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Layoffs

Page 21 of 64
"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 Chloe BergerOctober 27, 2024
Meta’s ‘permanent’ efficiency layoffs affected about 100 employees, including engineering and business roles
AI
Meta’s ‘permanent’ efficiency layoffs affected about 100 employees, including engineering and business roles
By Kali HaysOctober 17, 2024
Mark Zuckerberg, chief executive officer of Meta Platforms
Big Tech
Meta reportedly fires staffer on $400K a year for spending $25 meal credits on toothpaste and tea
By Eleanor PringleOctober 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 Ryan HoggOctober 17, 2024
Kelly Ortberg stands near screens
Leadership
Boeing’s endless doom loop gives no respite to new CEO Ortberg
By Julie Johnsson and BloombergOctober 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 GerutOctober 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 BloombergOctober 9, 2024
A man in a button down t-shirt sits on stage
Newsletters
Initialized Capital’s recent layoffs are part of a much larger (and longer) cycle
By Allie GarfinkleOctober 7, 2024
Two engineers at work
Success
Gen Z is breaking into the trade sector as college disillusionment rises
By Chloe BergerOctober 1, 2024
Disney logo is seen in New York City
Leadership
Disney lays off hundreds in cost cutting measure
By Thomas Buckley and BloombergSeptember 25, 2024
A laid-off Foot Locker employee shorted the stock and made over $100,000, authorities say
Retail
A laid-off Foot Locker employee shorted the stock and made over $100,000, authorities say
By Amanda GerutSeptember 24, 2024
Amazon’s new RTO mandate is ‘a triumph of traditional management over innovative management,’ says former Google exec
Success
Amazon’s new RTO mandate is ‘a triumph of traditional management over innovative management,’ says former Google exec
By Chloe BergerSeptember 19, 2024
The image shows a protest scene in front of a Boeing facility, with large Boeing logos visible on the building. In the foreground, multiple signs held by union members are visible, with one prominently displaying “On Strike Against Boeing” in bold red letters. The strike appears to be organized by the Machinists Union, with additional signs in the background. The industrial setting and signage emphasize the labor protest against the aerospace company.
Finance
Boeing considers temporary layoffs to save cash during strike
By David Koenig, Lindsey Wasson and BloombergSeptember 16, 2024
Montana miner laying off 700 as price for metal used in catalytic converters collapses
Finance
Montana miner laying off 700 as price for metal used in catalytic converters collapses
By The Associated PressSeptember 13, 2024
Verizon logo is seen on a store in Manhattan, New York City.
Finance
Verizon to eliminate almost 5,000 employees in nearly $2 billion cost-cutting move
By Molly Schuetz and BloombergSeptember 12, 2024
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