Layoffs | Page 7

Building a Business

Microsoft Retreats in Smartphone Battle, Laying Off More Than a Thousand

The U.S. company said it would shed up to 1,850 jobs, most of them in Finland, and write down $950 million from the business.

By Reuters

Business News

U.S. Jobless Claims Rise, and Planned Layoffs Surge

By Reuters

Business News

Intel to Cut Up to 12,000 Jobs Globally as PC Industry Declines

By Reuters

Building a Business

American Apparel Lays Off Workers, Considers Outsourcing

By Reuters

Business News

Boeing to Cut More Than 4,500 Jobs

The divisions that conduct flights and lab tests as well as the commercial airplanes department will be downsized, the company says.

By Reuters

Business Funding

Smartwatch Maker Pebble Lays Off Quarter of Staff

CEO says the layoffs are required due to 'a chilly fundraising environment' in Silicon Valley.

By Jason Cipriani

Business News

SurveyMonkey Lays Off 100 Employees, Says Focus Will Be on Businesses

This is the latest change after nearly a year of turmoil.

By Kia Kokalitcheva

Building a Business

Zenefits Lays Off 17 Percent of Workers to ‘Refocus’

Zenefits has been in crisis mode for the last few weeks after removing its CEO and founder, Parker Conrad.

By Erin Griffith

Business News

Yahoo Announces First Round of Layoffs as it Trims 15 Percent of Workforce

The layoffs take effect April 11 and affected employees received 60-day advance notice of the move

By Reuters

Business News

Yahoo Reportedly Fired a Bunch of Workers by Accident

As many as 30 employees were said to have been let go, only to be later told that they were simply on a shortlist.

By Jonathan Chew

Business News

Looking to Cut Costs, Sprint Slashes 2,500 Jobs

The wireless carrier has shuttered call centers in Texas, New Mexico, Virginia, and Tennessee.

By Reuters

Business News

Hundreds of Employees Laid Off at Staples HQ

The 'bloodbath' affected both senior and junior employees.

By Dan Primack

Business News

Johnson & Johnson to Cut 3,000 jobs in Medical Devices Division

The company said the restructuring would affect its orthopaedics, surgery and cardiovascular businesses within the larger medical devices unit.

By Reuters

Business News

Wal-Mart Pulls Plug on Smallest Store Format, Shuts 269 Stores

The move comes three months after Chief Executive Officer Doug McMillon disclosed plans to review the retailer's global operations and shut underperforming stores.

By Reuters

Business News

Sources: Yahoo to Slash 10 Percent of Workforce

The layoffs, which would result in more than 1,000 people leaving the tech giant, is set to affect Yahoo's media business, European operations, and platforms-technology group.

By Reuters

Business News

Microsoft Lays Off 30 From Its HoloLens Team

The tech giant is downsizing the Israel-based team working on an augmented reality headset.

By Max Slater-Robins

Building a Business

Why SunTrust Required Laid-off Employees to ‘Be on Call’ for 2 Years in Severance Package

The company didn't really mean it, though. Here's what businesses can learn from the bank's confusing cooperation clause.

By Dan Steiner

Business News

Oil Prices Drop, Chevron Slashes 2016 Budget in Response

Cutting the budget by 25 percent will mean laying off 7,000 employees.

By Reuters

Business News

Twitter Is Slashing 8 Percent of Its Workforce

The layoffs come about a week after Jack Dorsey became permanent CEO.

By Reuters

Business News

MakerBot Lays Off 20 Percent of Its Staff for the Second Time This Year

The layoffs at the 3-D printer company are in addition to the significant cuts made in April.

By Andrew Zaleski

Business News

Whole Foods to Cut About 1,500 Jobs

The cost-cutting measure will allow the company to invest in technology upgrades.

By Reuters

Business News

Hewlett-Packard Is Planning Massive Job Cuts

The tech company expects to slash about 10 percent of its workforce over the next three years as it adjusts to falling demand.

By Reuters

Business News

The Maker of Angry Birds Is Planning to Slash Up to 39 Percent of Its Workforce

The Finnish company has failed to create a new hit game since the 2009 launch of Angry Birds.

By Reuters

Business News

Can We Agree That the Nokia Buy Was a Total Disaster for Microsoft?

After write-offs, an impairment charge, and thousands of job cuts, can Microsoft recoup any value from its $7.2 billion Nokia acquisition? Let the debate begin.

By Barb Darrow