Layoffs
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LeadershipPharmaceutical giant Bayer is getting rid of bosses and asking nearly 100,000 workers to ‘self-organize’ to save $2.15 billion
By Orianna Rosa RoyleApril 11, 2024
NewslettersAmazon’s security chief says he would be ‘astonished’ if cybersecurity professionals are laid off due to AI
By Rachyl JonesApril 9, 2024
LeadershipMcKinsey is paying some managers up to 9 months salary to leave—Here’s when it makes sense to take the money
By Emma BurleighApril 2, 2024
By Paul Wiseman, Irina Ivanova and The Associated PressApril 2, 2024
LeadershipMcKinsey is so eager to trim staff that it’s offering some employees 9 months’ pay to go and do something else
By Orianna Rosa RoyleApril 2, 2024
FinanceThank ‘gangbuster’ corporate profits for keeping you employed and staving off the recession, top economist says
By Paolo ConfinoApril 1, 2024
SuccessThe video game world wants in on the labor movement: Sega makes history as it ratifies new union contract
By Chloe BergerMarch 28, 2024
RetailMillennial activewear brand Outdoor Voices is on the verge of bankruptcy after abruptly closing all its stores: ‘Our chairwoman was posting cat memes the day we were told’
By Jasmine LiMarch 26, 2024
SuccessStellantis uses ‘mandatory remote work day’ to cut 400 white-collar jobs: ‘It was a mass firing of everybody that was on the call’
By Steve MollmanMarch 24, 2024
TechAmazon sharply upped ‘performance improvement plans’ for workers. Then came tens of thousands of layoffs
By Paolo ConfinoMarch 20, 2024
RetailBritish Ted Baker worn by celebs including Amal Clooney and Holly Willoughby prepares to appoint administrators, risking hundreds of jobs
By Sabah Meddings, Jennifer Creery and BloombergMarch 20, 2024
FinanceBen & Jerry’s maker Unilever is spinning off its ice cream unit and slashing up to 7,500 jobs amid activist investor pressure to streamline its business
By Prarthana PrakashMarch 19, 2024
FinanceStruggling Metro Bank to cut 1000 employees and slash its opening hours as it looks to find $38.4 million in savings
By Leonard Kehnscherper and BloombergMarch 13, 2024
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