Layoffs

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Sumitomo Rubber is shutting a century-old New York tire plant and laying off all 1,550 employees working there
Finance

Sumitomo Rubber is shutting a century-old New York tire plant and laying off all 1,550 employees working there

By
November 8, 2024
Rapper and entrepreneur Jay-Z at a football game in London in 2024.

Exclusive: Employees at Jack Dorsey’s Block were ordered not to discuss board member Jay-Z amid more layoffs

By
November 7, 2024
Nissan announces 9,000 job cuts and slashes sales forecast as it faces ‘severe situation’
Finance

Nissan announces 9,000 job cuts and slashes sales forecast as it faces ‘severe situation’

By Hiroshi Hiyama and AFP
November 7, 2024
A bearded Jack Dorsey at a conference in 2021.

Exclusive: Jack Dorsey’s Block plans more layoffs just days after cuts at Tidal

By
November 1, 2024
Sundar Pichai gestures with both hands to his left.
Tech

Anxious Google employees just broached cost-cutting concerns with executives—who were dressed in Halloween costumes

By
November 1, 2024
Jack Dorsey hits Tidal with another mass layoff: “We need to build like a startup again”
Tech

Jack Dorsey hits Tidal with another mass layoff: “We need to build like a startup again”

By
October 30, 2024
Woman fired after returning from maternity leave pregnant—again—gets $37,000 payout
Success

Woman fired after returning from maternity leave pregnant—again—gets $37,000 payout

By
October 30, 2024
Business people shaking hands in the office.
Tech

Job scams are climbing. Experts say to watch out for these red flags

By Adriana Morga and The Associated Press
October 28, 2024
"The Gilded Age" from HBO Max films behind the scenes in Central Park.
Success

‘We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

By
October 28, 2024
Meta’s ‘permanent’ efficiency layoffs affected about 100 employees, including engineering and business roles

Meta’s ‘permanent’ efficiency layoffs affected about 100 employees, including engineering and business roles

By
October 17, 2024
Mark Zuckerberg, chief executive officer of Meta Platforms

Meta reportedly fires staffer on $400K a year for spending $25 meal credits on toothpaste and tea

By
October 17, 2024
Fiat 500 are parked at the Mirafiori Stellantis' factory in Turin, on April 10, 2024. To meet the growing demand for electrified vehicles and the ambitious targets presented in the Dare Forward 2030 strategic plan, Stellantis and its joint venture partner, Punch Powertrain, signed a new agreement increasing production of the future-generation electrified dual-clutch transmissions (eDCT) for Stellantis hybrid and plug-in hybrid electric vehicles (PHEV).
Retail

Furloughed Italian Fiat workers are struggling to pay their mortgages amid Stellantis crisis

By
October 17, 2024
Kelly Ortberg stands near screens
Leadership

Boeing’s endless doom loop gives no respite to new CEO Ortberg

By Julie Johnsson and Bloomberg
October 13, 2024
A striking Boeing worker's sign is seen in front of a Boeing sign at a factory in Seattle.
Finance

Boeing to slash 10% of workforce, laying off 17,000 employees

By Brooke Seipel and Amanda Gerut
October 11, 2024
Northvolt unit files for bankruptcy as expansion plans halt
Finance

Northvolt unit files for bankruptcy as expansion plans halt

By Charles Daly, Rafaela Lindeberg, Niclas Rolander and Bloomberg
October 9, 2024

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