You know, the mainstream media is laying off Donald now.
|
|
ESPN is laying off another 100 staffers, per Sports Illustrated.
|
|
His campaign was meanwhile laying off most of its employees.
|
|
Carrier isn't the only Indiana factory laying off workers, either.
|
|
Meanwhile other real estate companies are also laying off staff.
|
|
Startups have begun laying off workers and shuttering their business.
|
|
The government has also been laying off some state workers.
|
|
No political harm was done by laying off the president.
|
|
Wishing may make it so, but there's strategy to laying off.
|
|
Yet there is no sign that the bullies are laying off.
|
|
Not many seem to have responded by laying off their workers.
|
|
Tesla, which also operates SolarCity, is only laying off salaried employees.
|
|
The decision means laying off about 15 people, Bloomberg reported Wednesday.
|
|
AT&T announced 200,000 bonuses of $1,000, while laying off thousands.
|
|
The company did not say whether it was laying off employees.
|
|
You see states and regions laying off librarians left and right.
|
|
New York (CNN Business)Lowe's is laying off thousands of workers.
|
|
Ministers have promised to compensate businesses for not laying off workers.
|
|
Sears, meanwhile, is closing stores and laying off hundreds of workers.
|
|
The low point, she said, was laying off her 15 employees.
|
|
IAC is laying off a third of the staff of Investopedia.
|
|
Karma Automotive is laying off 60 workers at its Irvine, Calif.
|
|
Doing a better job laying off the slider down and away.
|
|
Tesla is laying off 9% of its total staff across the company.
|
|
Snap is laying off about 100 employees, mostly affecting the sales team.
|
|
In probably related news, Twitter is laying off 9% of its staff.
|
|
Saturday Night Live isn't laying off Donald Trump now that he's president.
|
|
The oil major is laying off some 23,217 workers over 229-228.
|
|
" So, Lacy can make $385,000 simply by laying off the "China food.
|
|
Steel mills are laying off workers in droves due to Chinese imports.
|
|
GM began the process of laying off 4,000 salaried workers this month.
|
|
Victoria's Secret is losing another executive and laying off about 50 employees.
|
|
Smartphone maker HTC is laying off 22 percent of its entire workforce.
|
|
General Motors is laying off 28500,6900 people — 2628 percent of its workforce.
|
|
Jonah Verizon Media Group is laying off 7 percent of its workforce
|
|
Hotels across the country are laying off workers or cutting their hours.
|
|
Airlines are struggling to avoid laying off employees during the coronavirus crisis.
|
|
The cabinet also approved measures to prevent employers from laying off staff.
|
|
Restaurants and retailers are already closing their doors and laying off staff.
|
|
He set about cutting costs, including by laying off about 15,000 employees.
|
|
That's why Atrium is laying off most of its in-house lawyers.
|
|
One supplier, Spirit AeroSystems, announced that it was laying off 2,800 employees.
|
|
Separately, we are not laying off any HosPin personnel, that is incorrect.
|
|
The cuts would require laying off 100 state troopers – bringing the total number down to 200 troopers – as well as laying off 14,000 teachers and closing rural airports and greatly curtailing the state's ability to tend to roadways.
|
|
That can include laying off workers whose responsibilities overlap, and consolidating office space.
|
|
Last month, Tojiksodirotbank denied local media reports saying it was laying off staff.
|
|
It's also laying off some of the people who work at its headquarters.
|
|
First, the General Electric plant in Lawrence Park is laying off 1,500 workers.
|
|
Bowen ended up laying off all of the extra workers he had hired.
|
|
Earlier this year, Activision said it was laying off 8% of its workforce.
|
|
Maybe in a few months, I can start laying off the concealer, too.
|
|
Maybe the housewives should try laying off the wine business for a bit.
|
|
The University of North Dakota System is laying off more than 183 employees.
|
|
Pebble is laying off 40 employees, or about 25 percent of its staff.
|
|
The company denied that it was considering laying off 8,000 workers outside Italy.
|
|
That would force the industry to contract, laying off labour and vacating land.
|
|
In response, some lenders have started raising service fees and laying off staff.
|
|
Snap is laying off about 100 people, primarily from the company's sales side.
|
|
Disney's ESPN is laying off 150 more people, President John Skipper announced Wednesday.
|
|
Cash-strapped businesses have begun laying off and furloughing workers by the thousands.
|
|
Several startups in Silicon Valley have begun laying off staff in recent weeks.
|
|
Employers, facing a revenue drought, are laying off workers at a record pace.
|
|
Freight forwarding startup Flexport that is laying off 3% of its global staff.
|
|
"Laying off people, even for a short time, would be devastating," Alsina said.
|
|
WeWork is laying off 2,400 employees as a cost-cutting measure, CNBC reports.
|
|
Now, they're losing money on trading operations and laying off scores of traders.
|
|
I like mine, but my company has announced that it's laying off workers.
|
|
Twitter is laying off about 350 people — that's 9 percent of its workforce.
|
|
This led to some groups laying off workers or shutting down operations entirely.
|
|
The company had also proposed laying off four members of the 44-member chorus.
|
|
The company will be laying off factory workers, though it isn't revealing how many.
|
|
Nokia Technologies is laying off up to 310 people as part of the move.
|
|
Rumors about Twitter laying off 8% of its staff are slightly worse than expected.
|
|
BuzzFeed began laying off 15 percent of its staff — about 200 employees — on Friday.
|
|
Uber is laying off 400 of its 1,200 marketing employees, the company confirmed Monday.
|
|
Laws inhibiting employers from laying off workers also discouraged them from hiring permanent staff.
|
|
Vice Media is laying off 10% of its workforce, according to The Hollywood Reporter.
|
|
They did a good job of laying off some tough off-speed pitches too.
|
|
The financial toll was devastating, and included laying off 60 percent of my workforce.
|
|
General Motors will begin laying off 4,000 salaried workers on Monday, according to CNN.
|
|
"A lot of factories are laying off people, exports are slowing down," he said.
|
|
Nigerian labour unions have in recent months criticised oil companies for laying off workers.
|
|
Oil companies have been laying off workers in Texas and other oil producing states.
|
|
For many businesses that also means laying off or furloughing workers, at least temporarily.
|
|
As a result, while many restaurants are laying off workers, pizza chains are hiring.
|
|
Some are now shutting down, laying off staff, or drastically changing their marketing plans.
|
|
Amazon partner Pinnacle Logistics is laying off workers based at Baltimore-Washington International airport.
|
|
"He's seeing, he's laying off pitches, and it couldn't come at a better time."
|
|
WeWork has trimmed its wings, selling or shuttering some businesses and laying off employees.
|
|
Electric vehicle startup Nio is laying off 141 people at its North American headquarters.
|
|
Agencies will likely consider selling real estate, laying off personnel, and eliminating programs deemed redundant.
|
|
Steemit, a blockchain start-up, recently announced it's laying off 70 percent of its workforce.
|
|
Pharmalex was the only large local employer to survive, but even they were laying off.
|
|
Vox Media is laying off around 50 people, its CEO Jim Bankoff announced Wednesday morning.
|
|
Smartwatch pioneer Pebble is laying off 25 percent of its staff amid increased financial concerns.
|
|
Birchbox is laying off a quarter of its employees, the company confirmed to Business Insider.
|
|
Pinnacle Logistics, which services Amazon's Prime Air fleet, is laying off 1,374 workers in Illinois.
|
|
"Supply-side strategy ... means laying off people, shutting down mines and all that," Gu says.
|
|
It is reported to be laying off 900 people at its research center in Beijing.
|
|
They continually deploy new technologies to improve productivity, laying off some workers while hiring others.
|
|
The company announced that it would be laying off 325 employees in the U.S. alone.
|
|
Google will also be laying off 9% of its Fiber team, according to Ars Technica.
|
|
At the same time, the law would lower existing high barriers to laying off workers.
|
|
And our own parent company Oath is laying off around 4 percent of staff globally.
|
|
Services companies were among the hardest hit, laying off thousands of workers and idling equipment.
|
|
But with business booming, they have avoided laying off workers or cutting back on hours.
|
|
In September, NBCUniversal announced that it would be laying off 45 more employees from E!
|
|
Last November, he accused IBM of laying off 22019 Minnesotans and moving their jobs overseas.
|
|
Qualcomm also said Wednesday it had begun laying off employees as a cost-saving measure.
|
|
Snap is laying off 100 employees, mostly in advertising and sales, the company said Thursday.
|
|
Oil companies have already been laying off employees in recent months as crude prices sagged.
|
|
If small business owners avoid laying off workers, the loans would be 100 percent forgiven.
|
|
Ophthotech is now in the process of laying off about 80 percent of its workforce.
|
|
"The very large oil companies are the ones that start laying off first," he said.
|
|
He was shuttering his restaurants and laying off almost all of the roughly 800 employees.
|
|
And Uber announced that it is laying off 400 people on its marketing team. 3.
|
|
GE also has been laying off programmers at the GE Digital's San Ramon, California, headquarters.
|
|
In November, the company decided to liquidate, laying off 18,500 workers and closing the plants.
|
|
So he's laying off 50 people and taking time to find some other business model.
|
|
Securitisation caused the subprime debacle, but is today an important tool for laying off risk.
|
|
WeWork WeWork, the embattled co-working company, is laying off 2,400 employees around the globe.
|
|
Embattled blood-testing company Theranos is laying off 155 people, about 41 percent of its workforce.
|
|
Chinese conglomerate LeEco is laying off a majority of its US workforce, the company announced today.
|
|
As such, the company is laying off 7 percent of its 1,500 people — about 0793 people.
|
|
But if the president goes much further, they're going to start cutting, and laying off workers.
|
|
Energy companies operating off Norway are laying off tens of thousands of workers to preserve cash.
|
|
"We did a good job of laying off some tough pitches below the zone," Cash said.
|
|
Every day, we're starting to hear about startups laying off employees – sizable percentages of them, too.
|
|
The U.S. automaker also announced in May it was laying off more than 1,000 salaried workers.
|
|
Lowe's is laying off store workers across the country as it pivots to third-party vendors
|
|
Citigroup is laying off hundreds across equity and fixed-income trading, according to reports in July.
|
|
Meanwhile, Walmart is saving over $2 billion in taxes yet laying off more than 13,000 workers.
|
|
That also means they can pocket more savings achieved through cost cutting, like laying off workers.
|
|
Meanwhile, non-essential chains are closing stores and laying off employees in response to the pandemic.
|
|
The largest mining company, the Chinese company Bitmain, has been closing offices and laying off workers.
|
|
The interior of Powell's Books which announced it is laying off most of its employees today.
|
|
Upended by the coronavirus outbreak, nonprofits are laying off workers and seeking help from stretched donors.
|
|
Or to prevent a major hotel chain from laying off workers while engaging in stock buybacks?
|
|
The company is pulling out of 12 markets and laying off about 100 people, CNN reported.
|
|
In India, Oyo, a highly valued hospitality company, has started laying off more than 2,000 workers.
|
|
Discount hotel operator Oyo is laying off 1,800 employees in China and India, Bloomberg reported Friday.
|
|
Amazon delivery partner Greenwich Logistics is laying off 408 workers after Amazon cut the company's contract.
|
|
Bird has made cuts, too, laying off two dozen employees at its other scooter acquisition, Scoot.
|
|
Snap is laying off about 100 engineers — nearly 10 percent of the team — CNBC has learned.
|
|
Kamala Harris' campaign began laying off aides at her Baltimore headquarters and redeploying staff to Iowa.
|
|
Walmart is shutting down its exclusive Jet Black shopping service and laying off almost 300 people
|
|
IBTimes and Newsweek, which are owned by parent company IBT Media, are laying off people today.
|
|
In February, the company said it was laying off 250 employees, largely concentrated in its sales division.
|
|
In January, Medium morphed again, laying off one-third of its staff and adopting a subscription model.
|
|
Twitter also said Thursday it was laying off roughly 350 people, or 9 percent of its staff.
|
|
Unfortunately, it was on the verge of shutdown earlier this year after suddenly laying off 40 employees.
|
|
Snap Inc is laying off around 100 employees within the advertising and sales department, according to Bloomberg.
|
|
Yahoo has been laying off employees and seeking to cut costs as its core Internet business shrinks.
|
|
This week TechCrunch broke the news that Flexport was laying off 3% of staff, or 50 employees.
|
|
On April 29, Recode reported that Anki was laying off its employees and shutting down for good.
|
|
Laying off 90 percent of the company and forging an entirely different direction was the only option.
|
|
After laying off employees and starting to liquidate his inventory, he railed against the company on Facebook.
|
|
In April, H&R Block said it was laying off 250 workers during a disappointing tax season.
|
|
Two weeks ago, the company announced it was restructuring operations and laying off some of its workers.
|
|
BuzzFeed announced last week that it is laying off 250 employees, or 15 percent of its workforce.
|
|
New York (CNN Business)Uber (UBER) is laying off roughly one-third of its global marketing staff.
|
|
It is laying off 5 percent of its work force after an organizational review, a spokeswoman said.
|
|
Trump has criticized GM for building cars in Mexico while laying off workers in the United States.
|
|
A deal never came together, and Twitter ended up laying off 9 percent of its staff instead.
|
|
The microbiome-testing startup uBiome is laying off 114 employees on Wednesday, or about half its staff.
|
|
The airline eventually ceased operations in September 2012, weeks after laying off the majority of its staff.
|
|
Last fall, United States Steel began slowing production in Granite City, laying off 8003 or so apprentices.
|
|
Beleaguered media measurement company Comscore is reorganizing after laying off 8% of its staff this past week.
|
|
As part of that effort, WeWork is planning on laying off thousands of workers later this week.
|
|
JP Morgan Chase CEO Jamie Dimon said the bank could end up laying off 4,000 British employees.
|
|
Factories, mines and other businesses are withholding wages and benefits, laying off staff or shutting down altogether.
|
|
Unfortunately, that wasn't enough to keep them from laying off 30 percent of their staff in September.
|
|
Zenefits, an insurance startup that is no stranger to difficulties, is laying off more than 400 workers.
|
|
PHILADELPHIA ENERGY SOLUTIONS WILL BEGIN LAYING OFF SOME OF ITS 640 UNION REFINERY WORKERS ON THURSDAY -SOURCES
|
|
Public schools were closed, and SXSW announced that it was laying off a third of its workforce.
|
|
Many major companies, once titans of industry, are now in dire financial straits and laying off workers.
|
|
Many companies have started laying off workers and are calling for quick support from the federal government.
|
|
Meanwhile, Lime is reportedly considering laying off up to 70 people in the San Francisco Bay Area.
|
|
Earlier this year, GM eliminated the plant's second shift, saying it was laying off around 1,200 workers.
|
|
In Michigan, US Steel is temporarily laying off about 2600 workers at a plant just outside Detroit.
|
|
Startups across industries, many of which lack a capital cushion, have begun laying off and furloughing employees.
