New figures from the Labor Department show U.S. layoffs reaching their highest level in more than two years. The March Job Opening and Labor Turnover...
A shift from growth to efficiency is showing up in earnings calls across industries. With half of the S&P 500 having held calls for last...
Struggling apparel retailer Gap is cutting 1,800 jobs as it looks to reduce expenses. The company announced the layoffs in a regulatory filing Thursday (April...
First Republic Bank expects to reduce its workforce by as much as 25% in the second quarter. In its first earnings report since experiencing a...
Two digital media organizations have reportedly made job cuts. Buzzfeed is shutting its news operation and eliminating 180 jobs, while Insider is cutting 10% of...
Meta is reportedly readying layoffs that will impact its flagship social media platforms. The company told managers to be prepared for layoff announcements Wednesday (April...
A weeklong, multipart series of layoffs and other changes reportedly impacted hundreds of McDonald’s employees. As part of its restructuring, the quick-service restaurant (QSR) chain...
Apple is reportedly eliminating some retail jobs as it looks to cut costs. Until now, there were signs the tech giant was attempting to avoid...
McDonald’s is reportedly cutting corporate staff as restaurant margins take a hit amid economic stress. The quick-service restaurant (QSR) giant is closing its offices across...