Layoffs: Page 2
Morgan Stanley Plans to Lay Off 2,000 Workers, Replacing Some with AI
Morgan Stanley's planned job cuts are both performance and AI-based.
Goldman Sachs Asks Some Managers to Move From Major Hubs Like New York City to Emerging Regions Like Dallas — Or Quit
Goldman Sachs is also expected to cut around 3% to 5% of its 46,500-person workforce in the coming months.
The IRS Is Reportedly Planning to Cut Up to 45,000 Workers — Half of Its Workforce
The cuts include reductions from layoffs, buyouts, and attrition.
HP Is Laying Off Up to 2,000 Employees 'All Over the Company'
HP is aiming to save $300 million through job cuts by October.
'Necessary Change': Starbucks Is Laying Off 1,100 Corporate Workers and Eliminating Open Roles — Read the Memo
The workers who are being laid off will be told by midday on Tuesday, Feb. 25.
Meta Confirms It Is Doubling Executives Bonuses to 'Motivate' and 'Reward Them' a Week After Layoffs
Meta executives can now make bonuses valued at up to 200% of their base salaries.
UnitedHealthcare Offers Employees Voluntary Buyouts to Meet 'Evolving Needs'
The health insurance giant could resort to layoffs if it doesn't meet resignation quotas with buyouts.
'Unprecedented in Our 53-Year History': Southwest Airlines Announces Its First Mass Layoffs Ever
The airline is eliminating 15% of its corporate workforce, including many in senior leadership positions.
Jeff Bezos' Blue Origin Is Laying Off 1,400 Employees: 'No Easy Way to Communicate This'
The cuts will affect around 10% of its workforce.
Chevron Announces Layoffs Affecting Up to 8,000 Workers: 'Stronger Long-Term Competitiveness'
The oil producer said the layoffs are part of a cost-cutting initiative.
'Scarlet Letter on Our Backs': Meta Says Its Job Cuts Targeted 'Low Performers,' But Some Terminated Workers Have a 'Solid' Track Record
Job cuts affected about 3,600 Meta employees globally.
Meta Informs Staff that Layoffs Will Begin Monday Morning in a Now-Leaked Internal Memo
Have a good weekend, Meta employees!
'I Didn't Know What I Was Doing': PayPal's Cofounder Says When It Comes to Layoffs, CEOs Should Help Employees Pack Their Boxes
Max Levchin, cofounder of PayPal and CEO of Affirm, shares what he believes is the most decent way to handle the unpleasant task of carrying out layoffs.
A Human Resources Software Company Used By Most Fortune 500 Companies Is Laying Off 8.5% of Its Workforce
Workday is laying off 1,750 roles.
Google Is Offering a 'Voluntary Exit' For Some Employees After a Petition Signed by 1,400 Googlers Calls For Job Security
The buyouts apply to U.S. employees in Google's platforms and devices division.