Layoffs
Microsoft's CEO Says the Company's Mass Layoffs, Despite Financial Success, Are 'Weighing Heavily on Me' in an Internal Memo
Microsoft has laid off over 15,000 employees this year, but CEO Satya Nadella says headcount "is relatively unchanged" as the company continues to hire new workers.
Xbox Producer Tells Laid-Off Workers to Turn to AI For Advice If They're Feeling 'Overwhelmed'
Microsoft announced mass layoffs last week, affecting around 9,000 employees.
Bumble Is Laying Off 30% of Its Staff: 'Our Path Forward Is Clear'
Bumble's most recent quarterly earnings report showed that revenue declined 7.7% year-over-year.
Is AI the Reason for Your Layoff? New York Becomes the First State to Require Companies to Disclose If So.
It's the first official statewide move towards understanding AI's effect on the labor market.
Amazon Lays Off Workers in Its Book Division, According to Leaked Email
The move impacted Amazon's Goodreads site and Kindle division.
Procter & Gamble Is Laying Off 7,000 Jobs. Here's What We Know.
The layoffs affect non-manufacturing jobs and will take place over the next two years.
Disney Is Laying Off Hundreds of Workers. Here's What We Know.
The layoffs span multiple divisions and will affect staff globally.
Walmart Is Laying Off 1,500 Corporate Employees: 'Reshaping Our Structure'
The layoffs affect Walmart's global technology, advertising, and e-commerce teams.
TikTok Is Laying Off Some U.S.-Based Employees This Week. Here's What We Know.
TikTok did not disclose the number of employees affected by the layoffs.
Microsoft's Mass Layoffs Affected at Least 800 in Software Engineering, According to New Documents
About one-third of the total roles cut were reportedly at Microsoft HQ in Redmond, Washington.
Everyone's Preaching 'Workforce Efficiency' — Translation: More Layoffs. Here's a Better Solution
Across-the-board job cuts make a business less efficient. To make smarter workforce decisions, companies should connect the dots between people and business results.
UPS Is Laying Off 20,000 Employees and Closing Over 70 Locations: 'Reduce Cost'
UPS announced the move as part of its first-quarter earnings report on Tuesday.
Intel Is Reportedly Cutting 20% of Its Workforce Under a New CEO
Over 21,000 roles could be affected, marking Intel's biggest layoff round yet.
Google Layoffs Affect Hundreds in Division Working on Chrome Browser, Pixel Phones
A Google spokesperson said the move would help Google run more efficiently.
Layoffs Skyrocketed to Near Pandemic Highs in March. Here Are the Industries Impacted the Most.
Layoffs increased by 60% from February to March.