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Layoffs

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Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?
Tech
Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?
By Ryan HoggDecember 6, 2023
HR experts say you need to hire workers for their long-term potential and not just the current job opening: Find ‘that great business athlete’
Newsletters
HR experts say you need to hire workers for their long-term potential and not just the current job opening: Find ‘that great business athlete’
By Paige McGlauflin and Joey AbramsDecember 5, 2023
Spotify CEO Daniel Ek
Tech
Spotify to slash bloated headcount by 17% after CEO Daniel Ek says staff are doing too much ‘work around the work’
By Christiaan HetznerDecember 4, 2023
2023 was the year middle managers cracked under the impossible mission of pleasing 2 impossible parties: Disenchanted workers and fed-up executives
Success
2023 was the year middle managers cracked under the impossible mission of pleasing 2 impossible parties: Disenchanted workers and fed-up executives
By Chloe BergerNovember 26, 2023
Sam Altman, CEO of OpenAI, speaks to members of the press outside the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC.
Newsletters
Sam Altman’s OpenAI firing—and reinstatement—challenges a common misconception about performance metrics
By Paige McGlauflin and Joey AbramsNovember 22, 2023
Portrait of Carta CEO Henry Ward on red background with several Carta logos.
Finance
Exclusive: Unicorn Carta lays off another round of employees
By Jessica MathewsNovember 9, 2023
Citigroup CEO Jane Fraser testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC.
Finance
Citigroup boss Jane Fraser’s ‘Project Bora Bora’ could reportedly see 10% of staff laid off at the Wall Street giant
By Chloe TaylorNovember 7, 2023
Young man carrying his belongings out of his workplace
Success
The laid-off masses have a message for Mark Zuckerberg and Marc Benioff: We’ll never come back
By Jane ThierOctober 21, 2023
LendingClub, which targets consumers buried by credit card debt, isn’t doing so well itself
Finance
LendingClub, which targets consumers buried by credit card debt, isn’t doing so well itself
By Paige Smith and BloombergOctober 12, 2023
Mark Zuckerberg
Tech
Meta millennial morale improves as the La Croix flows and the corporate hoodies get touted around again
By Aisha Counts and BloombergSeptember 18, 2023
VW is cutting jobs at its German EV factory because demand is plunging
Finance
VW is cutting jobs at its German EV factory because demand is plunging
By Monica Raymunt and BloombergSeptember 14, 2023
M.M.LaFleur Founder, Sarah Miyazawa LaFleur
Success
How the CEO of a women’s wear brand reinvented the ‘new professional’ dress code dominating the workplace
By Jane ThierSeptember 6, 2023
Two work colleagues giving each other high-five to express success while sitting at their workstations
Newsletters
Tech layoffs have declined significantly—could this mark the end of the tech job recession?
By Kylie RobisonAugust 17, 2023
Stock illustration of a hand cutting a stack of dollar bills with a knife
Newsletters
Offering employees pay cuts to stave off layoffs might be easier said than done
By Paige McGlauflin and Joey AbramsAugust 17, 2023
Many workers facing a layoff would accept a 25% pay cut to keep their jobs—but 97% of bosses don’t even ask. Even the researchers are stumped why
Success
Many workers facing a layoff would accept a 25% pay cut to keep their jobs—but 97% of bosses don’t even ask. Even the researchers are stumped why
By Paolo ConfinoAugust 10, 2023
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