Layoffs

Job Board Upstream To Launch Early For Those Jobless From Virus Outbreak

Job Board Upstream To Launch Early For Those Jobless From Virus Outbreak
Job Board Upstream To Launch Early For Those Jobless From Virus Outbreak
March 24, 2020  |  Coronavirus

A new job board, Upstream, has launched ahead of schedule to attempt to help people get back to work after they were laid off due...

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Coronavirus: CVS Health Looks To Hire 50,000 Workers; H&M Mulls Temporary Layoffs
Coronavirus: CVS Health Looks To Hire 50,000 Workers; H&M Mulls Temporary Layoffs
March 23, 2020  |  Coronavirus

Retailers are adapting their operations and rolling out initiatives amid COVID-19, the disease caused by the coronavirus. Here are the latest updates from the retail...

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Coronavirus Triggers Job Losses, Reduced Hours
Coronavirus Triggers Job Losses, Reduced Hours
March 19, 2020  |  Coronavirus

Millions of Americans are working from home or not working at all as businesses shutter or reduce hours in the wake of the coronavirus pandemic,...

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Coronavirus Triggers Furloughs At Marriotts Worldwide
Coronavirus Triggers Furloughs At Marriotts Worldwide
March 17, 2020  |  Coronavirus

Worldwide furloughs are happening at Marriott International in response to the coronavirus pandemic and the resulting collapse of travel and tourism, according to reports on...

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WeWork Could Cut 1K Employees In New Wave Of Layoffs
WeWork Could Cut 1K Employees In New Wave Of Layoffs
March 13, 2020  |  Personnel

Embattled co-working company WeWork is facing another set of layoffs while trying to cut expenses and rebound from a tough period that saw a failed...

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OYO To Lay Off 5K Workers To Cut Costs
OYO To Lay Off 5K Workers To Cut Costs
March 04, 2020  |  Retail

As it pursues profitability and aims to reduce expenditures, economy hotel firm OYO is reducing its worldwide workforce by 5,000 individuals. The newest wave of...

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Virgin Money, Lloyds To Cut 1,200 Jobs
Virgin Money, Lloyds To Cut 1,200 Jobs
February 27, 2020  |  Personnel

Virgin Money is laying off a quarter of its branch network, shedding 500 jobs. Meanwhile, Lloyds Banking Group has announced plans to cut 780 more...

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Expedia To Cut 12 Pct. Of Staff
Expedia To Cut 12 Pct. Of Staff
February 25, 2020  |  Personnel

Travel site Expedia has announced that it will cut 3,000 workers in an attempt to streamline its “bloated” company after the exit of its CFO...

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HSBC Reorganization Slashes 35K Positions, $100B Assets
HSBC Reorganization Slashes 35K Positions, $100B Assets
February 18, 2020  |  International

Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S.,...

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