“Perfectly good, brand-new furniture is just being carted off to landfills,” she said. So she created Reseat to help businesses liquidate furniture. The company uses an inventory management system that […]
Layoffs and Job Reductions
Trending topics and news from the Layoffs and Job Reductions category
Back to news homeCombating Disinformation Wanes at Social Media Giants
YouTube said it was always working to strike a balance between allowing free expression and protecting online and real-world communities from harm. Nicole Bell, a spokeswoman for the company, said […]
What Layoffs? Top Wall Street Traders Score Giant Paydays
Mr. Ericsson left Citadel in June, but he won’t start at Millennium until September. Firms like Millennium, which manages about $50 billion, are offering such enormous pay packages that traders […]
Happiness or Success? Salesforce’s Marc Benioff Doesn’t Want to Choose.
Many years ago, Thich Nhat Hanh, the Buddhist monk and spiritual leader, posed a question to Marc Benioff, the co-founder and chief executive of Salesforce.“What is more important, being successful […]
Activist Investor Nelson Peltz Ends Battle for Disney Board Seat
Behind the scenes at Disney on Thursday, senior executives were giddy. The activist investor Nelson Peltz, in a surprise morning phone call to CNBC, had ended his attempt to install […]
When Having a Baby and Losing Your Job Collide
If workers were laid off because they were on parental leave, that would be illegal — but it would be difficult to prove, Ms. Bisk explained, because the criteria companies […]
Disney To Lay Off About 7,000 Employees as It Cuts $5.5 Billion in Costs
Robert A. Iger gave Disney’s corporate critics the equivalent of a punch in the mouth on Wednesday.In his first earnings report since he came out of retirement to retake the […]
With Layoffs, Retailers Aim to Be Safe Rather Than Sorry (Again)
The retail industry is trying to figure out its correct size.Retailers, faced with sky-high demand from shoppers during the pandemic, spent the past three years ramping up their operations in […]
Remote Workers Face a Lonely Wave of Layoffs
At some companies, people noted that their teammates were far more helpful than their employers after a layoff. Shortly after losing her job at an e-commerce marketing company in November, […]
Spotify to Lay Off 6% of Its Work Force
Spotify, the audio streaming platform, is laying off 6 percent of its work force, or about 600 employees, joining a growing list of big tech companies that are cutting costs […]