Tagged Under: mass layoff
12/15/2023 / By Ethan Huff
McDonald's is going human-less in an effort to keep its top executives handsomely paid and its lower-level store employees, well, obsolete. In a...
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09/20/2023 / By Belle Carter
East Coast's largest groundfish company has filed for bankruptcy, according to records in U.S. federal court in Delaware, leaving employees without a...
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04/28/2023 / By News Editors
The biggest companies in the United States are giving the axe to hundreds of thousands of workers, but this should not come as a shock to any of...
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03/29/2023 / By News Editors
The collapse of the woke tech industry continues to accelerate this month with numerous companies announcing major layoffs and some of them on the...
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03/17/2023 / By Oliver Young
Meta CEO Mark Zuckerberg has touted 2023 as the company's "year of efficiency." That means more employees are on the chopping block. On Tuesday,...
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02/07/2023 / By Belle Carter
Logistics giant FedEx has announced the end of its SameDay City delivery service after a decade of operation. The retirement of what was dubbed as...
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02/03/2023 / By Belle Carter
Payment firm PayPal Holdings Inc. is set to cut seven percent of its workforce, or about 2,000 employees. "While we have made substantial progress...
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02/02/2023 / By Belle Carter
Many Big Tech companies have undergone massive retrenchment of employees, with analysts and industry experts pinning the blame on incorrect...
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01/20/2023 / By Arsenio Toledo
American transportation and logistics giant Ryder System Inc, commonly known as Ryder, has announced that it will be laying off 801 employees after...
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01/11/2023 / By Arsenio Toledo
Coinbase is once again slashing its workforce in response to the ongoing downturn in the cryptocurrency industry. The publicly traded...
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11/17/2022 / By Arsenio Toledo
Transportation giant FedEx's less-than-truckload delivery division, FedEx Freight, has announced that it will start furloughing an unannounced number...
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09/06/2022 / By News Editors
If you knew for certain that we were about to plunge into another massive economic downturn like we experienced during the “Great Recession”, how...
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08/24/2022 / By Arsenio Toledo
A survey has found that around 50 percent of all employers in the United States will eliminate jobs within the next 12 months. The survey was...
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08/09/2022 / By Belle Carter
The New York State Department of Financial Services (NYDFS) has issued a $30 million fine on Robinhood's crypto division over anti-money laundering...
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08/05/2022 / By News Editors
When the economy slows down, layoffs inevitably happen.  We witnessed this on a very large scale in 2008 and 2009, and now it is happening again. ...
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08/03/2022 / By Arsenio Toledo
Robinhood fired nearly a quarter of its employees a day before the company reported dismal quarterly earnings due to the collapse of cryptocurrency...
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07/15/2022 / By Kevin Hughes
Mortgage lender LoanDepot is set to sack another 2,000 employees by the end of the year as the company cuts back "to align with rapidly changing...
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