
November 06, 2022  |  Meta

Facebook owner Meta is reportedly set to begin massive layoffs this week, a first at that scale in the company’s history and the latest in...

READ MORE >
India’s Udaan Announces Layoffs in Wake of $120M Fundraise
India’s Udaan Announces Layoffs in Wake of $120M Fundraise
November 06, 2022  |  eCommerce

One week after raising $120 million, Indian B2B eCommerce firm Udaan is laying off at least 350 workers in a bid to reach profitability and...

READ MORE >