|
|
Already, sectors like hospitality, foodservice, and travel have started laying off a significant part of their workforce.
|
|
An Amazon Prime Air partner is laying off 1,600 workers as Amazon brings more jobs in-house.
|
|
The firm has begun a severe self-help plan this week that involves laying off 18,000 employees.
|
|
The company is reportedly laying off more than 200 employees involved in the self-driving car project.
|
|
TODAY'S NUMBER 8% That's how much of its workforce video gaming company Activision Blizzard is laying off.
|
|
But even as these proclamations are being made, retailers are still closing stores and laying off staff.
|
|
In Qatar, state-controlled firms such as Qatar Petroleum and Qatar Rail have been laying off staff.
|
|
The prolonged sales crisis has so far driven carmakers to consider shutting capacity and laying off staff.
|
|
The company is laying off about 90 employees, or around 1.6 percent of its 5,500-person workforce.
|
|
Major newspaper chains like McClatchy are facing huge financial pressures and laying off journalists left and right.
|
|
Instead of creating jobs in the United States, Harley's laying off workers, and it's expanding operations abroad.
|
|
That's how you create 17,000 jobs in an industry that is laying off tens of thousands. Right.
|
|
It also said it would be laying off about 6 percent of its workforce, or around 110 employees.
|
|
But in 2018 the automaker announced it was closing multiple US plants and laying off thousands of workers.
|
|
Today, Walmart is both majorly expanding benefits for workers and laying off thousands in its Sam's Club chain.
|
|
VMware confirmed that it was laying off 28 employees today as part of its fourth quarter earnings statement.
|
|
The German lender is considering laying off up to 20,000 people, according to a Wall Street Journal report.
|
|
And yesterday, Uber said it was shuttering its test program in Arizona, laying off almost 300 safety drivers.
|
|
After announcing the multi-billion-dollar writedown, the unit began laying off around 7 percent of its staff.
|
|
Home speaker maker Sonos is laying off workers as the company shifts to voice recognition and music streaming.
|
|
The Clinton Global Initiative (CGI) plans on laying off dozens of employees at year's end, Politico reported Tuesday.
|
|
The bank last month said it was restructuring the investment banking business, laying off more than 650 employees.
|
|
A section of the plant was idled for part of the year, and management began laying off staff.
|
|
There are widespread reports that factories are laying off workers and enforcing hiring freezes across China's industrial landscape.
|
|
Executives everywhere have been trying to improve matters by dumping unprofitable businesses, crimping expenses or laying off staff.
|
|
And what if the merger leads to laying off some workers but hiring more workers in other areas?
|
|
TheBlaze had struggled for the last few years, burning through company executives and laying off dozens of staffers.
|
|
To dig out from underneath this debt load, AT&T has been laying off employees and raising rates.
|
|
Then, with less revenue and no certainty on when business will bounce back, companies start laying off employees.
|
|
After laying off 7 percent of its work force, Tesla reported a first-quarter loss of $702 million.
|
|
The company said it was shutting down operations in Arizona, laying off about 300 employees in the area.
|
|
Small businesses are already laying off employees in response to the drop in demand because of the coronavirus.
|
|
All emphasized they will not be laying off workers, while trying to maintain as much service as possible.
|
|
Cisco fell 1.3 percent to $30.72 after technology news site CRN reported the company is laying off employees.
|
|
SoftBank-backed companies are laying off thousands of employees globally as they struggle to find paths to profitability.
|
|
Car rental platform Getaround is laying off about 150 employees – a quarter of its staff – reported The Information.
|
|
Until then, Republican leaders are laying off Paul for the most part, figuring a heavy hand won't work.
|
|
Passenger train operator VIA Rail said it was temporarily laying off 1,000 employees until the tracks re-open.
|
|
On Thursday, SoundCloud announced that it was laying off 193 employees, about 40 percent of its work force.
|
|
Passenger train operator VIA Rail said it was temporarily laying off 1,000 employees until the tracks re-open.
|
|
Home DNA-testing company 23andMe is laying off 100 employees, which is around 14 percent of its workforce.
|
|
Laying off pediatricians in favor of NPs and emergency room physicians is an attempt to monetize these patients.
|
|
Another Boeing supplier is laying off workers as it scrambles to deal with the 29 Max production halt.
|
|
Snap (SNAP) is laying off about 100 engineers or nearly 10 percent of the team, CNBC has learned.
|
|
Wag will be laying off "a significant amount of the remainder of its workforce," according to the report.
|
|
Kohl's is laying off 250 people as it restructures parts of its business following a dismal holiday season.
|
|
ESPN has been laying off employees while also renewing its focus on sports in a heated political atmosphere.
|
|
Wayfair confirmed on Thursday that it was laying off 3% of its global workforce, or more than 500 employees.
|
|
California's WARN act compels businesses to provide at least 60 days notice before laying off more than 50 workers.
|
|
Mic, a news startup focused on millennials, is laying off 25 staffers as it prepares to shift to video.
|
|
The conglomerate is laying off 12,000 people in a power division that lights up 30 percent of the world.
|
|
Fiat Chrysler has struggled with sales in recent years, while laying off thousands of employees, according to the Independent .
|
|
The SoftBank-backed company that sold everything for $3 is abruptly shutting down, refusing orders, and laying off employees.
|
|
Moreover, Brooklyn-based ConsenSys earlier this month confirmed it was laying off 13 percent of its 1,200-person staff.
|
|
On Monday, GM began laying off 4,22010 workers in Ohio, placing part of the blame on Trump's steel tariffs.
|
|
"We have to try to find a way to get outs because they're laying off good pitches," McCullers said.
|
|
In November 22017, the company announced that it was laying off 22015 developers, roughly a quarter of its staff.
|
|
At the hearing, she said vendors remain in a "dire" situation even after laying off employees and closing stores.
|
|
The bank is now laying off staff members and shutting branches in a desperate bid to win private investment.
|
|
Fiber cycled through two CEOs in the last 10 months, lost multiple executives, and has started laying off employees.
|
|
Jorgensen quashed media reports that Novo is considering laying off up to 29,000 in response to the new legislation.
|
|
Separately, the Detroit News is reporting that GM will begin the process of laying off about 4,250 workers today.
|
|
In March it said it was laying off 25 percent of its staff due to a lack of funds.
|
|
Nokia began laying off staff in April, and unions have expected up to 27,29 jobs to be slashed globally.
|
|
As it heads toward that lower-than-expected revenue figure, GoPro is laying off a chunk of its staff.
|
|
The Office of Management and Budget also inquired to the Commerce Department about the cost of laying off employees.
|
|
Ford is not laying off 20,000 of its workers, a spokesperson for the auto company told CNBC on Thursday.
|
|
But in January this year, Pandora announced it was laying off 7 percent of its workforce to cut costs.
|
|
In real-world terms, this means the company is saving money by laying off people and optimizing engineering spending.
|
|
Imax (IMAZ) is laying off 100 workers, or about 14 percent of its workforce, in a cost reduction move.
|
|
The company had to stop processing lab samples on July 10 after laying off its lab director, Susan Zneimer.
|
|
Imax – IMAX is laying off 21.08 workers, amounting to 14 percent of its workforce, in a cost reduction move.
|
|
Collings barely managed to avoid laying off her own staff in Canada by acquiring a last-minute bridge loan.
|
|
Twitter executives have considered selling some units or laying off employees, as The New York Times reported last month.
|
|
Even before the annual summer plant closures, automakers have been laying off workers in response to the softening demand.
|
|
The company announced on Friday that it would be laying off 10 percent of its workforce, according to Reuters.
|
|
As part of that, TechCrunch understands that the company will be laying off a percentage of its global workforce.
|
|
The bank is now laying off staff members and shutting branches in a desperate bid to win private investment.
|
|
The company is barred from laying off workers for four years in any customer-facing jobs in New York.
|
|
They were also pressing for additional safeguards to prevent companies from taking federal funds and then laying off workers.
|
|
The company is promoting him to run all of Vice News, and laying off at least 15 digital staffers.
|
|
It applies to businesses with 100 or more full- or part-time workers laying off at least 50 people.
|
|
Now, major US airlines say they need a massive bailout from Congress to avoid laying off scores of workers.
|
|
Laying off employees only to be forced to rehire to meet market demand would likely be counterproductive, Arcuri said.
|
|
In September, Bradley and I reported on Thasos laying off a majority of its staff and its CEO resigning.
|
|
New York (CNN Business)Industrial conglomerate 33M is laying off 23,23 workers globally as the company looks to restructure.
|
|
This has involved laying off many workers, but these states still employ many without a college degree, Carnevale says.
|
|
Already, health centers across the country have begun closing sites and laying off staff, with terrible consequences for patients.
|
|
WeWork reportedly delayed laying off staffers because it couldn't afford to pay severance, prior to accepting the SoftBank bailout.
|
|
New York (CNN Business)US Steel is closing a mill near Detroit, laying off workers and cutting its dividend.
|
|
Intel restructured its business and announced last year that it was laying off 12,000 people, including 560 in Chandler.
|
|
Marriott International is furloughing tens of thousands of employees, and Norwegian Air is temporarily laying off about 7,300 workers.
|
|
Private employers have also been laying off workers as the country's economic growth slows to its lowest rate in years.
|
|
Last month the San Francisco Chronicle reported that a smaller competitor, MapR, was shutting down and laying off 122 people.
|
|
Another competitor, MapR, said last month that its laying off employees and may shut down if it can't find funding.
|
|
Once PG&E begins laying off workers and decommissioning the plant, it can't backtrack if it runs into unexpected difficulties.
|
|
There have been reports of some companies either laying off workers or planning job cuts because of the import tariffs.
|
|
Gurley also pointed towards companies such as Homejoy shutting down and the likes of Twitter and Jawbone laying off staff.
|
|
"I think it is because management is taking extraordinary action for a growth company, laying off 12,000 people," Cramer said.
|
|
On January 11th, SpaceX announced that it was laying off 10 percent of its workforce, which equals about 577 people.
|
|
But Nigeria's 21 banks have been laying off staff, closing branches and slashing earnings forecasts as the economic crisis worsens.
|
|
Wells Fargo is spending $22015 billion on buybacks and is at the same time laying off workers in multiple states.
|
|
Uber is laying off 400 employees from its marketing team across 75 offices, the company told the New York Times.
|
|
Yesterday, GoPro confirmed TechCrunch's reporting that the company was shuttering its Karma drone division and laying off hundreds of employees.
|
|
Wells Fargo is spending $25 billion on buybacks and is at the same time laying off workers in multiple states.
|
|
Just last week, The Outline announced it was laying off its remaining staff writers and would rely solely on freelancers.
|
|
For example, Walmart announced a $20 billion share buyback while it was laying off hundreds and closing Sams Club stores.
|
|
Thalmic completely shifted its strategy, laying off some employees who had been working on the Myo armband in the process.
|
|
Lowe's — The home improvement retailer is laying off about 2,400 full-time workers, most of those at the store level.
|
|
The hedge fund has been liquidating funds and laying off staff following charges some staff were charged with securities fraud.
|
|
The company is laying off much of its staff and Holmes is banned from owning a lab for two years.
|
|
Just last year, RunKeeper had said it was laying off 30 percent of its staff to focus on revenue generation.
|
|
For example, it shut down it Vietnam business in December and pared back in India, laying off hundreds of employees.
|
|
Business leaders and many economists say the unpredictable cost of laying off workers puts companies off doing business in France.
|
|
The Spanish-language media network Univision is laying off 85033 to 250 employees, or about 6 percent of its workforce.
|
|
No one celebrates when higher productivity arises from laying off workers, and foreign takeovers are, indeed, associated with job losses.
|
|
Business Insider has learned that Letter Ride, an Amazon DSP, is laying off nearly 900 workers in California and Texas.
|
|
Business Insider has learned that Letter Ride, an Amazon DSP, is laying off nearly 2003 workers in California and Texas.
|
|
On Friday, BuzzFeed began laying off 15 percent of its staff, including its entire national desk and national security desk.
|
|
It's the latest move to scale back by SpaceX, which last week announced it was laying off hundreds of people.
|
|
The company behind pioneering disappearing message app Snapchat earlier this month said it was laying off "just over 120" engineers.
|
|
LuLaRoe is laying off 167 employees at a warehouse in Corona, California, on December 20, according to a company filing.
|
|
With money running short after a failed initial public offering, WeWork has been planning on laying off thousands of employees.
|
|
WeWork is planning on laying off at least 4,212 people from its workforce, The New York Times reported on Sunday.
|
|
WeWork is planning on laying off at least 4,000 people from its workforce, The New York Times reported on Sunday.
|
|
But this is Microsoft, a company that spent years fumbling new initiatives, laying off employees and retrenching from key markets.
|
|
But if rent collections lag for long, it will have to look at more severe measures, like laying off workers.
|
|
There were also multiple stories about US Steel and other companies idling plants and laying off workers at the time.
|
|
ESPN announced Wednesday that it was laying off 20123 people, about 2 percent of the sports broadcasting juggernaut's 8,000 employees.
|
|
Reuters reported on Monday that Pershing Square is laying off 10 employees, representing nearly a fifth of its total staff.
|
|
Dave Goodside kept the Beach Cafe restaurant open, borrowing money, laying off employees and sometimes working nonstop to remain afloat.
|
|
Legal-tech startup Atrium is reportedly shuttering its operations and laying off its 100 employees, TechCrunch's Josh Constine reported Tuesday.
|
|
GM last week confirmed it had idled engine production at the Silao facility last week, temporarily laying off 450 workers.
|
|
The housing market is still weak, deficits are still too high, and states are still laying off teachers, first responders.
|
|
It was ruthless about bringing down costs, sometimes laying off more than half the workforce of a company it acquired.
|
|
Union officials told CNN Business last week that restaurants are laying off workers and forcing them to take unpaid leave.
|
|
Start-ups have tightened their belts, laying off staff and focusing more on reaching profitability rather than skyrocketing user growth.
|
|
Restaurants across the country are laying off workers as the outbreak closes dining rooms and consumers cook food at home.
|
|
Managers started laying off the site's staff members last Friday, when 43 journalists at the company's news division were cut.
|
|
Profits at steel firms around the world have fallen into a sea of red ink, shuttering plants and laying off workers.
|
|
Verizon also confirmed that it is laying off 155 staffers at go90, mostly affecting the millennial-oriented mobile streaming service office.
|
|
Macri rolled out measures to dissuade struggling firms from laying off workers last year, which has kept employment levels relatively stable.
|
|
Meanwhile, both AT&T and Comcast had announced employee bonuses celebrating the Trump tax cuts; both are now laying off workers.
|
|
It ranked second for advanced turbine orders in 2018 and is shutting manufacturing sites and laying off workers to reduce costs.
|
|
Yang is reportedly laying off his national political and policy directors as well as the deputy national political director, among others.
