Layoffs: Page 8

Business News

Marvel Entertainment Chairman Ike Perlmutter Speaks Out For First Time Following 'Lay Off'

The former CEO stirred controversy during his nearly 30-year tenure at Marvel.

News and Trends

Amazon Lays Off Over 100 Employees From Its Gaming Division

Previously, Amazon had laid off 20,000 employees in January and 9,000 employees in March. The Jeff Bezos-led company has struggled with its gaming division and has released only two games- New World and Lost Ark.

Business News

Google Is Cutting Back on Some of Its Iconic Perks Amid Cost Cutting Initiatives

The company is using data to determine which employee extras are getting the axe.

Business News

Apple Is Reportedly Beginning a Small Round of Layoffs

The move is being positioned as a "streamlining effort."

News and Trends

Apple To Eliminate Small Number Of Jobs In Its Corporate Retail Teams: Report

The report further noted that the jobs Apple's cutting is in the division that handles building and upkeep for its retail stores, and affected employees have been told that they have until the end of the week to apply for other positions at the company

News and Trends

McDonald's Temporarily Closes US Offices And Plans Layoffs: Report

According to reports, McDonald's also asked employees to cancel all in-person meetings with vendors and other outside parties at its headquarters

News and Trends

Unacademy To Lay Off 12% Workforce, Says CEO

As per reports, this is the fourth round of layoffs, as the unicorn in November fired 350 employees or 10% of its employees

News and Trends

Disney To Begin Layoffs This Week, Says Bob Iger

The internal memo sent to employees stated that there will be three rounds of layoffs in the beginning of the week that will result in 7000 job cuts

Productivity

Alternatives to Layoffs in Tech: Maintaining a Stable Workforce

Layoffs are not always the best option and can often be detrimental to the organization as a whole. Companies can keep a steady workforce while still controlling expenses and adapting to market changes by thinking about possible alternatives to layoffs.

News and Trends

Amazon To Cut 9000 Jobs In Second Round Of Layoffs: Report

Last week, Meta announced its second round of layoffs which saw 10,000 employees lose their jobs

Business News

Laid-Off Googlers Reportedly Won't Get Paid for Previously Approved Parental Leaves — And They're Trying To Do Something About It

Employees will get the standard 16-week severance package, but not their full parental leaves.

Celebrity BIZ Experiencess

Meta Employees Interrogate Mark Zuckerberg in Town Hall Meeting

The CEO fielded tough questions from rattled staffers at an all-hands meeting.

Growing a Business

Layoffs in This Economy Don't Have To Be Inevitable If You Reevaluate Your Spending in These Areas

We're living amid the crisis. But in spite of the obvious economic slow-down, businesses can actually find a way to stay afloat, and without cutting their teams short. Here are a few practical tips on how to do it.

Business News

'Make Lists' of People to Let Go, Meta Tells Directors Ahead of Another Mass Layoff — Here's When It Will Happen

The clock's ticking as CEO Mark Zuckerberg eyes paternity leave for his third child.