Bed Bath & Beyond is cutting jobs and seeking new outside advice as it faces the risk of bankruptcy.
Disney CEO Bob Iger told hybrid employees on Monday they must return to corporate offices four days a week starting March 1.
Goldman CEO David Solomon kicked off Wall Street’s layoff season in September and then opted to enact the industry’s deepest cuts so far.
Salesforce is cutting 10% of its personnel and reducing some office space as part of a restructuring plan, the company announced Wednesday.
A new report finds that, despite inflation and mass layoffs, employees still expect holiday bonuses this year–and they might quit if they don’t get one.
Google has released new details of its performance system overhaul internally, and it shows employees will more easily fall into lower-rated categories.
Since the mass Twitter layoffs, former employees have been meeting on the app to connect and heal together: “Having a sense of community” helps, they say.
Last year Marc Benioff, Salesforce’s co-founder and CEO, said people could work very productively at home. Now he’s saying newer employees are having issues.
The planning is ongoing, and the round could be smaller than that, according to the person, who declined to be identified speaking about personnel decisions.
Members of Meta’s Sourcer Development Program allege they are receiving inferior severance packages compared to other full-time workers.
Kraken, one of the world’s largest crypto exchanges, announced it is laying off 1,100 workers, or 30% of its headcount.
The CEO and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years ago, one report said.
Carvana plans to lay off about 1,500 people, or 8% of its workforce, following a freefall in the company’s stock, according to an message obtained by CNBC.
Amazon plans to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New York Times.
Musk also invited employees who have returned to the San Francisco office, and who survived last week’s 50% reduction in workforce, to come visit with him.
Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg told employees on Wednesday.
Deal cycles have been lengthening as top executives weigh in to be more careful about spending, Salesforce co-CEO Marc Benioff said in August.
The layoffs are commencing just days after Tesla and SpaceX CEO Elon Musk took control of Twitter.