layoffs

layoffs Articles

Japan's Nikkei hit a two-decade high, the Equifax data breach also leaked driver's license data, Sears Canada has gone into liquidation, and more important headlines.
It is difficult to see how Ford can meet its newly announced cost-cutting goals without "downsizing" his workforce.
Eli Lilly is cutting about 8% of its global workforce in a "streamlining and focusing" effort as part of a cost structure initiative.
Tronc has bought the New York Daily News, United Technologies bought Rockwell Collins, Elon Musk predicted what could start Word War III, and other important headlines.
GE stock added more than 2% last week, but the industrial giant hasn't given up its place as the worst performing Dow Jones Industrial Average stock for the year to date.
Disney will cut staff at its ABC television operation, Uber's new CEO predicts that company will go public sometime in the next three years, and other important headlines.
The publisher and several top editors at the Los Angeles Times have been fired, Macy's has a new president and other top headlines.
Sports gear maker Under Armour has reported a smaller than expected loss and a narrower miss on revenues for the second quarter. The company also said it will restructure, cutting about 2% of its...
France wants to end sales of gasoline and diesel powered cars, Microsoft plans to cut close to 4,000 jobs and Berkshire Hathaway will buy a huge electric energy company.
Employers announced plans to trim payrolls by more than 31,000 jobs in June, the lowest monthly total of the year, according to Challenger Gray & Christmas.
Nike is scheduled to release its fiscal fourth-quarter financial results after the markets close on Thursday.
Etsy saw its shares rise in Wednesday’s session after the company announced that it would be taking a few key initiatives in order to deliver value to shareholders, including layoffs.
The initial public offering of Saudi Aramco has been delayed, Mattel has slashed its dividend, and are the Federal Reserve's plans for future rate increases flawed?
Volkswagen has become the latest big car manufacturer to downsize in the face of stagnant global car sales and a push to have its plants be more efficient.
The number of layoffs rose last month from the same period in 2016, with retailers slashing the most jobs of any sector, according to a report Friday from Challenger, Gray & Christmas.