Mark Zuckerberg has spent the last nine months against the ropes as his company has made big cuts to its work force and struggled to gain mainstream traction with its […]
Layoffs and Job Reductions
Trending topics and news from the Layoffs and Job Reductions category
Back to news homeAirlines and F.A.A. Try to Head Off Summer Travel Meltdowns
The number of Americans who will fly this summer could eclipse the prepandemic high from 2019. That would be great news for airlines, but it could also cause a backlash […]
U.S. Employers Added 253,000 Jobs Despite Economic Worries
The labor market is still defying gravity — for now.Employers added 253,000 jobs in April on a seasonally adjusted basis, the Labor Department reported Friday, in a departure from the […]
Meta Returns to Growth After Struggling With Falling Sales
The debate over whether Meta is in decline may become quieted, at least for now.After three straight quarters of falling revenue, Meta, the company formerly known as Facebook, reported on […]
BuzzFeeds Lays Off 15% of Staff, Shuts Down News Division
BuzzFeed is shutting down its namesake news division, which won acclaim for its journalism but fell prey to the punishing economics of digital publishing that has laid low many of […]
David’s Bridal Files for Bankruptcy for Second Time in Five Years
David’s Bridal, the retailer which boasts that it sells one out of three wedding dresses in the United States, filed for Chapter 11 bankruptcy on Monday and said it “intends […]
Mass Layoffs and Absentee Bosses Create a Morale Crisis at Meta
“Raise your hand if you know who is getting fired?” a Meta employee wrote in an online chat group for the company’s engineers this month. “Fire emoji if you think […]
California Economy Is on Edge After Tech Layoffs and Studio Cutbacks
California has often been at the country’s economic forefront. Now, as fears of a national recession continue to nag, the state is hoping not to lead the way there.While the […]
Norfolk Southern’s Push for Profits Compromised Safety, Workers Say
Norfolk Southern once had so few accidents and injuries that it won the rail industry’s prestigious E.H. Harriman safety award for 23 years in a row until it was retired […]
Disney Lays Off Ike Perlmutter, Chairman of Marvel Entertainment
The move, part of a cost-cutting campaign, followed Mr. Perlmutter’s unsuccessful effort to shake up Disney’s board. Read More