|
|
In Kik's original announcement about shutting down Kik Messenger, the company said it would be laying off more than 100 employees.
|
|
The Verizon division formerly known as Oath is laying off 7 percent of its workforce, which amounts to roughly 800 employees.
|
|
The subscription service Birchbox is laying off a quarter of its employees globally, the company confirmed to Business Insider on Thursday.
|
|
Intel is the latest legacy tech company to announce a restructuring plan that includes laying off a significant number of employees.
|
|
Naturally, Peabody has been laying off lots of workers — more than 20 percent of its global workforce between 2012 and 2015.
|
|
The firm's autonomous driving division, known as Project Titan, underwent a big restructuring earlier this year, laying off over 200 employees.
|
|
Despite $200 million in funding, the company folded in April, laying off its entire staff after failing to raise additional capital.
|
|
"They did a nice job at laying off the balls up, which he's got a lot of swings at," Counsell said.
|
|
Finally, earlier this month, the company announced it was laying off 40 percent of its staff and greatly narrowing its ambitions.
|
|
The official jobless rate has remained steady at about 5%, but manufacturing and tech firms have recently started laying off employees.
|
|
There have been reports of some companies either laying off workers or planning to as a result of the import tariffs.
|
|
In addition to not laying off any employees since "well, before the recession," Snap-On has been giving 3% annual raises.
|
|
Snapchat parent Snap Inc is laying off nearly 10% of its engineering team, or about 100 people, CNBC reported on Wednesday.
|
|
In February, Tesla announced that it was closing most of its stores and laying off some sales staff to save money.
|
|
Lowe's, which is among the top 10 holdings in XLY, announced last week that it was laying off thousands of workers.
|
|
And it would be a challenge to improve the performance of Commerzbank by closing branches and laying off thousands of cashiers.
|
|
The company has announced that it is laying off 173 employees, and it is closing offices in San Francisco and London.
|
|
Higher inventories of unsold cars forced some automakers to curtail production at times, laying off American workers temporarily or even permanently.
|
|
Eversource is hardly the only US entity that has been accused of laying off Americans in favor of cheaper Indian labor.
|
|
Ford said it is laying off 130 workers and cutting production of its medium-duty pickup trucks in Avon Lake, Ohio.
|
|
These privileges carry with them political duties, including an obligation to help maintain social stability by refraining from laying off workers.
|
|
Conde Nast is laying off off staffers and reportedly shuttering print editions of some of its flagship publications, like Teen Vogue.
|
|
Intel is laying off 12,000 employees globally, or about 11 percent of its workforce, the company said in a statement today.
|
|
Company executives announced that they'd be laying off a notable number of employees and temporarily pausing any expansions into new territories.
|
|
On Intel's Tuesday earnings call, CEO Brian Krzanich explained why the company is restructuring, including laying off up to 12,000 employees.
|
|
The troubled poop-testing startup uBiome has paused running its last remaining test after laying off crucial laboratory personnel on Wednesday.
|
|
Oil sands companies have been laying off workers as projects are completed, but no major oil sands projects have shut down.
|
|
Clinton has been hiring campaign workers, Mr. Sanders started laying off at least half of his campaign staff members last week.
|
|
Broadcom (AVGO) is laying off 1,100 workers in a move to cut costs after its November purchase of rival chipmaker Brocade.
|
|
Some have already instituted hiring freezes and are examining scaling back services, laying off staff, reducing hours of operation and more.
|
|
The company said it was laying off 1,500 manufacturing workers in Taiwan, its home country, in an effort to "realign" resources.
|
|
Companies have begun laying off staff members because they can no longer import the raw materials needed to make their products.
|
|
New York (CNN Business)SpaceX is laying off 10% of its 6,000-person workforce as it tackles two hugely expensive projects.
|
|
The staff cuts are in addition to the laying off earlier this year of around 100 staff, mostly expatriates, Pairoj said.
|
|
Finally, after years of this back and forth of ever-changing regulation, the mine closed permanently, laying off hundreds of people.
|
|
The meeting followed WeWork's announcement on Thursday that it was laying off 2,400 employees, or about 19% of its total workforce.
|
|
Once a production hub for Mitsubishi's Outlander Sport SUV model, the plant ended vehicle production in November, laying off 1,000 workers.
|
|
There have been reports of some companies either laying off workers or planning to as a result of the import duties.
|
|
And just last week, the video game giant Electronic Arts announced that it was laying off 350 people across the globe.
|
|
Hudson's Bay has been closing stores and laying off workers in an effort to cut costs and expand its digital business.
|
|
The same NRA survey found that three million jobs had already been lost, with some major chains already laying off workers.
|
|
Genealogy giant Ancestry is laying off about 6% of its 1,700-person workforce, citing a slowdown in the genetic testing market.
|
|
WeWork layoffs: The struggling office space company confirmed that it was laying off 2,400 employees — 20 percent of its work force.
|
|
The retailer is laying off up to 423 employees in its headquarters this year and will do the same next year.
|
|
The firm has long advocated business strategies like raising executive compensation, moving labor offshore and laying off workers to cut costs.
|
|
A South Carolina television maker says it's laying off 126 workers because of President Donald Trump's tariffs on imports from China.
|
|
By fouling off tough pitches and laying off balls, Gonzalez said, he has seen more pitches in the zone to drive.
|
|
GM TEMPORARILY LAYING OFF 415 WORKERS IN MEXICO AT RAMOS ARIZPE AFTER IT IDLES V8 ENGINE LINE, CVT TRANSMISSION LINE -STATEMENT
|
|
Amazon partner Pinnacle Logistics is laying off more than 1,600 workers based at Baltimore-Washington International airport, Business Insider has learned.
|
|
The South American delivery service Rappi and the San Francisco car-sharing start-up Getaround said they were laying off employees.
|
|
Even if businesses aren't laying off workers, many people may not be getting paid as much or at all right now.
|
|
And Juul announced it was laying off 650 people last November as the company pushed to cut costs by $1 billion.
|
|
DNA-testing giant 23andMe is laying off about 14% of its staff, the latest sign of a slump in the business.
|
|
The company temporarily halted its vehicle test program and shut down its self-driving operations in Arizona, laying off 300 workers.
|
|
Juul is laying off staff, WeWork is still losing an ocean of dollars and Line is partnering up with Yahoo Japan.
|
|
The office-sharing start-up is laying off 2,400 employees as it tries to cut costs and right-size the business.
|
|
ESPN President John Skipper announced in a Wednesday memo to employees that the sports network would be laying off 28503 people.
|
|
Even SpaceX, Elon Musk's private space travel company, recently announced it was laying off around 10 percent of its work force.
|
|
One analyst on the call Tuesday asked why the company hadn't considered drastic cost-cutting measures, such as laying off employees.
|
|
HuffPost started laying off employees on Thursday following the news that its parent Verizon Media Group would slash staff by 7%.
|
|
Outreach groups are responding to the cuts by laying off staff and scaling back the geographic areas where they provide assistance.
|
|
Wayfair confirmed to Business Insider on Thursday that it was laying off 3% of its global workforce, or more than 500 employees.
|
|
Once high-flying and now somewhat not as high-flying scooter startup Bird announced that it was laying off around 201.4 employees.
|
|
I MEAN, IN THE 2020 REPORT, YOU INDICATED YOU WOULD BE LAYING OFF PEOPLE AS WELL AT THE SAME TIME YOU'RE INVESTING.
|
|
Mandy shows no signs of laying off the beauty experimentation — and, true to form, her latest look is still one to watch.
|
|
At the same time, Andersson was laying off staff at Avtovaz itself, a process that accelerated as sales of Lada cars plummeted.
|
|
Intel has been criticized in conservative publications such as Breitbart, for laying off thousands of staffers, despite an influx of visa requests.
|
|
The cuts started in early April, shortly after the startup announced it was laying off 2000 percent of its workforce in China.
|
|
This is also a massive win for Teespring, which only a few years ago was restructuring its business and laying off staff.
|
|
Sen. Kamala Harris' presidential campaign announced Wednesday that the campaign would be laying off staff and literally betting the farm on Iowa.
|
|
BuzzFeed is laying off about 100 employees in the US and restructuring its advertising sales operation amid a tough digital media market.
|
|
Tesla also announced in February that it was closing most of its stores and laying off some sales staff to save money.
|
|
Medium is announcing Series two months after laying off a third of its staff amid a search for a new business model.
|
|
Snap is laying off around 100 employees that are part of its engineering staff, according to multiple reports from CNBC and Cheddar.
|
|
Medium has closed pretty much all its publications, and recently moved toward a subscription model after laying off some of its staff.
|
|
Large grocery chain Whole Foods Market went through the economic crisis of the late 2000s laying off fewer than one hundred people.
|
|
The automaker is permanently laying off 2,000 workers and cutting third-shift production at assembly plants in Lordstown, Ohio, and Lansing, Michigan.
|
|
Kreiz had targeted $650 million in cost reductions from actions such as laying off 2,200 workers and shuttering its New York office.
|
|
But the restructuring has already come at a huge cost—Intel is laying off 12,000 employees, or 11 percent of its workforce.
|
|
Despite laying off 15 percent of its staff in February, Yahoo has insisted that it is still investing in its media properties.
|
|
But now those low prices are forcing US drillers to cut back, laying off thousands of workers and idling their drilling rigs.
|
|
Mayer announced during four-quarter earnings that the company will be laying off around 1,700 people, or 15% of its overall workforce.
|
|
HSBC, which makes most of its profits in Asia, said in August it would be laying off about 4,000 people this year.
|
|
So far, he's had to shutter his Georgia factory, laying off 80 people, and cut about 10% of his workforce in Indiana.
|
|
And numerous cryptocurrency projects, even well-funded ones like ConsenSys and Bitmain, are laying off staff due to the cryptocurrency market's decline.
|
|
Even so, MacFarlane announced in a letter last March that the company would be laying off employees, mentioning Amazon/Alexa by name.
|
|
In attempt to cut costs, Twitter announced Thursday plans to restructure the company, which involved laying off nine percent of the workforce.
|
|
It is doing so while enduring criticism from President Trump for building vehicles in Mexico and for laying off workers at home.
|
|
She also announced that her campaign would be laying off dozens of staffers at her Baltimore headquarters and redeploying others to Iowa.
|
|
Another much-contested provision would specify in a detailed manner the economic criteria for laying off workers in times of financial hardship.
|
|
That would likely mean shutting down branches, laying off workers or liquidating inventory just to be able to pay a tax bill.
|
|
Temps make it easier to downsize because companies can just start using less of them instead of laying off full-time employees.
|
|
Controversially, he just took over Sports Illustrated's operation, laying off staff and announcing plans to use contractors to help feed the site.
|
|
The changing times have caused some businesses to fall victim to the retail apocalypse, shuttering stores and laying off thousands of workers.
|
|
Dianrong was shutting down 60 of its 90 offline stores and laying off an estimated 2,000 employees, Reuters reported earlier this month.
|
|
WeWork started laying off US employees this week as part of a broader plan to right the company after a tumultuous fall.
|
|
Bank of America (BAC) is laying off more workers in its operations and technology unit, in a continuing effort to cut costs.
|
|
What went wrong: Flow Kana, a California cannabis distributor, announced it was laying off 20% of its workforce on Thursday, November 14.
|
|
It has had some recent financial issues, laying off 17 staff members three years ago, but its books show no deficit now.
|
|
However, it could make problems more pernicious as the companies are putting off hard choices like laying off employees or closing operations.
|
|
Magna International Inc is also laying off about 120 people at its Lordstown Seating Systems plant that makes seats for GM vehicles.
|
|
In the 21st century, automation is laying off assembly line workers, and turning vehicles into robots with enormous consequences for major industries.
|
|
The refinery suffered a massive fire last month that prompted owners to seek shutting the plant and laying off about 1,000 people.
|
|
WeWork is laying off 2,400 employees as it works to cut costs and right-size the business, the company confirmed to CNBC.
|
|
Now he faces a new controversy involving N.D.A.s, after closing up shop on his campaign and laying off much of its staff.
|
|
Restaurants, hotels, and other companies across the US are laying off workers or severely cutting hours as the coronavirus pandemic cripples business.
|
|
Companies across the US are laying off workers as entire industries are crippled because of the coronavirus pandemic, from airlines to restaurants.
|
|
So at the same time you're laying off a bunch of rank and file employees, you're awarding yourself (millions in bonus pay).
|
|
Charles Schwab is laying off 600 workers in response to a slowing economy and pressure from slumping interest rates, the company said.
|
|
BuzzFeed is laying off about 100 employees — about 6 percent of its workforce — after it failed to hit its 2017 revenue targets.
|
|
Three and a half months later, theaters in Pakistan are almost empty again and their owners are now considering laying off employees.
|
|
It's been compounded by an online media industry that's too busy laying off existing reporters to spend much time expanding local reporting.
|
|
A day later, his campaign announced that it was laying off hundreds of staff and zeroing in on winning delegate-rich California.
|
|
" He said he's looking for policy that will make sure those companies "will not have to close and therefore laying off people.
|
|
The company said it plans on laying off 2628,28500 employees, roughly one-sixth of the airline's 6900,2628 employees, according to the report.
|
|
Listed companies in Australia and New Zealand have laid off or are considering laying off at least 106,955 people, temporarily or permanently.
|
|
To cut its debt by 22018%, Reader's Digest began laying off its U.S. staff, selling off assets and rapidly extinguishing employee perks.
|
|
As travelers and event-goers stay home during the coronavirus pandemic, companies are taking a hit and some are laying off employees.
|
|
It is doing so while enduring criticism from President Trump for building vehicles in Mexico and for laying off workers at home.
|
|
Shutterfly, a company that prints photos onto albums and gifts, is laying off 153 people at its headquarters in Redwood City, California.
|
|
Shutterfly, a company that sells custom photo albums and greeting cards, is laying off about 150 people at its Redwood City, Calif.
|
|
The Lordstown plant, in particular, has been laying off workers since 85033 as the company shifts away from the SUV produced there.
|
|
HSBC, which makes most of its profits in Asia, said in August it would be laying off about 4,000 people this year.
|
|
HQ, which made the once-popular HQ Trivia app, is shutting down and laying off its 25 employees, according to CNN Business.
|
|
Sold as a sure path to bolstering U.S. manufacturing, instead we are seeing companies like U.S. Steel laying off hundreds of workers.
|
|
GM SAYS PARTS SHORTAGE FROM ONGOING U.S. STRIKE FORCES IT TO IDLE PICKUP, TRANSMISSION PLANTS IN MEXICO, TEMPORARILY LAYING OFF 6,000 WORKERS
|
|
GMA has kept up its spending even as its members are cutting costs and laying off workers to meet their quarterly targets.
|
|
Having rescued Renault, Ghosn set about cutting costs and laying off workers at Nissan, which Japanese executives had been reluctant to do.
|
|
WeWork reportedly delayed laying off staffers because it couldn't afford to pay severance, prior to accepting a massive bailout from SoftBank (SFTBF).
