Layoffs

Page 23 of 58

Employee at a General Motors facility
Success

GM to ‘rip off the Band Aid and significantly cut costs’ by laying off 1,300 workers amid its transition to EVs

By
December 15, 2023
Josh Silverman talking on stage
Retail

Etsy CEO turns to sailing metaphor to rally workers after laying off 225 just before the holidays: ‘The waters may be rough right now, but there’s no other ship I’d rather be on’

By
December 14, 2023
Bosses are using tougher performance reviews to cut workforce without layoffs because employees aren’t quitting
Leadership

Bosses are using tougher performance reviews to cut workforce without layoffs because employees aren’t quitting

By
December 13, 2023
Transformers maker Hasbro slashes 1,100 jobs ahead of holiday season as its low sales streak proves ‘more persistent than planned’
Finance

Transformers maker Hasbro slashes 1,100 jobs ahead of holiday season as its low sales streak proves ‘more persistent than planned’

By Thomas Buckley and Bloomberg
December 11, 2023
The Spotify logo is being displayed on a smartphone with a Spotify layoff icon in the background
Tech

Spotify’s CFO cashed in $9 million worth of stock after mass layoffs—now he, too, is out of a job

By
December 8, 2023
Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?
Tech

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

By
December 6, 2023
HR experts say you need to hire workers for their long-term potential and not just the current job opening: Find ‘that great business athlete’
Newsletters

HR experts say you need to hire workers for their long-term potential and not just the current job opening: Find ‘that great business athlete’

By Paige McGlauflin and Joey Abrams
December 5, 2023
Spotify CEO Daniel Ek
Tech

Spotify to slash bloated headcount by 17% after CEO Daniel Ek says staff are doing too much ‘work around the work’

By
December 4, 2023
2023 was the year middle managers cracked under the impossible mission of pleasing 2 impossible parties: Disenchanted workers and fed-up executives
Success

2023 was the year middle managers cracked under the impossible mission of pleasing 2 impossible parties: Disenchanted workers and fed-up executives

By
November 26, 2023
Sam Altman, CEO of OpenAI, speaks to members of the press outside the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC.
Newsletters

Sam Altman’s OpenAI firing—and reinstatement—challenges a common misconception about performance metrics

By Paige McGlauflin and Joey Abrams
November 22, 2023
Portrait of Carta CEO Henry Ward on red background with several Carta logos.
Finance

Exclusive: Unicorn Carta lays off another round of employees

By
November 9, 2023
Citigroup CEO Jane Fraser testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC.
Finance

Citigroup boss Jane Fraser’s ‘Project Bora Bora’ could reportedly see 10% of staff laid off at the Wall Street giant

By
November 7, 2023
Young man carrying his belongings out of his workplace
Success

The laid-off masses have a message for Mark Zuckerberg and Marc Benioff: We’ll never come back

By
October 21, 2023
LendingClub, which targets consumers buried by credit card debt, isn’t doing so well itself
Finance

LendingClub, which targets consumers buried by credit card debt, isn’t doing so well itself

By Paige Smith and Bloomberg
October 12, 2023
Mark Zuckerberg
Tech

Meta millennial morale improves as the La Croix flows and the corporate hoodies get touted around again

By Aisha Counts and Bloomberg
September 18, 2023

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