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Layoffs

Page 25 of 64
Elon Musk
Tech
Tesla slashes its summer internship program to cut costs, as Elon Musk fights to save his $45 billion pay plan
By Dana Hull, Kara Carlson and BloombergMay 1, 2024
Tesla CEO Elon Musk
Tech
Elon Musk reportedly sacked Tesla’s entire Supercharger team, including his top female manager
By Christiaan HetznerApril 30, 2024
Spotify's CEO and Co-Founder Daniel Ek (L) joins author and comedian Trevor Noah to discuss the future of storytelling at Spotify Beach
Tech
Spotify CEO Daniel Ek surprised by how much laying off 1,500 employees negatively affected the streaming giant’s operations
By Ryan HoggApril 23, 2024
Elon Musk waves his hand
Tech
Tesla guts newly formed marketing team despite investors demanding greater focus on ads as EV sales slow
By Edward Ludlow and BloombergApril 22, 2024
John Donahoe
Retail
Hundreds of staffers laid off at Nike, as second-round cuts hit Oregon headquarters
By Kim Bhasin, Leslie Patton and BloombergApril 19, 2024
Businesswoman shaking hands to close a deal with clients in the office
Tech
British unions want new law to stop firms from using AI to spot facial expressions and tone of voice as part of hiring decisions
By Ryan HoggApril 18, 2024
Sachin Dev Duggal founder of Builder.ai at Fortune Brainstorm AI London on April 16, 2024.
Tech
ChatGPT-style AI bots have ‘lit a fire in boardrooms’ and it’s all thanks to slick design, says AI unicorn ‘chief wizard’
By Orianna Rosa RoyleApril 18, 2024
Mati Staniszewski
Newsletters
AI leaders tackle tough questions at Fortune Brainstorm AI London
By Sharon GoldmanApril 16, 2024
Tesla will cut over 10% of its global workforce—some 14,000 employees—in face of slowing EV demand
Tech
Tesla will cut over 10% of its global workforce—some 14,000 employees—in face of slowing EV demand
By Dana Hull and BloombergApril 15, 2024
Best Buy
Retail
‘Geek Squad is a sinking ship’: Best Buy workers reel from mass layoff
By Eoin Higgins, IT Brew and Morning BrewApril 12, 2024
Bill Anderson, chief executive officer of Bayer
Leadership
Pharmaceutical giant Bayer is getting rid of bosses and asking nearly 100,000 workers to ‘self-organize’ to save $2.15 billion
By Orianna Rosa RoyleApril 11, 2024
Amazon’s security chief says he would be ‘astonished’ if cybersecurity professionals are laid off due to AI
Newsletters
Amazon’s security chief says he would be ‘astonished’ if cybersecurity professionals are laid off due to AI
By Rachyl JonesApril 9, 2024
Employer and employee agree after negotiation.
Leadership
McKinsey is paying some managers up to 9 months salary to leave—Here’s when it makes sense to take the money
By Emma BurleighApril 2, 2024
Two men pass by a “join our team” sign in Los Angeles
Finance
Despite rumors of a job-market slowdown, hiring and job openings stayed steady in February
By Paul Wiseman, Irina Ivanova and The Associated PressApril 2, 2024
Businesswoman updating her CV
Leadership
McKinsey is so eager to trim staff that it’s offering some employees 9 months’ pay to go and do something else
By Orianna Rosa RoyleApril 2, 2024
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Success
'Skills nobody can take': Meet a 20-year-old with a 4.5 GPA who skipped college for technical school to land an 'AI-proof' careerplaceholder alt text
By Muskaan ArshadSeptember 22, 2026
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeSeptember 20, 2026
Middle East
China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment schemeplaceholder alt text
By Jason MaSeptember 21, 2026
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