Layoffs

Wells CEO Says He’s In For The Next Decade

Wells CEO Says He’s In For The Next Decade
Wells CEO Says He’s In For The Next Decade
September 24, 2018  |  Personnel

Wells Fargo Chief Executive Tim Sloan told Bloomberg late last week that he plans to stay on at the company for the next decade. According...

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Trump Administration Shrinks Finance Watchdog
Trump Administration Shrinks Finance Watchdog
August 09, 2018  |  Regulation

The Trump administration is laying off 40 staff members at the Office of Financial Research (OFR), an independent bureau that analyzes market trends to detect...

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In eCommerce, Amazon Sizzles, While eBay Fizzles
In eCommerce, Amazon Sizzles, While eBay Fizzles
July 20, 2018  |  Sizzle/Fizzle

Sizzle Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Retail Pulse: Fabletics Plans Expansion, Dunkin’ Gets New CEO
Retail Pulse: Fabletics Plans Expansion, Dunkin’ Gets New CEO
July 13, 2018  |  Retail

Fabletics is seeking aggressive growth, with the activewear retailer planning to open 75 new brick-and-mortar stores in the U.S. and other countries. Such an expansion would...

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Snap To Fire 100 Engineers In Its Latest Layoff Round
Snap To Fire 100 Engineers In Its Latest Layoff Round
March 30, 2018  |  Personnel

Snap, the parent company and creator of disappearing messaging app Snapchat, is laying off around 100 employees in order to focus on advertising. Get the...

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Snap Braces For Biggest Round Of Layoffs Yet
Snap Braces For Biggest Round Of Layoffs Yet
March 08, 2018  |  Personnel

Just like the photos and videos shared on its social platform, Snap employees are about to disappear as the company braces for another round of...

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Amazon Working To Combine Prime Now And Fresh
Amazon Working To Combine Prime Now And Fresh
February 16, 2018  |  Amazon

Amazon is reportedly engaged in a round of layoffs after combining Amazon Prime Now and AmazonFresh. According to a report in Yahoo! Finance, the layoffs...

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Weak Holiday Sales Force Barnes & Noble To Reduce Staff
Weak Holiday Sales Force Barnes & Noble To Reduce Staff
February 13, 2018  |  Retail

After weak holiday sales, Barnes & Noble has laid off an unspecified number of experienced workers, such as lead cashiers and digital leads. The news...

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Amazon Cuts Consumer Biz Heads At Seattle HQ  
Amazon Cuts Consumer Biz Heads At Seattle HQ  
February 12, 2018  |  Amazon

Amazon is reducing its headcount at its corporate office in Seattle, with the eCommerce giant reportedly laying off several hundred employees in what is seen...

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