layoffs

layoffs Articles

As the cereal business continues to suffer, so does the Kellogg workforce. Several hundred people were laid off as the company shutters some of its shipping centers.
Ford CEO Mark Field's plans have not impressed investors — again. He laid off 1,400 of the company's salaried workers in Asia and North America. Ford's stock promptly hit a 52-week low.
Why, if Ford cuts 10% of its worldwide workforce, does CEO Mark Fields, who caused the company's problems in the first place, keep his job and his salary?
Among America's eight most troubled large retailers, nearly 1 million jobs are at stake as the industry continues to collapse in on itself, damaged by sales that have continued to dive, largely due...
IBM has begun laying off staff at its Research Triangle Park campus in Durham, North Carolina, and more cuts are anticipated in the UK and, perhaps, elsewhere.
GoPro saw its shares hit an all-time low on Wednesday, but now shares have spectacularly bounced back after the camera company provided a business update.
Toys"R"Us has cut as much as 15% of its headquarter staff, which equates to roughly 250 people. It joins many large retailers that have been the victims of slow holiday sales and losses of business...
The unit of the Alphabet that mostly controls Google Fiber is getting a new CEO but in the process is also releasing a few hundred employees. Google Fiber will be heading in an entirely new...
Shutterfly released a disappointing fourth-quarter earnings report after the markets closed on Wednesday, and shares tanked early Thursday.
It's a simple question, presumably with a simple answer. How many of its American employees has IBM fired in the past year? Or two? Or five?
Theranos's woes are a nearly perfect storm of loss of faith in its products, loss of faith in management, soured partnerships, angry investors and lawsuits.
Incentives alone won't sell cars, sport utility vehicles and pickups, and that means that carmakers are going to have to take steps to reduce inventories, and the traditional method for doing that is...
GM has just laid off 1,300 workers as demand slows for its small sedans and coupes. GM factory workers have reason to continue to worry about employment in 2017.
The holidays are a particularly cruel time to lay off people, or to tell them they will be laid off soon. That has not stopped a number of companies from doing so.
Boeing let slip that it would almost certainly reduce staff at its commercial airline division next year. Layoffs announced, or signaled, just before the holidays are particularly cruel.