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Layoffs

Page 29 of 64
Amazon set to lay off 35% of its staff at streaming platform Twitch, still unprofitable 9 years after its acquisition
Tech
Amazon set to lay off 35% of its staff at streaming platform Twitch, still unprofitable 9 years after its acquisition
By Cecilia D'Anastasio and BloombergJanuary 10, 2024
Larry Fink
Finance
$9 trillion Wall Street giant BlackRock to cut 600 jobs as CEO Larry Fink sees ‘industry changing faster than at any time since the founding’
By Silla Brush and BloombergJanuary 9, 2024
Stressed-looking businesswoman in front of her laptop screen
Leadership
Say goodbye to that bonus: Workers are set to take home less as companies tighten their belts
By Trey WilliamsDecember 18, 2023
Employee at a General Motors facility
Success
GM to ‘rip off the Band Aid and significantly cut costs’ by laying off 1,300 workers amid its transition to EVs
By Paolo ConfinoDecember 15, 2023
Josh Silverman talking on stage
Retail
Etsy CEO turns to sailing metaphor to rally workers after laying off 225 just before the holidays: ‘The waters may be rough right now, but there’s no other ship I’d rather be on’
By Orianna Rosa RoyleDecember 14, 2023
Bosses are using tougher performance reviews to cut workforce without layoffs because employees aren’t quitting
Leadership
Bosses are using tougher performance reviews to cut workforce without layoffs because employees aren’t quitting
By Trey WilliamsDecember 13, 2023
Transformers maker Hasbro slashes 1,100 jobs ahead of holiday season as its low sales streak proves ‘more persistent than planned’
Finance
Transformers maker Hasbro slashes 1,100 jobs ahead of holiday season as its low sales streak proves ‘more persistent than planned’
By Thomas Buckley and BloombergDecember 11, 2023
The Spotify logo is being displayed on a smartphone with a Spotify layoff icon in the background
Tech
Spotify’s CFO cashed in $9 million worth of stock after mass layoffs—now he, too, is out of a job
By Christiaan HetznerDecember 8, 2023
Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?
Tech
Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?
By Ryan HoggDecember 6, 2023
HR experts say you need to hire workers for their long-term potential and not just the current job opening: Find ‘that great business athlete’
Newsletters
HR experts say you need to hire workers for their long-term potential and not just the current job opening: Find ‘that great business athlete’
By Paige McGlauflin and Joey AbramsDecember 5, 2023
Spotify CEO Daniel Ek
Tech
Spotify to slash bloated headcount by 17% after CEO Daniel Ek says staff are doing too much ‘work around the work’
By Christiaan HetznerDecember 4, 2023
2023 was the year middle managers cracked under the impossible mission of pleasing 2 impossible parties: Disenchanted workers and fed-up executives
Success
2023 was the year middle managers cracked under the impossible mission of pleasing 2 impossible parties: Disenchanted workers and fed-up executives
By Chloe BergerNovember 26, 2023
Sam Altman, CEO of OpenAI, speaks to members of the press outside the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC.
Newsletters
Sam Altman’s OpenAI firing—and reinstatement—challenges a common misconception about performance metrics
By Paige McGlauflin and Joey AbramsNovember 22, 2023
Portrait of Carta CEO Henry Ward on red background with several Carta logos.
Finance
Exclusive: Unicorn Carta lays off another round of employees
By Jessica MathewsNovember 9, 2023
Citigroup CEO Jane Fraser testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC.
Finance
Citigroup boss Jane Fraser’s ‘Project Bora Bora’ could reportedly see 10% of staff laid off at the Wall Street giant
By Chloe TaylorNovember 7, 2023
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