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Layoffs

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One manufacturing giant has avoided layoffs for 70 years and still earns billions
NewslettersOne manufacturing giant has avoided layoffs for 70 years and still earns billions
By Sheryl Estrada and Geoff ColvinJuly 24, 2023
Welder cutting track rail with an oxy-acetylene cutting torch.
LeadershipA $12 billion manufacturing powerhouse has avoided layoffs for 70 years while dominating its industry—but good luck replicating its formula
By Geoff ColvinJuly 19, 2023
Changpeng Zhao, founder and CEO of Binance, speaks on stage during a 2022 conference in Portugal.
CompaniesBinance reportedly lays off over 1,000 employees as top crypto exchange grapples with SEC lawsuit and looming DOJ investigation
By Ben WeissJuly 14, 2023
Robot chatbot on computer
LeadershipCEO slammed for replacing 90% of his company’s support staff with an A.I. chatbot—then bragging about it on Twitter
By Orianna Rosa RoyleJuly 12, 2023
woman using tablet
SuccessThe ‘A.I. premium’ is the secret to outearning your peers, says a startup exec who tracks tech salaries—and layoffs
By Jane ThierJuly 10, 2023
Elon Musk
TechElon Musk sends fired Twitter employees to arbitration, then he just doesn’t show up, new lawsuit claims
By Joel Rosenblatt and BloombergJuly 3, 2023
Alex Soros attends The 24th Annual Watermill Center Summer Benefit & Auction at The Watermill Center on July 29, 2017 in Water Mill, New York.
LeadershipGeorge Soros’s foundation cuts 40% of staff just 1 month after 92-year-old billionaire handed his empire over to his millennial son
By Chloe TaylorJuly 3, 2023
Jeff Van Gundy
LifestyleDisney swings the layoff axe and takes out ESPN veterans including Jeff Van Gundy and Suzy Kolber
By Joe Reedy and The Associated PressJuly 1, 2023
High-trust cultures at the Best Workplaces in Chicago, Texas, New York, and Bay Area fuel productivity and agility 
SuccessHigh-trust cultures at the Best Workplaces in Chicago, Texas, New York, and Bay Area fuel productivity and agility 
By Roula Amire and Great Place To WorkJune 21, 2023
Photo of Marc Benioff
TechSlack wants to rehire former staff to fuel its generative A.I. ambitions less than six months after layoffs
By Kylie RobisonJune 20, 2023
Changpeng Zhao speaks virtually during a conference in Hong Kong.
CompaniesBinance’s U.S. subsidiary lays off about 50 employees, cites ‘costly litigation process’
By Ben WeissJune 15, 2023
U.S. workforce data is behind the times. It’s time to measure what matters most to the American people
CommentaryU.S. workforce data is behind the times. It’s time to measure what matters most to the American people
By Rachel Korberg and Jenny WeissbourdJune 12, 2023
The Los Angeles Times is cutting 74 jobs and 13% of newsroom positions as a top editor says they must do more to become a ‘self-sustaining enterprise’
SuccessThe Los Angeles Times is cutting 74 jobs and 13% of newsroom positions as a top editor says they must do more to become a ‘self-sustaining enterprise’
By The Associated PressJune 7, 2023
Multi-round layoffs come at a high cost. Here’s what the survivors have to deal with
CommentaryMulti-round layoffs come at a high cost. Here’s what the survivors have to deal with
By Jennifer DulskiJune 7, 2023
Amazon is unfazed by remote workers protesting its return-to-office mandate: ‘There’s more energy, collaboration, and connections happening’
TechAmazon is unfazed by remote workers protesting its return-to-office mandate: ‘There’s more energy, collaboration, and connections happening’
By Steve MollmanJune 4, 2023
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