|
|
Some will be forced into bankruptcy or liquidation, laying off workers and placing additional fiscal pressures on federal, state and local governments.
|
|
The lackluster reception to the first-generation Focals also involved slashing the price from $999 to $600 and laying off 150 employees.
|
|
But it hasn't all been good news: Tesla announced it was laying off about 7% of its full-time workers in January.
|
|
Silicon Valley, the entrepreneurs, the investors, they focused a lot on new technologies and maybe weren't so concerned about laying off workers.
|
|
She took major cost-cutting steps by getting rid of money-losing assets and laying off around 85,000 employees during her tenure.
|
|
With companies laying off workers and supply chains from the car industry to smartphones disrupted, China's economy is taking a big hit.
|
|
It's been decried for paying millions of dollars to contractors and close associates of the organization while laying off dozens of employees.
|
|
In April, analysts at IHS Markit warned that the manufacturing sector was "clearly in deep recession" and companies had begun laying off workers.
|
|
Verizon Media Group — formerly known as Oath — is laying off 7 percent of its workforce, a person familiar with the change told CNBC.
|
|
These mills might be losing money, but the Chinese government is keeping them open to avoid laying off hundreds of thousands of workers.
|
|
GoPro is in the process of laying off around 200-300 employees this week, TechCrunch has learned from sources close to the company.
|
|
The San Francisco–based company said Tuesday that, under a reorganization, it will be laying off staffers in some departments and consolidating others.
|
|
Wayfair confirmed to Business Insider on Thursday that it would be laying off more than 500 employees, or 3% of its global workforce.
|
|
Still, at the end of last November, the company announced it was shuttering its entertainment division and laying off 200 full-time employees.
|
|
SpaceX is laying off more than 600 people — about 10% of its workforce, the Los Angeles Times first reported and Axios has confirmed.
|
|
French drone maker Parrot said today it would be laying off a third of employees, or about 290 people, in its drone division.
|
|
In less positive signs for Redmond's AR vision, by the end of the year it was laying off Hololens staff without explaining why.
|
|
The company stock price has tumbled, and last week it announced that it was laying off 12,000 employees in its power business worldwide.
|
|
Are we planning to go to the employees we are laying off at Barron's next week and offer them 1x the standard package.
|
|
The price drop was so damaging to solar customers, SolarCity decided to pull out of Nevada, laying off 550 workers in the process.
|
|
After Dealy spoke with Reuters, Pioneer announced it was laying off a quarter of its workforce, or 230 employees, to save $100 million.
|
|
Altria Group, America's biggest tobacco company and makers of the iconic Marlboro brand, is laying off workers to save $300 million per year.
|
|
The company underwent a massive contraction shuttering its flagship store and laying off 100 employees, a massive chunk of the company's overall staff.
|
|
This February, the company announced that it would be laying off one-third of its staff, leaving the current number at around 33.
|
|
Just yesterday it was reported that the fourth-place carrier would be laying off 2,500 employees — mostly from its customer service call centers.
|
|
Just a month before, its rival Snapdeal announced that it was laying off up to 600 employees due to over-expansion and diversification.
|
|
Instead of cutting costs by laying off staff, Mr. Grove demanded that Intel employees work an extra two hours a day — for free.
|
|
In West Virginia, the Ogden Newspaper chain is seeing its costs increase exponentially, leading them to consider cutting days and laying off employees.
|
|
At the same time, news organizations are laying off scores of hard-working journalists, those we rely on to set the record straight.
|
|
Chinese consumers are tightening their belts as seen in lower automotive sales and factories laying off workers as orders begin to dry up.
|
|
Even the aluminum smelter in my state was forced to idle at the end of 2015 after laying off more than 21625 workers.
|
|
Pierluisi told lawmakers he is against several austerity measures demanded by the board, including laying off public employees and eliminating a Christmas bonus.
|
|
While Theranos is fighting the lawsuit brought by banker Robert Colman, the company's founder Elizabeth Holmes is laying off the remaining Theranos workforce.
|
|
In 2017 he sued the apartment block&aposs owner, 3-10 Grosvenor Crescent Management Ltd, for laying off concierge staff in April 2015.
|
|
A retailer thus pockets $14 more from laying off a worker in 2018 than in 2017, a jump of more than 20 percent.
|
|
WeWork is laying off thousands of its employees, just months after its embattled former CEO and co-founder walked away with $1.7 billion.
|
|
Laying off so many workers and pauperizing pensioners sharply reduced demand, which triggered further lay-offs and wage cuts in the private sector.
|
|
The Wall Street Journal is laying off employees at international bureaus in Europe and Asia, a union representative told Bloomberg News on Tuesday.
|
|
Less than a week after Sears announced another round of store closures, the company is laying off hundreds of corporate workers, Hayley reports.
|
|
The letter says that laying off the WorkOps team would be a breach of trust between Pivotal and its new owners at VMware.
|
|
Bank of America – The bank is laying off more workers in its operations and technology unit, in a continuing effort to cut costs.
|
|
Tech giant Cisco is laying off some 6900,2628 employees, the latest in a series of major staff cuts over the last several years.
|
|
According to a list compiled by Forbes, Circuit of the Americas and Cirque du Soleil are among the entertainment companies laying off workers.
|
|
Cfius described Broadcom's approach to acquisitions as akin to private equity, shorthand for reducing research spending and laying off workers to bolster profitability.
|
|
Morin told Recode that her company was not shutting down, but confirmed that it was laying off a large number of her staff.
|
|
Restructuring the economy would also entail unpopular measures such as laying off workers at state-protected firms in the oil and gas sectors.
|
|
And to compete with Amazon and meet those profit expectations, many retailers and manufacturers are laying off workers, closing stores and shedding factories.
|
|
Under its chairman, Mr. Lampert, the company has been selling off many of its most valuable stores and laying off thousands of workers.
|
|
Marriott International, the hotel operator, said it would furlough tens of thousands of employees worldwide, and small businesses are laying off workers outright.
|
|
The coronavirus demand crunch has taken another bite: Palo Alto-based corporate travel-focused unicorn TripActions has confirmed laying off hundreds of staff.
|
|
If you're expecting a return, it could come at a life-saving moment when various industries are cutting hours or laying off employees.
|
|
Tech and culture festival SXSW is laying off a third of its employees just days after the coronavirus outbreak forced it to cancel.
|
|
Out of a desire to show some profits, Tesla said on Tuesday it was laying off around 9 percent of its work force.
|
|
Tom Johnson, the managing partner of the group, told The Washington Post they would be shutting down several restaurants and laying off staff.
|
|
Companies facing grave debt burdens may be forced to cut costs, laying off workers and scrapping investments, as they seek to avoid default.
|
|
In 1998, Apple gutted Claris and renamed it FileMaker, laying off around 300 employees and bringing most of its software back in-house.
|
|
In February, the company announced it was laying off 8% of its workforce and restructuring the business to focus on its flagship games.
|
|
Days after laying off 20% of its workforce, Brookfield-backed Convene furloughed more than half of its remaining employees due to coronavirus closures.
|
|
Companies around the world are laying off workers as demand in industries from travel to events decline sharply because of the coronavirus pandemic.
|
|
The news comes just months after U.S. Steel announced it would be laying off 2628 workers at the same mill, Great Lakes Works.
|
|
And after laying off thousands of people over the last four years, it announced more job cuts in the second week of August.
|
|
But Medium announced in January that it would be laying off 50 employees, a third of its staff, and changing its business model.
|
|
Indeed, Detroit's automakers are already temporarily idling factories and laying off thousands of workers as demand slows for their sedans and luxury cars.
|
|
On the same day, Walmart, with far less fanfare, also announced it would close dozens of Sam's Club wholesale stores, laying off thousands.
|
|
These firms will face the most burdensome taxes when they increase hiring and will gain the greatest cost savings by laying off workers.
|
|
In March 2019, the company said it was laying off 25% of its workforce, or about 140 employees, as part of a restructuring.
|
|
Kroger is laying off hundreds of employees across the family of grocery stores it owns, a person familiar with the situation tells CNBC.
|
|
Later on Thursday, it was revealed that Walmart would be closing 63 Sam's Clubs locations and would be laying off thousands of employees.
|
|
New York (CNN Business)Boeing's largest supplier is laying off a significant number of its employees because of the 737 Max production suspension.
|
|
The company said it would be laying off four temporary workers because of the slowdown, according to the Associated Press and Mid-Continent.
|
|
"I see him laying off some breaking balls, that last year he would swing at, particularly the ones down," manager John Gibbons said.
|
|
For example, transportation firms and warehouses are hiring, but not as quickly as bricks-and-mortar stores are laying off workers, he said.
|
|
In September, The Information reported that executives considered laying off as much as one-third of the company's workforce, or around 5,000 employees.
|
|
If congestion pricing fails in Albany this year, the authority could face difficult choices, from a major fare increase to laying off workers.
|
|
The news comes just months after U.S. Steel announced it would be laying off 6900 workers at the same mill, Great Lakes Works.
|
|
When I hear from tool manufacturers in the state of Michigan who are laying off their workers right now because of high steel prices.
|
|
ESPN may have slashed some of its expenses by laying off a chunk of its staff, but its costs are projected to continue rising.
|
|
N is laying off the majority of its unionized workforce on Tuesday and Wednesday, the union's president said, ahead of an initial layoff deadline.
|
|
Ohio taxpayers rescued GM, and it's shameful that the company is now abandoning the Mahoning Valley and laying off workers right before the holidays.
|
|
On Wednesday, Uber announced it was shutting down its operation in Tempe entirely, and laying off around 300 trained vehicle operators and other employees.
|
|
Yik Yak crashed and burned after raising $73.5 million… then laying off most of its employees as users ditched its anonymous message board app.
|
|
That means laying off all color for weeks before, avoiding hot tools, and masking regularly to get your hair as healthy as you can.
|
|
But the company struggled to become profitable, and in October last year the company continued cutting jobs (at that time laying off 45 people).
|
|
The company filed for bankruptcy protection in February, closing nine of its plants in Brazil and laying off workers, as its liquidity situation deteriorated.
|
|
The drop is just the latest sign of trouble for the company, which began the year by laying off six percent of its workforce.
|
|
Micro-mobility instability: Ofo has run into its fair share of issues, laying off hundreds of workers, shutting down its international division and more.
|
|
To start, Kreiz has worked to cut $20193 million in costs, a combination of laying off 2,200 workers and shuttering its New York office.
|
|
To start, Kreiz has worked to cut $650 million in costs, a combination of laying off 2,200 workers and shuttering its New York office.
|
|
Subsequently, I found myself laying off the brake and drifting perilously close to vehicles, all with the goal of keeping my discount percentage up.
|
|
Zenefits, which just earlier this week announced Jay Fulcher as its new CEO, is laying off 45% of its workforce, BuzzFeed reported earlier today.
|
|
The struggling company had stopped getting orders and, rather than deal with the headache of laying off its employees, it simply stopped paying them.
|
|
Nigeria's 21 banks have been laying off staff, closing branches and slashing earnings forecasts, but some are unlikely to survive the storm, analysts say.
|
|
At the same time that GM is laying off thousands of U.S. workers and planning to shutter five North American factories, Flint is hiring.
|
|
Vox Media is laying off roughly 50 staffers, mostly across the social and video teams of a few brands like Racked, Curbed, SB Nation.
|
|
The banks took over the company, laying off employees and selling most of the assets, actions that made no sense economically, the couple said.
|
|
The company has closed more than 85033 call centers since 2011, eliminating more than 16,000 call-center jobs and laying off thousands of workers.
|
|
Unlike Q4 of last year, the company didn't use the opportunity to announce that it would be laying off six percent of its staff.
|
|
Back then, his theme was the laying off of workers at General Motors, and, specifically, the dark deeds of the G.M. chairman, Roger Smith.
|
|
Meanwhile, fiscal 2019 was a rough one for Oracle's workforce, with employees reporting that the company spent months laying off thousands of workers worldwide.
|
|
Most industries added to payrolls during April, although brick-and-mortar retailers continue to struggle with the online onslaught and are laying off workers.
|
|
In effect, it is just another way for troubled Chinese companies to put off making hard choices, like laying off employees or closing operations.
|
|
When we think of automation—specifically replacing workers with robots—our reaction is worry about the social burden of laying off thousands of workers.
|
|
It tried, and failed, to develop a search technology to compete with Google and by 2008 was struggling, laying off large numbers of employees.
|
|
WeWork has delayed laying off thousands of workers because it doesn't have enough cash to pay them severance, The Wall Street Journal reported Monday.
|
|
Earlier on CNBC, famed restaurateur Danny Meyer echoed Herjavec's concerns, just days after laying off around 2,000 of his Union Square Hospitality Group workers.
|
|
And it did this in the midst of laying off its eight temporary customer service employees (Everlane said it made the decision weeks beforehand).
|
|
Yahoo announced that it was laying off 1,63 workers and focusing on its most successful products — including its search engine and popular email service.
|
|
Airlines have suffered badly with Norwegian Air laying off staff and cutting thousands of flights and Britain's Flybe forced to throw in the towel.
|
|
Atrium had attempted a pivot back in January, laying off its in-house lawyers to become a more pure software startup with better margins.
|
|
The number of Americans who applied for unemployment benefits soared last week as businesses shuttered because of the coronavirus pandemic began laying off workers.
|
|
The outbreak, which is expected to pile more pressure on the country's economy, has resulted in companies laying off workers and seek cheaper funding.
|
|
Walmart is laying off more than half of employees at an e-commerce office in New York City, the company confirmed to Business Insider.
|
|
First, the new tax law actually means that corporations could pocket more savings by laying off workers in 22018 than they could in 2017.
|
|
The big picture: Large newspaper chains, facing economic strife, are consolidating and laying off thousands of journalists as an effort to stay in business.
|
|
That month, the parent of Sears and Kmart disclosed it is laying off 250 employees as it plans to close upward of 80 stores.
|
|
It also slashed operating costs by 7 percent to 549 million euros, mainly by laying off staff and closing branches in Portugal and abroad.
|
|
Home DNA-testing company 700andMe is laying off about 100 people, or 14% of its staff, on Thursday, in the wake of declining sales.
|
|
The Seattle Times first reported that Amazon was laying off "hundreds" of employees and "managing out" others as the company consolidates its retail operations.
|
|
But that play would turn out to be short-lived — we reported that WeWork is shutting Spacious down and laying off its 20203 workers.
|
|
U.S. officials say the suggested decrease would likely require laying off employees, including security contractors at diplomatic facilities overseas, The Associated Press said Tuesday.
|
|
The deal comes as Verizon has recently scaled back its media ambitions, with Verizon Media Group laying off 7% of its workforce in January.
|
|
In October, Victoria's Secret announced that it was laying off about 15 percent of its employees, about 50 people, in its Columbus, Ohio, headquarters.
