McDonald’s had said in January that it would cut jobs as part of a broader restructuring.
Walmart joins a growing list of retailers, including Amazon and Target, that are cutting costs.
Wayfair said Friday it will lay off 1,750 employees to support company-wide restructuring and cost-cutting efforts.
Crypto.com cut head count by 20%, another blow to an industry and company that grew explosively in the crypto boom but was unable to weather FTX’s collapse.
Bed Bath & Beyond is cutting jobs and seeking new outside advice as it faces the risk of bankruptcy.
Barry Silbert’s Genesis Trading reduced headcount by 30%, or 60 jobs, as the crypto lender fends off a potential bankruptcy filing after the collapse of FTX.
CNN laid off hundreds of employees across the company Thursday, the culmination of a six-month business review from new CEO Chris Licht.
Kraken, one of the world’s largest crypto exchanges, announced it is laying off 1,100 workers, or 30% of its headcount.
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