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Businesses sometimes need to shed staff. But that doesn’t mean those cuts need to be sloppy or cruel.

So far in 2025, companies have announced 744,308 job cuts—the most at this point in the year since the pandemic.

WMG will reduce headcount by $170 million, CEO Robert Kyncl wrote in a memo to WMG staff on Tuesday, as part of an effort to ...

Recent statements from firms like Amazon, Shopify, British Telecom, Duolingo, and Klarna suggest that automation is reducing ...

Harvard is pulling from a far smaller pool of money for day-to-day operations than it’s used to.

Intel has initiated a round of layoffs following plans confirmed by the firm this April. As reported by IT publication CRN, the company issued a WARN notice that "roughly 107 employees" connected ...

Bumble (BMBL) was rising as the online dating and social networking platform announced an ~30% reduction in its workforce and an upward revision of its Q2 revenue and adjusted EBITDA guidance.

PHILADELPHIA (AP) — Online dating platform Bumble plans to lay off about 240 employees, or roughly 30% of its global workforce. In a securities filing, Bumble disclosed that its board approved ...

The video-game division’s latest round of layoffs is expected next week Xbox video game consoles and accessories at a Target store in Clifton, New Jersey, US, on Tuesday, Nov. 26, 2024.

For the year to date through June 15, larger employers have announced 50 layoffs affecting 5,750 jobs throughout Arizona, already surpassing the 47 layoff announcements involving 5,249 jobs from ...

Intel will shut down its small automotive business and lay off the majority of the workers in that segment, the latest step in the chipmaker’s dramatic downsizing.