Layoffs

Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay

Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
April 29, 2020  |  Ridesharing

Lyft, the San Francisco-based ridesharing company, has laid off 17 percent of its workforce and imposed salary reductions for executives for three months, CNBC reported....

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Deliveroo To Lay Off 15 Pct Of Staff Amid COVID-19
Deliveroo To Lay Off 15 Pct Of Staff Amid COVID-19
April 29, 2020  |  Gig Economy

Deliveroo announced it was laying off 367 employees and furloughing 50 — roughly 15 percent of its staff of over 2,500 — as it battles...

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TripAdvisor Cuts 900 Staff As COVID-19 Decimates Travel
TripAdvisor Cuts 900 Staff As COVID-19 Decimates Travel
April 28, 2020  |  Coronavirus

TripAdvisor is further cutting staff after already doing so earlier this year, with the coronavirus’s crippling blow crushing the travel business, according to a report...

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Uber Considers Cutting 20 Pct Of Workers
Uber Considers Cutting 20 Pct Of Workers
April 28, 2020  |  Coronavirus

With the ongoing coronavirus pandemic still keeping people at home, Uber could be in dire straits, facing potentially laying off 20 percent of its workforce,...

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Accenture, Verizon Effort Seeks To Connect Jobless Workers, Hiring Companies
Accenture, Verizon Effort Seeks To Connect Jobless Workers, Hiring Companies
April 15, 2020  |  Coronavirus

The number of layoffs in the U.S. has skyrocketed as the COVID-19 crisis ravages the economy. At the same time, other companies, such as online...

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Best Buy To Put Approximately 51K Staffers On Temporary Leave
Best Buy To Put Approximately 51K Staffers On Temporary Leave
April 15, 2020  |  Retail

Amid the coronavirus crisis, Best Buy will put roughly 51,000 domestic hourly store staffers, with the inclusion of almost all part-time employees, on temporary leave...

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WeWork Plans Additional Workforce Reductions
WeWork Plans Additional Workforce Reductions
April 14, 2020  |  Personnel

WeWork plans to make additional reductions to its workforce, even with the recent removal of jobs, Bloomberg reported. Get the Full Story Complete the form...

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Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
April 14, 2020  |  News

In today’s top news, leaders on Capitol Hill have not agreed on a new coronavirus relief package, and food delivery apps are facing a lawsuit...

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Groupon Cuts 44 Pct Of Workforce
Groupon Cuts 44 Pct Of Workforce
April 13, 2020  |  Economy

As the coronavirus pandemic continues, Groupon plans to lay off or furlough around 2,800 employees, according to a filing with the U.S. Securities and Exchange Commission...

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