News
White House tells agencies to prepare for mass layoffs, firings if there is a shutdown next week
The White House's budget office has sent a memo to federal agencies telling them to prepare for mass layoffs in case Congress fails to…
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layoffs
Business
Oracle stock is soaring today despite an earnings miss and recent layoffs. Its CEO thanks a ‘who’s who of AI’
Oracle Corp. started September by making headlines for layoffs. Then, on Tuesday, September 9, it reported first-quarter financial results…
Business
Homebuilder layoffs rise—especially in Texas and Florida—as housing market shifts
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. As unsold completed…
Business
Saks Global Cuts 90 Positions in Latest Cost Reduction Maneuver
Saks Global triggered another round of layoffs this week, giving pink slips to 90 employees within the luxury retailer’s commercial…
Business
Survey finds Federal Student Aid complaints surging amid federal layoffs
Recent surveys show a sharp increase in college administrators complaining about the Federal Student Aid process as the Trump…
News
In Wake of Trump Tariffs, John Deere Announces Mass Layoffs
“But I think it’d be going too far to say that Putin has agreed to a meeting with Zelenskiy,” Rogin added. “In fact, the Kremlin put out a…
Business
This week in business: Big perks, big layoffs, and a few PR face-plants
This week’s business headlines reflected a market still finding its footing in a post-pandemic, tech-driven, politically charged economy.…
Business
Tata Consultancy Services layoffs herald AI shakeup of US$283 billion outsourcing sector
Indian outsourcing giant Tata Consultancy Services’ (TCS) decision to cut over 12,000 jobs signals the start of a broader AI-fuelled trend…
Business
Tech CEOs may point to AI for layoffs, but the reality is complicated
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost workers their…
Business
Intel’s CEO just revealed why more layoffs are coming. His memo shows the grim impact of course correction
In the midst of an ongoing turnaround effort, Intel Corp. reported $12.9 billion in revenue as part of its second-quarter financial…
News
Trump’s First Layoffs After Massive Supreme Court Victory Are Here
With the stroke of a pen, Missouri Governor Mike Kehoe signed off on legislation repealing the paid sick leave provision of a ballot…
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Trump Tariffs Hit America’s Furniture Heartland as Howard Miller Company Announces Closure
U.S. President Donald Trump’s tariffs have begun to shrink the furniture industry, taking with it two historic names: the Howard Miller…
News
State Department layoffs begin Friday with 1,300 job cuts. Here’s the breakdown
The State Department is set to begin firing more than 1,300 people on Friday, according to multiple sources including The New York Times,…
Business
Glassdoor and Indeed layoffs: Job sites slash jobs amid shift toward AI
Yet another company is reducing its workforce amid a broader shift toward artificial intelligence. Recruit Holdings, which owns the online…
Business
L’Oréal Denies Claims Of Hong Kong Office Closure, Layoffs
After news began circulating earlier this week that L’Oréal is considering merging its Hong Kong office with its Mainland China…
News
Supreme Court greenlights Trump’s mass federal layoffs
The Supreme Court on Tuesday cleared the way for President Donald Trump’s plans to downsize the federal workforce despite warnings that…
Business
From banks to tech: Job cuts and layoffs for 2025
In 2025, a growing number of corporations globally have announced job cuts, as macroeconomic pressures, restructuring efforts, and…
Business
What are voluntary layoffs?
Adding the word “voluntary” in front of separation, retirement, and severance packages seem to be the new, empathetic way for companies to…
Business
Paramount layoffs: TV and movie giant cuts 3.5% of U.S. workforce ahead of merger with Skydance Media, citing uncertain economy
Paramount Global is cutting 3.5% of its U.S. workforce as customers switch away from traditional pay-TV bundles in today’s shifting media…
Business
Joann, Rite Aid, JCPenney, and other store closings contribute to a 274% surge in retail layoffs in 2025
Layoff announcements from U.S. employers have increased 80%, to 696,309 job cuts, through May of this year. That’s in comparison with the…
Business
Job openings ticked up more than anticipated in April, as layoffs also rose
Job openings saw an unexpected rise for the month of April. According to data from the Bureau of Labor Statistics, available jobs rose by…
Business
Disney announces hundreds of global layoffs. Here are the teams that will be affected
Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a source familiar with the…
News
Trump administration asks Supreme Court to allow federal layoffs
President Donald Trump’s administration on Monday renewed its request for the Supreme Court to clear the way for plans to downsize the…
Business
LinkedIn cuts 281 workers in California as tech layoffs continue
LinkedIn, the professional social network where people search for work, is shedding jobs. The Microsoft-owned tech company has cut 281…