|
|
The laying off of nearly 95 employees comes as the Toronto-based company expects to complete its purchase of Randgold Resources Ltd on Jan.
|
|
"You saw real issues with taxpayers piling money into stadiums for billionaire owners while simultaneously laying off teachers, firefighters, and police officers," he said.
|
|
Though he liked being a manager, declining profits meant that he was continually laying off workers, a process that was taking a psychological toll.
|
|
Mr. Knight is especially aggrieved by government subsidies to the company in the name of job creation; he will be laying off 40 employees.
|
|
The president is largely laying off senators with difficult calculations to make in the coming months, declining to lobby the likes of GOP Sens.
|
|
Now that's over: CEO Satya Nadella is shuttering the company's consumer phone unit, laying off nearly 2,000 people and taking a $950 million charge.
|
|
Photo: GettyGoPro is reportedly laying off 200 to 300 employees this week, according to TechCrunch, gutting the division that produced its ill-conceived Karma drone.
|
|
"This is a pathetic vanity project, and Howard Schultz better start laying off the espresso," Robert Zimmerman, a leading party bundler, told CNBC on Monday.
|
|
In fact, the corporation has saved so much money by laying off all its cashiers that it is almost morally necessary to steal from them.
|
|
Didi reportedly lost $1.6 billion last year — that's more than Uber — and it reshuffled the organization by laying off 153 percent of its staff recently.
|
|
This is the second reported round of layoffs this month, with the company laying off around 100 people from the engineering department in early March.
|
|
This news comes after the crypto mining giant confirmed it had shuttered its Israeli development center, Bitmaintech Israel, laying off 213 employees in the process.
|
|
A company that services Amazon's Prime Air fleet is laying off nearly 3,000 workers in Illinois and Maryland as Amazon shifts more jobs in-house.
|
|
And the job losses have already begun, with several US businesses announcing they are laying off workers as a result of the Trump administration's tariffs.
|
|
GoPro is laying off 200–300 employees this week, mostly from the part of the company that works on the Karma drone, according to TechCrunch.
|
|
Most of Yahoo's top journalists, such as Katie Couric, come from old media, and Yahoo has been laying off many of the journalists it employs.
|
|
Pershing Square Capital Management is laying off eight lower-level employees, largely from back-office roles in technology and investor services, sources told Dow Jones.
|
|
After a strong finish to 2018, Tesla starts the year by laying off more than 3,000 full-time workers, about 7 percent of its staff.
|
|
Growing trend: Yesterday, Axios reported that Carrier was laying off more than 600 employees from the same plant Trump vowed to keep on American soil.
|
|
The company has confirmed to The Verge that it is laying off "a small number" of employees in its Waterloo headquarters and in Sunrise, Florida.
|
|
You've got to credit their guys for laying off and making me come over the plate, but I felt good from right off the bat.
|
|
Late last month, ESPN announced it was laying off 100 people, including TV reporters, as it tries to evolve its content for a multiplatform audience.
|
|
CEO Brit Morin told Recode that her company was not shutting down, but confirmed that it was laying off a large number of her staff.
|
|
The company wants to retain as many executives as it can, but Sears is laying off employees who staffed hundreds of stores it is closing.
|
|
Since Uber went public in May, Mr. Khosrowshahi has embarked on a belt-tightening campaign, laying off more than 1,000 workers and cutting other costs.
|
|
McDonald's is slimming down its corporate structure and laying off workers in an effort to reduce expenses by $500 million by the end of 2019.
|
|
Broadcom – Broadcom is laying off 1,100 workers across various businesses in a move to cut costs after its purchase of rival chipmaker Brocade last November.
|
|
UBS Investment Bank is reportedly considering laying off hundreds of employees, as its heads consider how to deal with a rough first half of 2019.
|
|
But aside from learning your lesson and drinking in moderation next time, or laying off booze completely, how do you handle the misery right now?
|
|
Bank of America has begun laying off employees in its operations and technology division, part of the second-largest U.S. bank's plan to cut costs.
|
|
Instead of cutting costs by laying off staff, Mr. Grove demanded that Intel employees work an extra two hours a day — for no extra pay.
|
|
The fire prompted owners to begin shutting the 335,000-barrel-per-day plant and laying off about 1,000 people, including more than 600 union members.
|
|
Zhu Rongji takes over as premier, reforming lumbering state-owned enterprises and laying off millions, cracking down on smuggling and revamping the health care system.
|
|
Dorsey opened his tenure by laying off 8% of the company, and throughout his time as CEO, has seen Twitter's value cut nearly in half.
|
|
Even bigger papers are taking a hit, with companies like the Tampa Bay Times laying off roughly 50 people as a result of the tariffs.
|
|
But then, in October, it announced it was laying off 203 staffers and that its CFO, hired at the start of the year, was leaving.
|
|
Separately, Bloomberg reports that Boeing is considering cutting its dividend and laying off workers, as it deals with the disruption caused by the coronavirus outbreak.
|
|
General Electric — GE's stock 6.3% after the company announced its aviation unit would be laying off about 10% of its workforce, or about 2,600 employees.
|
|
Facing $25 oil prices and a stock price that has been cut in half, America's second-largest oil company is also considering laying off workers.
|
|
Across the world, local news organizations in particular have been hard hit, with some shutting down their print editions, furloughing and even laying off staff.
|
|
Later that year, Theranos announced it was closing its lab and laying off about 340 employees, or more than 40 percent of its work force.
|
|
As businesses respond to the current situation by either laying off workers or cutting hours and wages, low income families are the most economically insecure.
|
|
Companies are laying off workers as they cut back or close, meaning "a deep recession is inevitable," the ECB chief between 2011 and 2019 said.
|
|
New York (CNN Business)US Steel is temporarily laying off about 200 workers from a Michigan plant as the steel-making industry continues to falter.
|
|
The company notified the state of Michigan earlier this month that it would be laying off employees at its Great Lakes Works factory near Detroit.
|
|
On Tuesday, US Steel said it was temporarily laying off 200 steelworkers in Michigan amid slowing demand in Europe and in the US manufacturing industry.
|
|
Cirque du Soleil announced it is laying off 95% of its 4,679 person staff on March 19, a week after canceling all its upcoming performances.
|
|
LOS ANGELES — Los Angeles's Museum of Contemporary Art announced on Tuesday morning that it would be laying off all 97 of its part-time employees.
|
|
The story was detailed, and it ended with a grim description of laying off his entire crew soon after the raid of the Ahsanis' homes.
|
|
If WeWork winds up laying off thousands of employees and heads toward bankruptcy as some analysts speculate, it may be because delusion finally runs dry.
|
|
A number of districts also reported that manufacturers have "reduced headcount because orders were soft," while others are cutting hours rather than laying off workers.
|
|
The ad holding company WPP is closing its digital agency iStrategyLabs and specialty division JWT Inside, laying off nearly all of their roughly 60 employees.
|
|
But if executives see a threat beyond the first three months of the year, they may pare planned investments and even start laying off workers.
|
|
GM last week idled a plant in Mexico that produces its highly profitable Chevrolet Silverado and GMC Sierra 1500 pickups, temporarily laying off 6,000 workers.
|
|
It is in the process of laying off 12,500 employees globally, and has found itself at odds with its alliance partner, the French automaker Renault.
|
|
This push for tax subsidies comes at a time when GM is closing five plants in North America and laying off more than 14,000 workers.
|
|
Lime is hoping to achieve profitability this year by laying off about 2.43% of its workforce and ceasing operations in 12 markets, Axios first reported.
|
|
Amazon is laying off employees in the "low hundreds" an in effort to shift head count allocation to businesses that are growing, CNBC has learned.
|
|
WeWork is shuttering its coworking subsidiary Spacious and laying off all the startup&aposs approximately 50 employees, the company confirmed to Business Insider on Thursday.
|
|
Goolsbee pointed out that higher prices on steel and aluminum could lead some companies to cost-cutting measures, including laying off workers and increasing automation.
|
|
Now, 10 years later, Sears is emerging from a traumatic bout with bankruptcy, closing stores by the hundreds and laying off employees by the thousands.
|
|
On the same day that the museum made its announcement, BuzzFeed began the process of laying off hundreds of staffers, including several high-profile reporters.
|
|
"What is even more devastating is that many of these individuals are actually looking at closing their businesses or laying off American workers," she said.
|
|
EA has confirmed that it's laying off 350 of its 9,000 employees globally in a round of redundancies focused mainly on its marketing and publishing departments.
|
|
The computer industry followed energy as one of the biggest 2016 job cutters, laying off 66,821 workers during the year, up over 7 percent since 2015.
|
|
It needs all the subscribers it can get after pivoting away from ads and laying off 50 employees, as well as shuttering two offices in 2017.
|
|
Maker Media, the company that publishes Make Magazine and Maker Faire is laying off its staff and halting its operations amidst financial troubles, according to TechCrunch.
|
|
But despite laying off teachers and closing schools, Espírito Santo jumped from 9th place to 1st on a nationwide secondary school exam between 2013 and 2017.
|
|
Ancestry, the largest seller of at-home DNA tests for health and genealogy reports, is laying off about 183 people, approximately 6% of its total workforce.
|
|
IBM said Thursday that it's laying off a small percentage of employees, confirming reports that appeared earlier in the day on TheLayoff, an online message board.
|
|
It's also faced some speed bumps, discontinuing its fruit bites product from shelves last year, and laying off 15% of its sales and field marketing staff.
|
|
Today, TechCrunch reports that despite a positive earnings report, the company is laying off about 9% of its employees across its marketing, sales, and partnerships departments.
|
|
At the next earnings call in February, the company announced it was laying off 400 employees, which accounted for almost 5 percent of the worldwide workforce.
|
|
Nearly all respondents to a survey by the Korean Federation of Micro Enterprise said they would consider laying off workers to cope with higher wage bills.
|
|
The company also expects to incur charges of about $30 million-$40 million in the current quarter, related to exiting some markets and laying off workers.
|
|
Uber, in an attempt to slash costs and make operations more efficient, recently announced it was laying off one-third of its 1,200-person marketing department.
|
|
Anki, a heavily funded consumer robotics startup is shutting down and laying off its entire staff after failing to raise additional capital, Recode reported on Monday.
|
|
Why it matters: Carmakers are tearing apart their traditional businesses — exiting underperforming markets, closing factories and laying off workers — while diverting investment into future mobility technologies.
|
|
After laying off another 100 staffers, Holmes told investors last month that the company faces liquidation and may have to shut down as soon as July.
|
|
CurrentC, the retailer-backed mobile payments app that was supposed to take down Apple Pay, is being delayed, and its creator is laying off 30 employees.
|
|
Reports surfaced a few months ago that the company would be laying off some human resources staff as it prepared for slowed hiring in some departments.
|
|
Aeropostale announced that they would be laying off 100 corporate employees in Q4 as part of an effort to lower expenses by $40 million a year.
|
|
Etsy, which reported a net loss of $29 million last year, this month said it is laying off 80 people, roughly 8 percent of its workforce.
|
|
One option being considered by Orange Polska is laying off more than half of its employees in three years, Polish daily Rzeczpospolita reported earlier this month.
|
|
If you've been laying off the Pokémon GO for a while due to a lack of new monsters, prepare to be glued to your phone again.
|
|
Meal kit makers Blue Apron announced in an SEC filing on Wednesday that the company is laying off 6% of its employees, or approximately 300 people.
|
|
"There will be certain overlapping functions, but it is not like the whole business case is built on laying off a lot of people," he said.
|
|
BuzzFeed announced Wednesday in a company-wide email that it would be laying off 85033 percent of its staff across the company, impacting roughly 250 employees.
|
|
In January, it suspended its print magazine, leaving the free news business, and laying off or transferring a large portion of its staff as it reorganized.
|
|
Vice Media has been putting more resources behind the agency after enduring a write-down in value by Disney and laying off 10% of its staff.
|
|
Sears is laying off hundreds of corporate employees less than a week after announcing a new round of store closures, the company confirmed to Business Insider.
|
|
Sears is laying off hundreds of corporate workers less than a week after announcing a new round of store closures, the company confirmed to Business Insider.
|
|
Hyun's departure comes after Uber reorganized its marketing team over the summer, laying off 400 employees from its global-marketing team across nearly a dozen countries.
|
|
The e-cigarette company Juul confirmed that it is laying off 650 workers earlier this week and plans to cut costs by $1 billion next year.
|
|
It is also laying off all of its field organizers in the Granite Sate and is cancelling a trip Harris planned on making there next week.
|
|
Around 50 workers assembled to protest the foundation's announcement that it would be laying off its visitor services staff and shuttering its doors to the public.
|
|
Etsy, which reported a net loss of $421,000 this quarter, announced it is laying off 80 people, roughly 8 percent of its workforce, earlier this month.
|
|
Q: Did you ever consider a conclusion that might feel more definitive — the house shutting down or laying off a large portion of the household staff?
|
|
Mobile events and conferences company DoubleDutch announced today that it will be laying off 55 of its employees as a part of a company-wide restructuring.
|
|
Its shipyards, among the world's largest, are laying off thousands after posting huge losses because of shrinking orders and competition from lower-cost rivals in China.
|
|
In January 2017, American Apparel announced it would close all 110 of its stores around the nation, laying off 2,400 Southern California employees in the process.
|
|
Weekly jobless claims spiked to a two-year high in the week ended March 14 as businesses hit by the virus's fallout began laying off workers.
|
|
U. S. Steel announced late last year that it will shutter its Great Lakes Works blast furnace operation near Detroit, laying off more than 1,20183 workers.
|
|
Besides creating media content based on Mattel's brands, Mr. Kreiz is slashing $21.5 million in expenses, laying off workers and planning to sell some manufacturing plants.
|
|
Many restaurant owners, facing lengthy closures, are laying off their staffs and are fearful of their survival if the crisis goes on for an extended period.
|
|
Burns was a vibrant timber town until around 1973 when the mill started laying off workers, and the unemployment rate in Harney County reached 30 percent.
|
|
Others, they say, would try to offset the steep cuts by laying off hundreds of thousands of workers and abandoning lower-paying services like mental health.
|
|
State-owned companies and administrations have been laying off workers on a massive scale in the past couple of years, according to The Foreign Policy Center.
|
|
Walmart is laying off 29 of 56 employees at a New York City office where its Allswell mattress brand and other e-commerce functions are based.
|
|
Another Boeing supplier is laying off staff as companies providing parts for the embattled 737 Max aircraft scramble to deal with the plane&aposs production shutdown.
|
|
The candidate acknowledged Wednesday he would be laying off "hundreds" of staff members, and his statements at a rally were generally perceived as conciliatory to Clinton.
|
|
Washington, DC (CNN)Lime, the world's largest scooter sharing company, is pulling out of 12 markets and laying off staff as it struggles to become profitable.
|
|
On Wednesday, it announced that it's laying off 90 staffers as part of a restructuring aimed at making the company profitable by the end of 2021.
