August 29, 2024 Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand The Maryland-based company made headlines this summer when dozens of its products were identified in an FDA recall notice as posing a possible health risk. BY Michael Grothaus We all know that food recalls can have … Continue reading Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand
August 09, 2024 Tech and media layoffs August 2024 update: Paramount Global, Dell, LegalZoom, Axios cut jobs A number of high-profile firms in the tech and media sectors are significantly reducing their workforces. Here’s what to know. BY Michael Grothaus It hasn’t been a good month for job security in the media and tech industries as … Continue reading Tech and media layoffs August 2024 update: Paramount Global, Dell, LegalZoom, Axios cut jobs
July 31, 2024 80% of managers say they use layoffs as a soft firing, and not for cost-cutting According to a new survey, business leaders have used layoffs to head off lawsuits and avoid hurting employees’ feelings, among other reasons. BY Shalene Gupta Technically, layoffs occur because a company is cost-cutting or restructuring, and not through … Continue reading 80% of managers say they use layoffs as a soft firing, and not for cost-cutting
Dead by Daylight maker Behaviour announces its second round of layoffs this year The company is firing up to 95 workers. kris holt Tue, Jun 4, 2024 Behaviour Interactive For the second time this year, Behaviour Interactive has announced a round of layoffs. The Dead by Daylight maker says it will dismiss as many as … Continue reading Dead by Daylight maker Behaviour announces its second round of layoffs this year
May 02, 2024 Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship It’s the fifth round of staff reductions at the connected fitness company since 2021 and the second boss exit in recent years. BY Emily Price After surging in popularity during the early days of the pandemic, … Continue reading Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship
April 18, 2024 More trouble for Tesla: Layoffs, severance snafu, and a painful stock downgrade The EV maker saw its shares flirt with 52-week lows on Thursday as its troubles continued to mount. BY Ellie Stevens In an email obtained by CNBC Wednesday, Tesla CEO Elon Musk informed staffers that the severance packages sent to some … Continue reading More trouble for Tesla: Layoffs, severance snafu, and a painful stock downgrade
April 17, 2024 After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package The struggling EV carmaker is urging shareholders to vote again for the payout, which would be the largest ever awarded in corporate history, after a Delaware court nullified it in January. BY Clint Rainey With Tesla stocks trading … Continue reading After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package
April 17, 2024 Tech layoffs: Google and Rivian both cut jobs Nearly 75,000 tech employees have lost their jobs so far this year. BY Chris Morris The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. … Continue reading Tech layoffs: Google and Rivian both cut jobs
April 15, 2024 Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce The reported job cuts come at a precarious time for the company, whose shares are down more than 31% this year. BY Michael Grothaus Elon Musk has reportedly announced a round of mass layoffs at Tesla, according … Continue reading Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce
Best Buy’s Geek Squad agents say they were hit by mass layoffs this week Agents who lost their jobs this week posted on the Geek Squad subreddit, and confirmed the news to 404 Media. Cheyenne MacDonald Sat, Apr 6, 2024 REUTERS / Reuters Geek Squad agents have been flooding Reddit with images of their … Continue reading Best Buy’s Geek Squad agents say they were hit by mass layoffs this week
