UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve …
General Motors’ Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce, the company confirmed to CNBC. The layoffs, which primarily affected commercial …
The Etsy website displayed on a laptop. Gabby Jones | Bloomberg | Getty Images Etsy is laying off 11% of its workforce at the height of the holiday season as …
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. Borrowing has become more expensive, and profits are harder to come by, which means that …
Spotify’s chief financial officer will leave the music-streaming giant in the coming months, the company said — just three days after it revealed plans to lay off 17% of its …
Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. speaks during the Milken Institute Global Conference in Beverly Hills, …
Jeff Lawson, CEO of Twilio, during the Singapore FinTech Festival in Singapore on Nov. 17, 2023. Lionel Ng | Bloomberg | Getty Images Software provider Twilio said Monday it would …
Amazon on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial intelligence. The cuts affect several hundred …
Jane Fraser, CEO of Citigroup Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” at the Economic Club of Washington in Washington, D.C., March 22, …
Microsoft is set to lay off thousands of employees today. Citing Sky News, Reuters reported that thousands of roles would be cut, with the software giant looking to cut around …