Layoffs

Page 17 of 56

Jozsef Veradi is chasing a $125 million bonus from his languishing airline.
Success

Wizz Air CEO, denied $125 million bonus, regrets firing 20% of his workforce during the pandemic because it hit morale

By
May 7, 2024
Elon Musk
Tech

Tesla slashes its summer internship program to cut costs, as Elon Musk fights to save his $45 billion pay plan

By Dana Hull, Kara Carlson and Bloomberg
May 2, 2024
Tesla CEO Elon Musk
Tech

Elon Musk reportedly sacked Tesla’s entire Supercharger team, including his top female manager

By
April 30, 2024
Spotify's CEO and Co-Founder Daniel Ek (L) joins author and comedian Trevor Noah to discuss the future of storytelling at Spotify Beach
Tech

Spotify CEO Daniel Ek surprised by how much laying off 1,500 employees negatively affected the streaming giant’s operations

By
April 23, 2024
Elon Musk waves his hand
Tech

Tesla guts newly formed marketing team despite investors demanding greater focus on ads as EV sales slow

By Edward Ludlow and Bloomberg
April 22, 2024
John Donahoe
Retail

Hundreds of staffers laid off at Nike, as second-round cuts hit Oregon headquarters

By Kim Bhasin, Leslie Patton and Bloomberg
April 19, 2024
Businesswoman shaking hands to close a deal with clients in the office
Tech

British unions want new law to stop firms from using AI to spot facial expressions and tone of voice as part of hiring decisions

By
April 18, 2024
Sachin Dev Duggal founder of Builder.ai at Coins2Day Brainstorm AI London on April 16, 2024.
Tech

ChatGPT-style AI bots have ‘lit a fire in boardrooms’ and it’s all thanks to slick design, says AI unicorn ‘chief wizard’

By
April 18, 2024
Mati Staniszewski
Newsletters

AI leaders tackle tough questions at Coins2Day Brainstorm AI London

By
April 16, 2024
Tesla will cut over 10% of its global workforce—some 14,000 employees—in face of slowing EV demand
Tech

Tesla will cut over 10% of its global workforce—some 14,000 employees—in face of slowing EV demand

By Dana Hull and Bloomberg
April 15, 2024
Best Buy
Retail

‘Geek Squad is a sinking ship’: Best Buy workers reel from mass layoff

By Eoin Higgins, IT Brew and Morning Brew
April 12, 2024
Bill Anderson, chief executive officer of Bayer
Leadership

Pharmaceutical giant Bayer is getting rid of bosses and asking nearly 100,000 workers to ‘self-organize’ to save $2.15 billion

By
April 11, 2024
Amazon’s security chief says he would be ‘astonished’ if cybersecurity professionals are laid off due to AI
Newsletters

Amazon’s security chief says he would be ‘astonished’ if cybersecurity professionals are laid off due to AI

By
April 9, 2024
Employer and employee agree after negotiation.
Leadership

McKinsey is paying some managers up to 9 months salary to leave—Here’s when it makes sense to take the money

By
April 2, 2024
Two men pass by a “join our team” sign in Los Angeles
Finance

Despite rumors of a job-market slowdown, hiring and job openings stayed steady in February

By Paul Wiseman, Irina Ivanova and The Associated Press
April 2, 2024

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