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 be laid off nationwide amid the pandemic, SeattlePI reported. Get the Full Story Complete the form to unlock this article...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Deliveroo announced it was laying off 367 employees and furloughing 50 — roughly 15 percent of its staff of over 2,500 — as it battles falling demand and revenue during the coronavirus pandemic, according to several reports on Tuesday (April 28). Get the Full Story...
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 by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
July 19, 2020
Despite trimming jobs and minimizing operations as COVID-19 spread earlier this year, large U.S. companies now say that’s not enough. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]
July 14, 2020
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 be laid off nationwide amid...
April 29, 2020
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. Get the Full Story Complete...
April 29, 2020
Deliveroo announced it was laying off 367 employees and furloughing 50 — roughly 15 percent of its staff of over 2,500 — as it battles falling demand and revenue during...