|
|
Office-sharing company WeWork announced Thursday it is laying off about 2,400 employees worldwide, as the company looks to cut costs and stabilize its business model.
|
|
The list of companies affected, either by planning to close plants, laying off employees, tossing out plans for new jobs or raising prices continues to grow.
|
|
Store closures: Musk said Tesla is closing most of its stores and laying off retail workers to make it financially possible to produce the cheaper model.
|
|
Members of the Communications Workers of America (CWA) say that AT&T has been cutting pay, laying off workers and offshoring jobs at an alarming rate.
|
|
Ford is temporarily laying off about 2,000 workers as it retools an assembly and stamping plant in Wayne, Michigan, for the Ford Ranger and Bronco models.
|
|
Recently, Walmart announced plans to spend $403 billion on a share repurchase program while laying off thousands of workers and closing dozens of Sam's Club stores.
|
|
And, following the death of a pedestrian, Uber is shuttering its Arizona self-driving operations and laying off 300 test drivers; here's what that decision means.
|
|
Both firms expect to cut $2.5 billion in costs by 2022, and a lot of those likely will come from laying off Celgene's scientists and other staff.
|
|
As his fortunes declined this winter, Mr. Bush sharply pared back employees' salaries and consulting fees, even laying off some campaign staff members to bring down costs.
|
|
After laying off 40% of its staff and securing $169 million in emergency funding, SoundCloud's first product push is a much needed step in the right direction.
|
|
Tesla also announced this month that it would be laying off roughly 7 percent of its full-time employees following a previous round of layoffs last June.
|
|
So the fact that it is laying off 428 of its 738 employees for lack of money to pay them is, to say the least, a reversal.
|
|
The company is laying off about 350 employees, or around 1.5 percent of its workforce, with cuts affecting the self-driving and Uber Eats teams, among others.
|
|
China's Didi is laying off 15% of its staff Alibaba took an unexpected turn, announcing last week that it will continue to hire new talent in 2019.
|
|
The company is also laying off hundreds of staff and reducing the pay of CEO Nicholas Woodman to $2399 as it struggles to manage its rocky financials.
|
|
That means laying off staff to make capital last longer in hopes that they can hit big enough milestones to raise more money in a frosty climate.
|
|
TechCrunch has learned and confirmed that the startup is shutting down its operations outside of California, laying off 180 staff, and merging its remaining business with Fair.
|
|
Many that survive would struggle to pay the rent for a mall unit and companies across the service sector are laying off staff intended to populate offices.
|
|
And Tesla, coming off a terrific 2018, just announced it's laying off 0003 percent of its full-time staff and making other cuts to rein in costs.
|
|
This shift comes at a tumultuous time for Twitter, with the company laying off 9 percent of its workforce last month after failing to find an acquirer.
|
|
Premier Foods has been cutting costs as part of a two-year plan launched in 2017 by laying off people and streamlining its warehousing and distribution network.
|
|
He has also proposed cutting the Environmental Protection Agency's budget by $6 billion and laying off 3,000 staff, crippling their role as a watchdog for Americans' health.
|
|
When the company shut down its coke plant at Gary Works four years ago, laying off hundreds of workers, the city feared the worst for the facility.
|
|
The news comes days after a report that said the company was laying off several hundred employees, most of whom were attached to its drone flight devision.
|
|
CALGARY, Alberta (Reuters) - Enbridge Inc, Canada's largest pipeline company, is laying off 5 percent of its work force after an organizational review, a spokeswoman said on Wednesday.
|
|
Cisco fell 1.6 percent to $30.62 after technology news site CRN reported the company is laying off about 14,000 employees or 523 percent of its global workforce.
|
|
The company has been cutting costs as part of a two-year plan launched in 2017 by laying off people and streamlining its warehousing and distribution network.
|
|
Mozilla is laying off a portion of its Connected Devices team, which worked on Firefox OS and Firefox phones before recently shifting over to more experimental products.
|
|
Twitter has announced it will be laying off 9 percent of its staff (roughly 350 people), as the company tries to cut costs and refocus its operations.
|
|
In April, Intel announced that it was laying off 43,24 people, and would concentrate more on making chips for big cloud-computing companies like Amazon and Google.
|
|
And in March, CEO Zander Lurie announced the company was laying off 100 employees — about 13 percent of its workforce — to refocus its services aimed at businesses.
|
|
The timing could suit Beijing, which aims to reduce overcapacity in several industries, laying off an estimated 6 million workers at state-owned firms in the process.
|
|
That's why trust in the media has declined, why cable news ratings are dipping, why newspapers are closing, and consequently, why news organizations are laying off reporters.
|
|
Telltale Games was hit with a class action lawsuit in September 2018 after laying off hundreds of employees without notice or cause, but that case was dismissed.
|
|
AT&T shouldn't be laying off workers and sending the work to low-wage contractors when they are pulling in billions in profits from the tax bill.
|
|
Zulily is restructuring and laying off employees at corporate offices in Seattle and Columbus, according to a Zulily spokeswoman and an internal memo reviewed by Business Insider.
|
|
Juul is laying off around 650 workers and plans to cut costs by $1 billion in 2020, according to a new report from The Wall Street Journal.
|
|
The company was in the process of closing offices in San Francisco and Princeton, and laying off nine per cent of its employees, around four hundred people.
|
|
The adtech firm IgnitionOne has shed at least 19 more employees after laying off about 10 employees this past week, including senior salespeople, sources told Business Insider.
|
|
One day I had a pile of requisitions on my desk for digital, software, RF, mechanical, manufacturing, and quality engineers; the next the company was laying off.
|
|
Noting that newspapers are laying off critics and that the Internet has made commentary about movies plentiful and cheap, Gleiberman makes the case for his profession's survival.
|
|
The next year, Pearson became the company's CEO, and turned it into an extraordinarily profitable venture by laying off scientists and jacking up prices on proven drugs.
|
|
But G2 soon proved to be good sports about the situation, laying off of the aggression and playing hooky with the ball while the clock ran down.
|
|
If it's someone I knew who had systematically oppressed hundreds of people through labour or gobbling up corporations to make a bottom line and laying off workers.
|
|
All of this helps explain why there was an air of inevitability about the news on Monday that the organization was laying off half its editorial staff.
|
|
Brit + Co, a buzzy digital media brand for millennial women, is laying off most of its employees after an acquisition failed to pan out, Recode has learned.
|
|
Wheels, a Los Angeles-based startup that rents electric bikes in over a dozen cities, is laying off 6 percent of its staff, The Verge has learned.
|
|
Starting in March it shuttered its two factories in Michigan and Georgia, laying off about 250 workers, and in April it filed for Chapter 11 bankruptcy protection.
|
|
On Wednesday, Ancestry CEO Margo Georgiadis wrote in a blog post that the company is laying off 6% of its 1,700-person workforce, or roughly 100 employees.
|
|
Oyo, the Indian budget hotel startup backed by SoftBank, is laying off sales employees in the U.S., two sources directly familiar with the cuts told Business Insider.
|
|
Microsoft cut the size of its international sales force this week, laying off a small percentage of its employees, according to a person familiar with the matter.
|
|
New York (CNN Business)Activision Blizzard said Tuesday that it is laying off 8% of its workforce and restructuring its business to focus on its top games.
|
|
In its stores, Walmart is laying off roughly 3,500 store co-managers throughout the U.S. while adding about 1,700 assistant store managers (a slightly lower-paid role).
|
|
The Japanese conglomerate said Thursday that it was laying off 7,000 staff, or about 5% of its total workforce, as part of a new, five-year strategy.
|
|
Another Boeing supplier is laying off staff as companies providing parts for the embattled 737 Max aircraft scramble to deal with the aviation giant&aposs production shutdown.
|
|
DETROIT - General Motors on Tuesday idled a plant in Mexico that produces its highly-profitable Chevrolet Silverado and GMC Sierra 21 pickups, temporarily laying off 0003,2000 workers.
|
|
Challenger, Gray & Christmas, the staffing company, said in a report this month that businesses were laying off thousands of workers because of uncertainty related to the tariffs.
|
|
Last month, Mr. Fink laid out his strategy in this regard, laying off dozens of employees and changing the investment strategies of $30 billion in fund assets.
|
|
The setbacks mirror those of Juul itself, which announced it was cutting costs by nearly $1 billion and laying off 650 at the end of last year.
|
|
SoftBank-backed Zume is laying off 360 employees, accounting for about 50 percent of its workforce, and shuttering its robotic pizza business to focus on food packaging.
|
|
Pitchers feared Thames and rarely challenged him with fastballs, but he displayed discipline at the plate, laying off junk and waiting for breaking balls he could mash.
|
|
Cisco fell 2.04 percent to $30.49 after technology news site CRN reported the company is laying off about 14,433 employees or 20 percent of its global workforce.
|
|
And he has been trying to cut costs and improve efficiency, including laying off thousands of workers and bringing order to the bank's Balkanized information technology systems.
|
|
In late October, Rodriguez informed staff that he was redeploying aides to Iowa from other states and laying off dozens of others, including at the campaign's headquarters.
|
|
Occidental also said last month that it had started laying off workers in a new cost-cutting move after having already dismissed staff "significantly" through voluntary programs.
|
|
Anki, the robotics company that has raised over $200 million in venture capital, is laying off its entire staff and the startup is shuttering, Recode has learned.
|
|
And that's not always translating into a positive impact on their workers: Wells Fargo has been laying off workers, and Harley-Davidson is closing its Kansas City plant.
|
|
Mic is laying off the majority off its staff while the digital publisher works on a deal to sell the remainder of its assets to Bustle Digital Group.
|
|
The company's holiday quarter earnings were so disappointing that it prereleased its results in late January, and announced that it would be laying off more than 100 employees.
|
|
LuLaRoe, the controversial multilevel marketing company that has faced a barrage of lawsuits over the past few years, is laying off all 167 employees at its California warehouse.
|
|
In response to declining display ad rates for text content, some publishers have been laying off writers in favor of producing video content, which attracts higher advertising rates.
|
|
In Baker's absence, Schuler stepped in, attempting to cut costs any way he knew how, even if it meant laying off employees and slashing the building's maintenance budget.
|
|
The company also began laying off about 2,000 workers in June as part of a plan to save $350 million by the end of the 2018 fiscal year.
|
|
Sonos has announced that it's making some big changes, laying off staff and shifting the focus of its hardware—to concentrate on streaming music and embrace voice control.
|
|
Zenefits is laying off nearly half its staff as the U.S. software startup grapples with the fallout of insurance violations that resulted in hefty penalties from state regulators.
|
|
It's entirely possible the company will be laying off employees who worked on hardware products it's since moved on from, rather than people dedicated to the main app.
|
|
The government's reform plan aims at limiting the cost of laying off workers and puts most aspects of France's strictly codified rules on labor relations up for negotiation.
|
|
Events reached a head at the end of September this year, when Telltale announced that it would be laying off all but 25 of its employees without severance.
|
|
Republican Party officials say Trump has strong support, especially in northwest Alabama where International Paper Co shut a 43-year-old plant in 2014, laying off 1,100 workers.
|
|
Also on Wednesday, GoPro announced that its fourth-quarter revenue would be lower than expected and that it was laying off 7 percent of its approximately 1,500 employees.
|
|
Boeing confirmed to CNN Thursday that it's laying off roughly 200 employees from its South Carolina plant, the same plant Trump visited for a speech on saving jobs.
|
|
Garcia Padilla said, however, that while the government must become more efficient to improve its fiscal situation, that should be done through attrition rather than laying off workers.
|
|
LivingSocial is laying off around 280 employees in the latest move aimed at trying to stanch the bleeding at the one-time e-commerce darling and Groupon foe.
|
|
Online retailer Boxed, a competitor to Costco and Sam's Club, has attracted years of fawning publicity for implementing automation at its warehouses without laying off a single employee.
|
|
So far, this strategy has failed Aeropostale as it continues to post declining comparable sales and announced it would be laying off 13 percent of its corporate employees.
|
|
A source told TechCrunch the dating startup is laying off a huge chunk of its staff, and now the company confirms over 40 people will be let go.
|
|
Lyft has announced some cuts to its current scooter business, pulling out of six markets and laying off a handful of employees from its bikes and scooters division.
|
|
Cisco, which expects to start laying off employees from the first quarter, said it will take a charge of about $325 million to $400 million in the quarter.
|
|
Many were surprised by General Motors recent announcement that it would trim production in the U.S. by closing plants in Ohio and Michigan and laying off 14,000 workers.
|
|
Lyft rival Uber Technologies Inc also lost ground, dropping 1.4% after news that the company was laying off about one-fifth of its sales and marketing team, globally.
|
|
Cisco, which expects to start laying off employees in the first quarter, said it would take a charge of about $325 million to $400 million in the quarter.
|
|
In the meanwhile, LeEco had also started laying off its India staff, the headcount of which was north of 500, according to a person familiar with the matter.
|
|
The move is surprising, as Balyasny seemed to have found its footing after a difficult 2018 that ended with the firm laying off a fifth of its staff.
|
|
Occidental wound down Phibro, once a powerhouse in global oil markets, in December 2014 by laying off some U.S. employees and pursuing a sale of some overseas operations.
|
|
Twitter is shutting down its engineering operations out of Bangalore, India, and it is laying off around 13 engineers in the process, the company confirmed to TechCrunch today.
|
|
Looking for a new job is uniquely difficult during the coronavirus outbreak because many organizations are laying off employees and traditional ways of hiring have also been disrupted.
|
|
Canadian retailer Hudson's Bay will close its Dutch stores by the end of 10003, laying off some 1,400 employees, the Dutch business daily Financieel Dagblad reported on Saturday.
|
|
Last month, Kimberly-Clark, under pricing pressure from Amazon and Walmart, said it was laying off more than 5,000 workers and closing or selling 10 of its factories.
|
|
It's possible Mayer could have increased her stock price by simply announcing that she was shutting down all of Yahoo's websites and laying off all of its employees.
|
|
The Upright Citizens Brigade comedy theater, facing significant financial challenges, announced that it was laying off staff members on Tuesday, including much of its sales and marketing teams.
|
|
Oyo said on Wednesday it is laying off 2000,22020 people from its global workforce as the Indian budget hotel startup looks to cut its spendings and chase profitability.
|
|
In May, NIO laid off 70 employees and closed an office in Silicon Valley, and also began laying off at least 3 percent of its workforce in China.
|
|
"There are a lot of enterprises that are hurting right now, and they're going to start laying off people unless we get some money to them," said Sen.
|
|
Several carriers have tried to avoid laying off pilots, partly to avoid investing in time and costs to train them ahead of any rebound in traffic and flying.
|
|
One of Bird's chief competitors, Lime, announced earlier this month they were laying off 100 employees and leaving 12 markets with the goal of becoming profitable in 2020.
|
|
Harris, meanwhile, is going all in on Iowa, redeploying staffers to the first-in-the-nation caucus state and laying off dozens of aides at her Baltimore headquarters.
