Zuckerberg says Meta will lay off more 'low-performers'Meta is aggressively improving performance management by quickly letting go of low performers to enhance their technology teams.
REI Shutters Experience Division Known for Excursions, Tours, and More after 40 YearsREI Co-op is closing its Experiences division due to financial difficulties, affecting employees and customers alike.
Exclusive: Inside the wild fall and last-minute revival of Bench, the VC-backed accounting startup that imploded over the holidaysBench abruptly shut down amid tax season, leaving customers and employees shocked and without prior notice or support.
AI Won't Replace You, But It Will Change How You Design-Here's How To Adapt!AI's increasing role in design is leading to significant layoffs in the industry, regardless of individual performance.
Intel to spin-off Foundry in an attempt to regain profitabilityIntel is spinning off its chipmaking division to enhance capital efficiency and streamline operations.
Centric reorganizes and cuts jobs: will this end the turmoil?Centric is simplifying its organizational structure to reduce costs and merge divisions, impacting 1,900 employees in the Netherlands.
Intel to spin-off Foundry in an attempt to regain profitabilityIntel is spinning off its chipmaking division to enhance capital efficiency and streamline operations.
Centric reorganizes and cuts jobs: will this end the turmoil?Centric is simplifying its organizational structure to reduce costs and merge divisions, impacting 1,900 employees in the Netherlands.
Canada Post says it has been temporarily laying off striking workers | CBC NewsCanada Post is accused of laying off striking workers, which violates the Canada Labour Code.
Northvolt pays Swedish tax bill by deadline on 'day of destiny'Northvolt successfully paid its tax bill, avoiding immediate bankruptcy risks, while negotiations for a significant financial aid package remain ongoing.
TikTok just laid off hundreds from its global workforce. Here's whyTikTok is laying off hundreds of employees globally as part of a strategic shift towards increased AI usage in content moderation.
Top Biglaw Firm Closing 3 Offices, Laying Off Attorneys And StaffHogan Lovells is closing three offices to focus on key markets, not due to economic reasons.
More layoffs coming for employees who worked at Ontario Science Centre | CBC NewsThe Ontario Science Centre is undergoing layoffs amid its planned relocation to a temporary site, affecting numerous employees who are distressed by the situation.
from Le Monde.fr4 months agoIn the US, remote workers are the first to go when companies downsizeRemote employees face a higher risk of job cuts due to proximity bias compared to in-office workers, especially after the pandemic.
Goldman Sachs cutting several hundred employees in annual cull of low performersGoldman Sachs is laying off hundreds of employees as part of its annual performance review and aims to hire more staff by year-end.
COVID-19 test maker Cue Health once worth $2.3B lays off entire company and shuts downCue Health, a San Diego biotech firm supplying COVID-19 test kits, shut down due to FDA warning on false results, resulting in employee layoffs.
Berkeley Unified approves staff layoffs as state budget tightensBerkeley Unified School District approved layoffs of roughly 20 employees due to budget constraints, with a focus on auxiliary staff rather than teachers.
Possibility Space Shuts Down, Founder Blames LeaksPossibility Space studio shut down due to leaks about Project Vonnegut, leading to game cancellation and employee layoffs.