Tag
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. As unsold completed new-build inventory piles up and builders see their…
Nike on Thursday disclosed a new round of layoffs, this time impacting its corporate team. The move comes after president and chief executive officer Elliott Hill raised the possibility of…
Saks Global triggered another round of layoffs this week, giving pink slips to 90 employees within the luxury retailer’s commercial organization, WWD has learned. The job cuts included the…
Recent surveys show a sharp increase in college administrators complaining about the Federal Student Aid process as the Trump administration implements mass layoffs, a higher education…
“But I think it’d be going too far to say that Putin has agreed to a meeting with Zelenskiy,” Rogin added. “In fact, the Kremlin put out a statement right after this meeting and they said,…
This week’s business headlines reflected a market still finding its footing in a post-pandemic, tech-driven, politically charged economy. The themes were clear: Companies are refining…
If you feel like you’ve seen nonstop headlines about job layoffs this year, you’re not imagining things. A recent report from global outplacement and executive coaching firm Challenger,…
Indian outsourcing giant Tata Consultancy Services’ (TCS) decision to cut over 12,000 jobs signals the start of a broader AI-fuelled trend that could end up eliminating around half a…
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost workers their jobs. The reality is more complicated, with…
In the midst of an ongoing turnaround effort, Intel Corp. reported $12.9 billion in revenue as part of its second-quarter financial results on Thursday, matching year-over-year (YOY). The…
With the stroke of a pen, Missouri Governor Mike Kehoe signed off on legislation repealing the paid sick leave provision of a ballot measure that roughly 58 percent of Missourian voters…
U.S. President Donald Trump’s tariffs have begun to shrink the furniture industry, taking with it two historic names: the Howard Miller Company and Hekman, two Michigan-born firms steeped…
The State Department is set to begin firing more than 1,300 people on Friday, according to multiple sources including The New York Times, The Washington Post, and CNN, who has seen an…
Yet another company is reducing its workforce amid a broader shift toward artificial intelligence. Recruit Holdings, which owns the online jobs platforms Glassdoor and Indeed, has…
After news began circulating earlier this week that L’Oréal is considering merging its Hong Kong office with its Mainland China operations, which would result in the layoff of over 200…
The Supreme Court on Tuesday cleared the way for President Donald Trump’s plans to downsize the federal workforce despite warnings that critical government services will be lost and…
In 2025, a growing number of corporations globally have announced job cuts, as macroeconomic pressures, restructuring efforts, and shifting strategies force companies to trim their…
As summer begins and the last month of spring draws to a close, many employees in the technology industry have had their lives disrupted due to layoffs. Several tech companies have cut…
Paramount Global is cutting 3.5% of its U.S. workforce as customers switch away from traditional pay-TV bundles in today’s shifting media landscape and uncertain economy. The latest round…
Layoff announcements from U.S. employers have increased 80% to 696,309 job cuts through May of this year, compared to the 385,859 cuts announced throughout the first five months of 2024,…
U.S. consumer goods giant Procter & Gamble has announced that it will lay off 7,000 workers over the company’s next two fiscal years. The staff reductions come at a time when the…
Warner Bros. Discovery, as its cable TV business continues to shrink and viewership falls, has made targeted job cuts across its linear networks. The media conglomerate’s linear TV…
Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a source familiar with the matter said on Monday. The layoffs affect multiple…
President Donald Trump’s administration on Monday renewed its request for the Supreme Court to clear the way for plans to downsize the federal workforce, while a lawsuit filed by labor…
