Layoffs | Page 5

Other tech companies like Meta, Twitter and Shopify are feeling the same pressure.

There are pros and cons to offering a "voluntary severance" package to employees.

Disney CEO Bob Chapek sent a memo to top executives Friday warning them of cost-cutting on the horizon. One directive: Do the meeting on Zoom.

A people-centric business model offers an elegantly simple alternative to falling into the debt trap.

What economists are saying about this peculiar phenomenon during an economic slowdown.

Letting go of an employee doesn't make you a bad person, but it can feel that way. Here are some helpful directives I've found to help conduct the process.

The newest TikTok trend has the formerly employed making light of their terminations.

Leading a startup sometimes involves the tough decision of reducing staff. As economic tides and the market shift, here is how to manage layoffs while protecting your core corporate culture.

Netflix announced it will cut about 3% of its workforce -- for the second time this year. How is the streaming giant planning to recover?

As the housing market slows, Redfin and Compass have decided to trim their workforces, making cuts of 8% and 10%, respectively.

Amid economic turmoil, the company laid off 18% of its staff and extended a hiring pause.

The automotive retailer Carvana Co. announced it will be laying off over 2,000 workers, about 12% of its workforce, in efforts to align expenses with sales.

In a memo, Peloton CEO John Foley wrote that the company has 'experienced leaks containing confidential information' following reports it was halting production.

Terminations are expected to begin in February.

The recent PR crisis for Better.com is a lesson for all of us on the importance of empathy in leadership.

Better.com has let go of 9% of its workforce.

Sometimes we need the hard times to show us what the good times look like.

Before making a tough decision that impacts your team's future, Gravity Payments CEO Dan Price has a simple suggestion: Ask them for advice. It worked for him.

No business owner likes to do it, but sometimes layoffs are the only option.

The layoffs come just weeks after 3,700 customer support and recruiting team employees lost their jobs.

There are lots of particulars to take into account.