As interest rates rise and companies tighten their belts, white-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains ...
Retail led all industries last month with 14,689 job cuts, according to a new report from global outplacement and business and executive coaching firm Challenger, Gray & Christmas. That number was up ...
Confectionery group Cadbury Schweppes has warned of further cuts to its 7,000-strong UK workforce. Cadbury said it may axe jobs and close plants in the UK on top of 550 job losses and two factory ...
A debt default could cause nearly 8 million job cuts, Moody's Analytics said. As the U.S. hurtles closer to a default on its debt as early as next month, the economic consequences could prove ...
The company has said its ongoing, massive restructuring, which involves job cuts, switching to three business segments and other steps, will bring it $5.5 billion in savings. The move was ...
The third round of job cuts at the Walt Disney Co. is expected to begin on Tuesday. Sources told Deadline that over 2,500 jobs would be cut across the board during the latest job reduction wave.
White-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains why many professionals are getting the pink slip first.
The prized cloud and artificial intelligence arm of Alibaba is making significant job cuts, paving the way for the unit to go public on its own as part of the Chinese technology giant’s grand ...
The latest wave of layoffs taking place this week is expected to bring the total number of job cuts to more than 6,500, approaching the 7,000 figure previously announced by Iger. As of October 1 ...
Not long ago, tech seemed to promise more than virtually any other industry — more freedom, more perks and, for the lucky ones, more money. That made the calculus for young professionals easy.
Year to date, job cuts are up nearly 400% from the same period a year ago, led by layoffs in the tech sector, according to a recent report by outplacement firm Challenger, Gray & Christmas.