|
|
Lime, the largest electric scooter-sharing company in the world, is laying off 14 percent of its workers and exiting 12 markets, according to a report in Axios.
|
|
But, despite raising $765 million in less than three years, the company is facing a rumored cash crunch that has resulted in raising prices and laying off employees.
|
|
An unusual strain of partisanship — at least in the sports corner of the news media — emerged last week after ESPN announced it was laying off dozens of employees.
|
|
For businesses in industries like apparel or footwear, the border adjustment tax could be the difference between staying in business or closing up shop and laying off workers.
|
|
Here's the start: With the news that yet another publication is "laying off staff to pivot to video", I wanted to return to what is driving these moves.
|
|
BuzzFeed recently announced it was laying off staff at its dedicated podcasting unit, and Audible, the audio arm of retail giant Amazon, laid off its entire podcast staff.
|
|
Go deeper: Special report: The new global race to space SpaceX is laying off 10% of its workforce SpaceX reuses Falcon 9 rocket booster to launch record 64 satellites
|
|
SpaceX—which has a lot on its hands right now with its Big Falcon Rocket/"Starship" program—recently announced it would be laying off 10 percent of its staff.
|
|
Fresh from laying off 9 percent of its 200 staff "This is a great opportunity for me, I'm very grateful for Uri," Setton told TechCrunch in a phone interview.
|
|
One such group, World Relief, announced last month that it was laying off more than 140 people and closing five local offices as a result of the travel ban.
|
|
In a rare move for the online retail giant, Amazon is laying off hundreds of corporate workers in its Seattle headquarters and elsewhere, according to a Seattle Times report.
|
|
Ad tech company Rocket Fuel is laying off 11% of its headcount — 0003 members of staff — as it looks to save $20 million in operating expenses, AdExchanger first reported.
|
|
MakerBot is laying off 30 percent of its staff as part of an ongoing effort to adapt to a changing market, the company announced in a blog post today.
|
|
Tech companies have stumbled their way into 2016, with at least 18 companies laying off parts of their workforce in February alone as venture capitalists got pickier about investments.
|
|
Separately, the automaker also announced Monday that it will be laying off more than 1,000 of its Michigan workers in May, shifting production to a different plant in Tennessee.
|
|
The biggest "integrated" oil companies — those with both exploration and refining operations — have begun to close the gap between spending and income by cutting costs and laying off workers.
|
|
On the South Side of Chicago, U.S. Steel, having started mass layoffs in 1979, continued into the next decade, laying off more than 813,000 workers in that community alone.
|
|
Boxer also revealed Fiorina's many vulnerabilities with a skillful campaign that cast Fiorina as a heartless CEO who took corporate perks while laying off tens of thousands of workers.
|
|
Companies are spending millions or billions of dollars to reward shareholders and prop up their stock prices with buybacks, even if that means laying off workers to do it.
|
|
Having pulled its public filing, at which WeWork had hoped to raise up to $4 billion, the company is now jettisoning extraneous businesses, cutting costs, and laying off staff.
|
|
Yahoo beat expectations for quarterly revenue but not earnings, and, under pressure from frustrated investors, said it would explore selling assets and laying off 15 percent of its workers.
|
|
Trump criticized GM for importing Mexican-made versions of the Chevrolet Cruze, even as the automaker is laying off 1,200 workers in Ohio this month who assemble the car.
|
|
In an open letter to Tesla staff today, CEO Elon Musk announced the automaker is laying off 7 percent of its full-time work force, more than 3,000 people.
|
|
Despite three decades of effort, Republicans have never succeeded—largely because the image of politicians beheading, devouring, or laying off Big Bird makes for a really good political cartoon.
|
|
These efforts, which included laying off nearly a quarter of its staff so far this year, seem to be working, based on a positive earnings report released earlier today.
|
|
Demand from Texas and other heartland states for big pick-ups is providing a lifeline to many workers the No. 1 U.S. automaker is laying off at plants elsewhere.
|
|
From Virginia to California, many rural medical equipment suppliers could soon be closing their doors, laying off thousands of employees and leaving patients with limited options and poor service.
|
|
Ilva has set up favourable conditions to attract bidders, laying off 4,000 staff, and obtaining a 1.1 billion euro ($1.23 billion) bridge loan to finance an environmental clean-up.
|
|
True, support from Chancellor Angela Merkel's administration for domestic consolidation might provide greater political cover for difficult decisions, like potentially laying off some 225,230 workers between the two companies.
|
|
Pain across the massive meat industry, which is laying off workers and losing money, will deepen the stricken government's woes as the economy suffers its worst downturn since 13.
|
|
As Trump pointed out during the 2016 campaign, Nabisco had cut its labor costs by moving a food processing plant from Chicago to Salinas, Mexico, laying off 753 workers.
|
|
Historically, the overhaul of state-owned enterprises has proved to be politically unpopular because it meant laying off workers and reducing the rolls of those who received state benefits.
|
|
Today, however, they had assembled to protest the foundation's recent announcement that it would be laying off all of its 70 associates and shuttering its doors to the public.
|
|
GE says it is also closing an Ohio factory and laying off 22 workers because consumers are buying fewer of the florescent and incandescent light bulbs they make there.
|
|
Canada's Bombardier Inc is laying off half of the 20.4,62.833 workers at its Thunder Bay, Ontario, railway car plant, BNN Bloomberg reported on Tuesday, citing a federal government source.
|
|
That realization influenced the decision to cut costs, in part by laying off a third of the staff, and also has the startup attempting to renegotiate contracts with vendors.
|
|
The beds were not being filled, and with losses of $2 million, Edward Myers Hayes, 65, the chief executive, closed the residential campus in February, laying off 120 workers.
|
|
The company expects to bring in $100 million less in revenue this year than it did in 2016, and it is in the middle of laying off 80 employees.
|
|
It's possible that Marissa Mayer could increase her stock price by simply announcing that she was shutting down all of Yahoo's websites and laying off all of its employees.
|
|
Texas lost 7.4 percent of WIC participants — and some offices in heavily Spanish-speaking communities there say they are considering laying off employees because of the drastically decreasing caseload.
|
|
McNally Jackson, an independent chain in New York that said it was "facing down a massive, unprecedented loss in revenue," is also laying off employees until its stores reopen.
|
|
The company will be laying off most of its staff, with a team remaining in place to continue to operate its existing satellites in space, according to our sources.
|
|
Norwegian Air is grounding 40 percent of its long-haul fleet, canceling more than 4,000 flights through the end of April, and laying off up to half its employees.
|
|
SoftBank's turnaround plan includes shutting down unprofitable divisions and laying off huge swaths of WeWork employees, as Peter Eavis, Michael de la Merced and Andrew report in the NYT.
|
|
They&aposre likely going to have a tough time raising new funding, and many firms may have to downsize their ambitions and operations, including laying off investors, he said.
|
|
Since Boeing is still hoping to resume work on the plane soon, it probably would have limited cost savings to go through the process of laying off the workers.
|
|
University leaders plan later this month to declare financial exigency, a step that would let them expedite the process of eliminating programs and laying off employees, including tenured professors.
|
|
It has been aggressively cutting costs by laying off staff and selling assets to pay down its $38.54 billion debt pile following its $38 billion acquisition of Anadarko Petroleum.
|
|
New York (CNN Business)Verizon Media Group is laying off 22 staffers this week, which means the telecom company's 232.9 is ending much in the same way it started.
|
|
A company that services Amazon&aposs Prime Air fleet is laying off more than 1,600 workers in Maryland as Amazon shifts more jobs in-house, Business Insider has learned.
|
|
A hotel staffed by androids in southern Japan ended up laying off some of its robots after customers complained that they were not as good at hospitality as people.
|
|
It would be inappropriate, he added, for executives to receive large bonuses when the bank was not paying a dividend to shareholders and was laying off thousands of workers.
|
|
Hit by shrinking state contracts and delays in payments owed to them by the government, construction firms have been laying off tens of thousands of people since last year.
|
|
SunPower has already started the process of laying off between 2628 and 28503 workers, largely from its research and development and marketing positions, CEO Tom Werner told The Hill.
|
|
WeWork said on Thursday that it was laying off 2,400 employees around the world, weeks after huge losses at the co-working company brought it close to financial collapse.
|
|
Rodriguez and others failed to anticipate the dramatic drop-off in fundraising, bringing on new staff just a few weeks before laying off dozens in early states and headquarters.
|
|
Cryan said that Deutsche Bank had made progress in changing staff conduct since he took the helm in July 2015, completely revising the incentive systems, and laying off employees.
|
|
The 56-year-old was once the human resources director of a Spanish plant nursery that downsized, laying off him and half the company's 300 workers in 12 months.
|
|
Uber is laying off around 80 staff at its office in LA. The Los Angeles Times reports that the customer service operation will be closed and moved to Manila.
|
|
Cannabis cultivator and retailer Acreage Holdings laid off 40 employees in February, and Canopy Growth was forced to shutter two large greenhouses laying off over 500 workers, among others.
|
|
In the trough of the Great Recession in 2009, when companies were laying off hundreds of thousands of workers each month, corporate tax collections plunged by almost a third.
|
|
There has been a lot of criticism of the H-1B program with reports of companies laying off their American IT workers and replacing them with H-1B workers.
|
|
And a week earlier, Musk's third company, SpaceX, announced that it was laying off 10 percent of its workforce — more than 500 employees — in a measure similar to Tesla's.
|
|
Time for another round of "pivoting to video" chatter, promoted by yet another story about a digital publisher "pivoting to video" by laying off people who don't make video.
|
|
The more practical and immediate effect is that Uber is laying off 300 car operators, who were driving around in Uber's semi-autonomous Volvos in Arizona before the crash.
|
|
Yahoo is also shuttering Yahoo Travel and laying off four to five staffers including editor in chief Laura Begley Bloom, according to a Wednesday report from Skift's Jason Clampet.
|
|
Along with that news, WWD reported that the magazine's parent company, Condé Nast, is laying off 23 people across the company and trimming issues for a variety of its publications.
|
|
On Tuesday, Intel announced that it was laying off 21980,22 employees, 503 percent of its workforce, the latest sign of the company's struggle to adapt to the post-PC world.
|
|
Seres, the Chinese EV startup formerly known as SF Motors, is laying off 90 people in its Silicon Valley office, the company announced in a staff meeting held earlier today.
|
|
A strike that began Sunday at a Canadian General Motors Co plant is having a ripple effect, with the company temporarily laying off workers at three parts facilities on Thursday.
|
|
After cutting their iconic catalogue, laying off 200 staff members, discontinuing its swimwear line, the company's stocks, which once surpassed over $100 a share, have slumped to $40 a share.
|
|
Last month, the bank announced that it was laying off a quarter of its fixed-income staff, and this month Mr. Gorman made several changes in the top management ranks.
|
|
S. trade war, political concerns over Chinese telecoms firm Huawei and slowing consumer demand, chipmakers in Singapore have started slowing production and laying off hundreds of jobs, firms told Reuters.
|
|
Meanwhile, the companies that Pai held up as the job creators of the future, if only they could shed those burdensome regulations, have been busy laying off workers in droves.
|
|
Gibb's departure from Deutsche Bank comes after Germany's largest lender began laying off staff globally earlier this month, as part of a restructure that would reduce its headcount by 18,000.
|
|
The Oklahoma City-based company, a top U.S. independent oil producer, said it was laying off 1,000 staff and that another 600 employees would leave in divestitures later this year.
|
|
But the move entailed shuttering nine facilities in rural districts across the country and potentially laying off some 2128,2300 workers — a deal-breaker even for normally supportive members of Congress.
|
|
New chief Satya Nadella began unwinding the effort almost as soon as the deal closed, eventually laying off most of the more than 4,000 Finnish employees gained through the acquisition.
|
|
SAN FRANCISCO (Reuters) - Zenefits is laying off nearly half its staff as the software startup grapples with the fallout of insurance violations that resulted in hefty penalties from state regulators.
|
|
Aspect is also an investor in the hotel booking app HotelTonight, which was reportedly looking into an IPO as of last summer after trimming costs, including laying off some employees.
|
|
As ESPN tries to evolve its content for a multi-platform audience, the company will begin laying off 100 people on Wednesday, according to a source close to the situation.
|
|
Dorsey has also moved to restructure the company by laying off more than 300 employees and making marquee hires, notably that of former Google executive Omid Kordestani as executive chairman.
|
|
The beleaguered poop-testing startup began laying off about half its staff, as the company searches for a path forward after an FBI raid and the departures of its founders.
|
|
The findings come as Twitter has been laying off employees after months of sluggish user growth and a failure to woo a buyer despite interest from several high-profile suitors.
|
|
The coda to the 2016 campaign was General Motor's announcement the day after the election that it was laying off 2,000 workers in its assembly plants in Ohio and Michigan.
|
|
Last fall, Xerox announced it would expand call center operations in the Philippines – hiring 6900 workers there – while simultaneously shutting down American call centers and laying off 2628 U.S. workers.
|
|
New York magazine's parent company is laying off 32 full-time and freelance staffers as part of the publication's restructuring effort, according to a Monday memo from the company's CEO.
|
|
Asia Pacific grocery delivery startup Honestbee has confirmed it is suspending business in half of the eight markets it operates in and laying off 10 percent of its 1,000 staff.
|
|
The company had seen its value double in the previous five years, but Mr. Agnelli angered government officials by laying off more than 1,000 workers and slashing investments in Brazil.
|
|
Airlines across the world are grounding planes, laying off workers and scrambling to preserve cash as measures to contain the outbreak prompt flight bans and wipe out global travel demand.
|
|
Fundamentally restructuring the economy would entail laying off workers at uncompetitive, state-protected firms in the oil and gas sector — a course that would yield more unhappiness among the citizenry.
|
|
Kimberly-Clark, the maker of Kleenex and Huggies, recently said they were using money from the tax cut to restructure -- laying off more than 903,290 workers and closing 215 plants.
|
|
I haven't gotten that strikeout slider yet — it seems like they've been laying off it — but when we get 0-43 or 1-2, we try not to waste pitches.
|
|
In the days leading up to the earnings report, Uber announced it was laying off 400 people from its marketing unit as part of a broader restructuring of the department.
|
|
And US Steel, part of the American steel industry the Trump administration has been trying to save through tariffs, has announced it would temporarily be laying off about 200 workers.
|
|
Canada's WestJet Airlines initially proposed laying off 691 pilots before reaching a deal through April 30 with its union to avoid layoffs, according to two internal memos seen by Reuters.
|
|
New York (CNN Business)20133andMe, an at-home DNA testing company, is laying off 100 people, or about 14% of its workforce, the company confirmed to CNN Business on Thursday.
|
|
Scientists believe this coronavirus started in another animal and spread to humans, so health officials recommend laying off the rare steak or runny yolks, and thoroughly cooking meat and eggs.
