Discover what a layoff is, its impact on employees, and real-life examples. Learn the difference between layoffs, furloughs, ...
The reported layoffs could come as soon as this week, as employees have been asked to work from home, according to Bloomberg.
Nestlé, General Mills and Molson Coors were among the most high-profile companies to announce job cuts or plant closures this ...
"It feels like recruiters are looking for Superman," said one job seeker who's struggled during the tech job market's brutal ...
Big employers are trimming staff again, and this time the cuts are landing in white-collar offices as often as on factory ...
That's the most since 2020—but then you have to go back to 2009 to find when companies let so many workers go.
The head of EY's consulting business in the UK and Ireland is also stepping down, the professional services giant said.
“The job market is still cooling, and as businesses look to continue to cut costs and cut workers, we do expect this [forever layoff] trend that we’ve seen over the last few years to continue,” said ...
In the USA, there’s a law called the WARN Act that tries to give people a heads-up. It’s about big layoffs or when a whole ...
Dubbing 2024 “the year of the layoff” may have been premature as the headcount reductions trickled through the past 2025. CRN rounds up the biggest announcements below ...
The biggest layoff announcement in 2025 came from Intel. The semiconductor giant cut nearly 24,000 jobs. The company said the move was necessary to improve financial stability and shift towards a ...