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Layoffs

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Fearing social media backlash, companies are using all kinds of euphemisms to avoid being straightforward about layoffs. ‘Jargon monoxide’
Leadership
Fearing social media backlash, companies are using all kinds of euphemisms to avoid being straightforward about layoffs. ‘Jargon monoxide’
By Charlotte Hampton and BloombergFebruary 10, 2024
Layoffs
Tech
Over 4,000 workers have lost their jobs to AI since May, outplacement firm estimates—and that’s ‘certainly undercounting’
By Jo Constantz and BloombergFebruary 8, 2024
Tesla CEO Elon Musk
Tech
Elon Musk reportedly quizzed Tesla managers on which staff could be fired—the last time he did that it didn’t end well for Twitter employees
By Christiaan HetznerFebruary 8, 2024
Tech valuations are at a 10-year low–but optimism should be at a 5-year high. Here’s why
Commentary
Tech valuations are at a 10-year low–but optimism should be at a 5-year high. Here’s why
By Ryan HinkleFebruary 5, 2024
Two coworkers sit at a desk in an office. Both look upset.
Newsletters
Employee confidence in business hits a new low as workers stress over layoffs and hiring freezes
By Paige McGlauflin and Emma BurleighFebruary 5, 2024
Cubicle worker
Finance
The huge tech and media layoffs are outliers: Blockbuster job growth shows certain sectors over-hired in pandemic
By Christopher Rugaber and The Associated PressFebruary 3, 2024
Mark Zuckerberg speaks during the Meta Connect event in Menlo Park.
Tech
Meta stock surges 20% as Mark Zuckerberg’s ‘year of efficiency’ becomes permanent: He plans to ‘keep things lean’ and slow hiring
By Marco Quiroz-GutierrezFebruary 2, 2024
Amazon CEO Andy Jassy onstage at the 2021 GeekWire Summit
Tech
Amazon is more profitable than ever after a year of mass layoffs
By Jason Del ReyFebruary 1, 2024
Jimmy Finkelstein
Finance
Journalism’s apocalyptic January ends with sudden shutdown of The Messenger, throwing 300 more out of work
By The Associated PressFebruary 1, 2024
Photo of a UPS truck
Success
UPS delivers 12,000 job cuts to management months after historic deal for unionized drivers—yet another sign the pendulum is swinging toward blue-collar workers
By Chloe BergerJanuary 30, 2024
Elon Musk and the X app
Newsletters
Elon Musk’s X won’t benefit from the tech talent that’s recently become available through layoffs
By David MeyerJanuary 30, 2024
Person walking out of Salesforce headquarters
Tech
Salesforce slashes 700 jobs, adding to brutal string of 2024 tech layoffs
By Brody Ford and BloombergJanuary 26, 2024
CEO of Levi Strauss
Retail
Levi Strauss to cut up to 15% of corporate workforce in ‘productivity initiative,’ shares slump
By Olivia Rockeman and BloombergJanuary 25, 2024
Microsoft to lay off 1,900 video-game workers including employees at its $69 billion purchase Activision Blizzard
Tech
Microsoft to lay off 1,900 video-game workers including employees at its $69 billion purchase Activision Blizzard
By Jason Schreier and BloombergJanuary 25, 2024
LA Times union
Success
LA Times to cut over 20% of newsroom. Union decries ‘dark day’ that could have been even worse
By The Associated PressJanuary 24, 2024
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