|
|
Kimberly-Clark, the maker of Kleenex and Huggies, recently said they were using money from the tax cut to restructure — laying off more than 5,2023 workers and closing 10 plants.
|
|
Ochs was the second hire on the production side five years ago, and he said laying off good men and women he helped to bring on the team hit home.
|
|
Similarly, businesses might go bankrupt if the financial markets freeze up and they cannot get access to credit, meaning otherwise sound businesses end up laying off employees or closing down.
|
|
It means understanding that pharmaceutical mergers that benefit shareholders while laying off scientists are destructive, not just because they are unfair, but because they make us less resilient to disease.
|
|
On Tuesday, the company pushed out Neumann as C.E.O. The tech business site The Information reported that We is considering laying off up to a third of its work force.
|
|
Barnes & Noble is trimming its staff, laying off lead cashiers, digital leads and other experienced workers in a company-wide clearing, CNBC has learned from sources familiar with the matter.
|
|
Tencent-backed EV startup NIO is laying off 62 employees from its Silicon Valley office in San Jose, California, according to a new filing with the state's Employment Development Department.
|
|
In recent months, Harris failed to raise money from donors and maintain her frontrunner status, laying off staffers and announcing a series of new strategies designed to restart the campaign.
|
|
When Telltale's licensed projects failed commercially, the studio was ultimately forced to close, laying off hundreds of employees and leaving the final chapters of "The Walking Dead" video game incomplete.
|
|
Last year, for instance, the company announced that it was laying off 12,63.543 people, or 11 percent of its global work force, as demand for personal computers continued to decline.
|
|
Two of the country's biggest coal companies have begun laying off workers at their Western coal mines, a region that so far has seen fewer industry job losses than Appalachia.
|
|
The success of books like the Mark Manson New York Times best seller (with the unprintable name) indicates that letting go and laying off may very well set us free.
|
|
The Upright Citizens Brigade, facing substantial financial pressures, announced on Wednesday that it would be closing its East Village location in Manhattan, a month after laying off several staff members.
|
|
Even if the epidemic ends soon, it has taken a toll of China's economy, with companies laying off workers and needing loans running into billions of dollars to stay afloat.
|
|
The bankruptcy culminated in Beatport laying off nearly 50 employees—approximately half of its staff—and shuttering all of its departments that do not involve the direct sales of music.
|
|
MOSCOW, Feb 12 (Reuters) - Russian Deputy Economy Minister Oleg Fomichev said on Friday he did not rule out that a significant number of state enterprises may start laying off their workers.
|
|
I don't see people being — right now, insurance companies are getting rid of jobs and laying off people and someone will have to look at the claims and everything like that.
|
|
The company is simultaneously laying off IT workers in other states, including 11 in Texas, but the bulk of the job reductions are in Washington state, Boeing spokeswoman Lauren McFarland said.
|
|
Following the news, Kotaku reported that Activision Publishing (under Activision Blizzard) was laying off 5 percent of its workforce, including 20 people at Infinity Ward, the development team behind Infinite Warfare.
|
|
SeaWorld announced on Tuesday it would be laying off 320 employees across 12 of its theme parks, marking the second time in two years the company has massively downsized its staff.
|
|
Some would even accuse the software maker of receiving free labor, especially in light of the company laying off a huge number of its testing team for Windows in recent years.
|
|
Parent company G/O Media announced Thursday that it is laying off the site's seven-person staff and plans to "reallocate" the headcount to its other sites, according to internal memos.
|
|
Meanwhile, Huobi Group, a crypto trading platform also headquartered in Beijing, is laying off a portion of its 1,000 employees, too, according to a report from the South China Morning Post.
|
|
A fall in global oil prices has hammered state income, caused dollar shortages and halted infrastructure projects in Africa's top oil exporter with firms laying off tens of thousands of workers.
|
|
But with utilities quickly switching to cheap natural gas and renewable sources like wind and solar power, Murray and other coal companies have been shutting down mines and laying off workers.
|
|
The shuttering will effectively entail laying off more than 700 employees, many of whom had already experienced a barrage of difficulties during the liquidation period, including rampant theft and paycheck delays.
|
|
In November, the automaker shared plans to shrink its workforce by laying off about 14,000 workers and shuttering operations at four US manufacturing plants, which drew condemnation from the Trump administration.
|
|
In 2013, SAC shut its London office, laying off dozens, during the height of the insider trading investigation, which led to securities fraud convictions for five former employees of Mr. Cohen.
|
|
In March, Sonos announced it was laying off some of its staff and focusing its efforts not as much on the hardware devices that made the company famous, but on software.
|
|
The researchers found that, even though traditional schools have fewer students to educate, they cannot make up for the revenue they lose to charters by closing buildings and laying off staff.
|
|
End the Offshoring Act: Establishes tariffs to discourage companies from laying off their workers in order to relocate in other countries and ship their products back to the U.S. tax-free.
|
|
New York (CNN Business)Huawei is laying off more than 600 workers in the United States as the Chinese technology giant continues to struggle with new restrictions from the Trump administration.
|
|
GarageBand for Mac and iOS... CurrentC, the retailer-backed mobile payments app that was supposed to take down Apple Pay, is being delayed, and its creator is laying off 30 employees.
|
|
The online retailer, a competitor of Costco and Sam's Club, has attracted years of fawning publicity for carrying out all this automation at its warehouses without laying off a single employee.
|
|
The news comes as Conde Nast is reportedly laying off off staffers and shuttering print editions of some of its flagship publications, and weeks after Conde rival Hearst acquired Rodale Inc.
|
|
After laying off staff in December as it shifted business models to find a sustainable operation, Dinner Lab has officially shut down, according to a blog post on the company's site.
|
|
There's just one facility devoted exclusively to producing concentrate orange juice left in Florida, and this year, amid a shrinking market, it's laying off about two thirds of its 94 workers.
|
|
Cisco Systems Inc is laying off about 14,000 employees, representing nearly 20 percent of the network equipment maker's global workforce, technology news site CRN reported, citing sources close to the company.
|
|
Read more: Kroger is laying off hundreds of store managersIn some cases, fired employees were told they were prohibited from returning to the stores where they worked without an approved escort.
|
|
SolarCity cofounders Lyndon and Peter Rive this week announced a "realignment" that will involve laying off an unspecified number of workers by the end of this year, according to an Aug.
|
|
SANTIAGO (Reuters) - Enersis Americas SA, Italian utility Enel's Latin American arm, said it was laying off workers as part of an efficiency drive against the backdrop of a difficult energy market.
|
|
At least one car was still on the tracks with its windows blown out; another was laying off to the side, twisted at an odd angle with its undercarriage facing upward.
|
|
They weathered the storm through the '60 riots, they weathered the storm that was in the '70s when all the auto plants were laying off left and right, they weathered that.
|
|
Mr. Biver said that after laying off 49 staff members in 2014 as part of a restructuring plan, the company has added more than 100 people in the past 12 months.
|
|
Broken down: If a retailer saves $100 in wages and benefits by laying off an employee in 2017, its after-tax savings is $65 ($100 savings less $35 paid in taxes).
|
|
The company announced it will be laying off 190 employees on Friday evening, including 80 corporate-level employees, in a push to be cash-flow positive by the end of 2020.
|
|
FCA said previously that it plans on July 5 to cut a shift at its Detroit-area plant that makes the light-selling midsize Chrysler 200, indefinitely laying off 1,300 workers.
|
|
Case in point: earlier this week, Pandora announced it was laying off around 280 percent of its U.S. workforce, despite having grown its business to include over 4.3 million paid subscribers.
|
|
Revenue jumped 157 percent, excluding accounting gains in last year's third quarter, even though the unit has undergone a significant revamping since then, including laying off a quarter of its staff.
|
|
Usually a loose public speaker, Mr. Dickerson read from a script, his voice shaking as he made an announcement: He was laying off 80 employees — the largest cuts in Etsy's history.
|
|
Norwegian Air, a heavily indebted budget carrier, said that it was suspending over 4,000 flights and temporarily laying off up to half its workers after its stock plunged 2600% on Thursday.
|
|
Fast-fashion retailer H&M said Monday it is weighing laying off tens of thousands of workers worldwide temporarily, as it works through interruptions to its business from the coronavirus pandemic.
|
|
Layoffs, furloughs, and cuts have already begunA growing number of companies — mostly in the exploration and production sector — have already started laying off or furloughing their employees including Apache and Halliburton.
|
|
San Francisco (CNN Business)Esteemed restaurant company Union Square Hospitality Group is slashing its workforce by 80% and laying off around 2,000 people in the wake of coronavirus-related restaurant closures.
|
|
On Friday morning, Bloomberg scrapped his plans to keep staff in New York and six swing states employed through a PAC, shutting down all thec campaign offices and laying off hundreds.
|
|
In the United States, which is the world's second-largest steel consumer, the steel giant US Steel in 2016 announced that it was laying off a quarter of its salaried workers.
|
|
Montreal-based training specialist CAE Inc has temporarily closed three commercial aviation training centres and is laying off 465 manufacturing workers and slashing executive salaries and capital spending to contain costs.
|
|
The flagship airline said it was temporarily laying off 20,000 employees, about two thirds of its workforce, as it suspended all international flights and slashed domestic services by almost two thirds.
|
|
While other retailers are struggling to make ends meet and laying off employees because of the coronavirus outbreak, Amazon has seen a surge in demand and is recruiting 100,000 new employees.
|
|
However shares in the carrier, which has grounded most of its aircraft and is temporarily laying off 90% of staff due to the virus pandemic, remain down about 65% this year.
|
|
Layoffs hit Q&A startup Quora Quora, the 10-year-old question-and-answer company based in Mountain View, is laying off staff in its Bay Area and New York offices.
|
|
Uber has faced increased pressure from investors to turn a profit, and it spent much of 2019 cutting costs and laying off employees after a disappointing initial public offering last May.
|
|
In 2016, a bombshell report by independent journalist Brian Krebs revealed that Norse, an oft-quoted security company, was "imploding" after laying off much of its staff and firing its CEO.
|
|
What U.S. retail company said it was closing all of its stores in America and laying off 31,000 employees, though some of the business' locations in other countries could be saved?
|
|
To restore profitability, the Yokohama-based automaker is in the process of laying off some 12,500 employees globally and is trying to mend frayed ties with its alliance partner, Renault SA .
|
|
Privileged Patrick was lured back to Florida by his daddy's trust fund and a job at the family company — which he got while the business was laying off thousands of workers.
|
|
While there have been reports of some companies either laying off workers or planning to as a result of the import duties, that is not yet evident in the claims data.
|
|
Last week, POLITICO reported that he was laying off his staff in New Hampshire and South Carolina, with the intent to focus his now long-shot bid on Iowa and Nevada.
|
|
Over the past week, Harris has significantly reconfigured her campaign, laying off and reassigning staff and largely abandoning her efforts in New Hampshire as she goes all-in on Iowa. Sen.
|
|
Last week, BuzzFeed said it was laying off about 100 people — around 6 percent of its workforce — as it looked for new revenue streams to augment its core "native" ads business.
|
|
WeWork is reportedly considering laying off up to a third of its staff, or about 5,000 employees, and close ancillary businesses such as its private grade school and computer programming school.
|
|
But four months ago, after laying off 20163 percent of its staff, SoundCloud scored a do-or-die investment of $22016 million that saved the company and brought in a new CEO.
|
|
Seyfarth Shaw, one of the largest U.S. labor and employment law firms, is laying off a group of lawyers and support staff "amid a shifting market for legal services," the firm said.
|
|
It has been criticized in conservative publications such as Breitbart for laying off thousands of staffers, while simultaneously supporting legislation that would increase the number of foreign worker visas granted each year.
|
|
" [Deepa Seetharaman / The Wall Street Journal] Etsy replaced its longtime CEO, Chad Dickerson, and is laying off 8 percent of its staff after reporting a first-quarter loss and a "challenging February.
|
|
But the revolution hit a snag, and in January, Zume announced it was permanently shuttering Zume Pizza, the robotics division of the company, and laying off about 360 employees across multiple offices.
|
|
But the revolution hit a snag, and in January, Zume announced it was permanently shuttering Zume Pizza, the robotics division of the company, and laying off about 360 employees across multiple offices.
|
|
GoPro has spent the last two years laying off employees, closing entire departments, discontinuing certain products, reintroducing one recalled product, and this fall, announcing a new flagship camera: the Hero 22018 Black.
|
|
One of the top-funded VR content startups, with backers including Disney and GV (Google Ventures), is laying off a "significant portion" of its employees as it pivots away from virtual reality.
|
|
Field has been putting his stamp on the effort, laying off about 190 workers but also bringing on key hires such as Michael Schwekutsch, who oversaw electric drive train technology at Telsa.
|
|
Trump and Pence celebrated the 1,000 jobs deal at an event in Indianapolis on Thursday, but employers elsewhere in Indiana are laying off five times as many workers because of foreign competition.
|
|
Despite this seemingly good intention, though, a recent study by Johns Hopkins shows that these responsibility messages largely end up promoting drinking and not the health benefits of laying off the stuff.
|
|
Photo: Justin Sullivan (Getty)Yesterday morning, news went viral that PepsiCo was spending $2.5 billion on a plan to restructure the company that involved laying off an untold number of its workers.
|
|
Carrier, the heating and air-conditioning manufacturer, is laying off more than 600 employees from its Indianapolis plant next month, the same plant Trump vowed to keep on American soil, per CNBC.
|
|
Steemit, an early blockchain startup that's developing an alternative to Reddit, has a new chief less than two months after laying off most of its staff as part of cost-cutting measures.
|
|
The Affordable Care Act exchanges wreaked havoc on the health insurer, which is pulling out of Utah and Wisconsin, pruning its participation in other states and laying off 7% of its workforce.
|
|
As power producers attempted to limit the stock build and cut new orders, the mining sector was pushed into a crisis, with mines closing and laying off thousands of operators and contractors.
|
|
Far from agreeing to cut a deal, last year a group of billionaire hedge-fund managers called for laying off teachers and closing down schools to recover some of the island's debt.
|
|
That raises the prospect of larger and more widespread bankruptcies if there's an economic shock — and research shows that companies that hold more debt end up laying off more people during recessions.
|
|
GM is taming its inventory problem in the United States in part by laying off about 38.93,100 temporary and full-time hourly workers, mainly at factories that build compact and midsize sedans.
|
|
Futurewei, which employed 850 people in the United States, began laying off workers on Monday, Reuters reported earlier, citing employees, including one who spoke as he left the company's Silicon Valley campus.
|
|
Tesla announced on Monday that it is laying off 9 percent of its salaried workers, a move that was not a complete surprise, as it had previously announced a reorganization was coming.
|
|
New York (CNN Business)President Donald Trump said Thursday that General Motors CEO Mary Barra made a "big mistake" by laying off thousands of workers and pledged to retaliate against the company.
|
|