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Tag Archives: Layoffs

Intel confirms layoffs as it tries to ‘make engineers more productive’

  Intel confirms layoffs as it tries to ‘make engineers more productive’ An unspecified number of people will lose their jobs as the company looks to cut out middle management. kris holt   Fri, Apr 25, 2025   Reuters / Reuters Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve … Continue reading Intel confirms layoffs as it tries to ‘make engineers more productive’

Joann, Rite Aid, JCPenney, and other store closings contribute to a 274% surge in retail layoffs in 2025

June 05, 2025 Joann, Rite Aid, JCPenney, and other store closings contribute to a 274% surge in retail layoffs in 2025 BY Natasha Etzel Layoff announcements from U.S. employers have increased 80%, to 696,309 job cuts, through May of this year. That’s in comparison with the 385,859 cuts announced throughout the first five months of 2024, … Continue reading Joann, Rite Aid, JCPenney, and other store closings contribute to a 274% surge in retail layoffs in 2025

DOGE is demanding ‘wins’ from this elite government tech group—while promising major layoffs

March 19, 2025 DOGE is demanding ‘wins’ from this elite government tech group—while promising major layoffs BY Mark Sullivan Technology Transformation Services (TTS), a high-tech consulting group housed within the General Services Administration (GSA), is tasked with helping agencies modernize their internal systems and public-facing websites. In the past, the group has had the resources and … Continue reading DOGE is demanding ‘wins’ from this elite government tech group—while promising major layoffs

By the numbers: Trump and Musk’s layoffs at U.S. agencies

February 19, 2025 By the numbers: Trump and Musk’s layoffs at U.S. agencies Here are details on some of the layoffs at federal departments and agencies. BY Reuters U.S. President Donald Trump and billionaire Elon Musk, one of his closest advisers, have mounted a sweeping campaign to slash the size of the 2.3 million-strong federal workforce, … Continue reading By the numbers: Trump and Musk’s layoffs at U.S. agencies

Google will let platforms and devices employees leave voluntarily prior to layoffs

  Google will let platforms and devices employees leave voluntarily prior to layoffs The company is offering them a severance package, but they only have until February 20 to sign up. mariella moon   Sat, Feb 1, 2025   GLENN CHAPMAN via Getty Images Google has given US employees in the Platforms and Devices team … Continue reading Google will let platforms and devices employees leave voluntarily prior to layoffs

Meta rebranded performance-based layoffs as ‘non-regrettable attrition’

January 17, 2025 Meta rebranded performance-based layoffs as ‘non-regrettable attrition’ The tech giant is cutting thousands of employees in a round of performance-based layoffs. Here’s why that could cost Meta, say some experts. BY Pavithra Mohan When Meta broke the news of layoffs to employees this week—on the heels of major changes to its content moderation … Continue reading Meta rebranded performance-based layoffs as ‘non-regrettable attrition’

Europe’s auto companies plan plant closures and layoffs

Stellantis and Valeo are among the auto companies that flagged layoffs and site closures announced in recent months. BY Reuters A slew of automotive companies have recently announced plant closures and big layoffs in Europe as they struggle with weak demand, high production costs, competition from Chinese rivals, and slower-than-expected electric vehicle transition. Below are some … Continue reading Europe’s auto companies plan plant closures and layoffs

Tech layoffs continue in October 2024 as Dropbox, Tidal, Meta, and other high-profile companies cut jobs ahead of the holidays

October 31, 2024 Tech layoffs continue in October 2024 as Dropbox, Tidal, Meta, and other high-profile companies cut jobs ahead of the holidays Crypto exchange Kraken and online course giant Coursera were also among the firms to cut jobs. The good news is, tech layoffs in general appear to be on the decline. BY Michael Grothaus3 … Continue reading Tech layoffs continue in October 2024 as Dropbox, Tidal, Meta, and other high-profile companies cut jobs ahead of the holidays

Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand

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