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Dotdash Meredith announced Thursday it will eliminate 53 jobs, primarily in its print business, but did not respond to a question about how many of those jobs are in Des Moines, the center of its ...
Wells Fargo’s continued layoffs come as no surprise. The San Francisco-based bank's CEO, Charlie Scharf, announced in late 2023 that the company was anticipating severance costs of nearly $1 ...
Starbucks has approximately 16,000 employees working in corporate support, roasting, distribution, warehousing and store development, including 10,000 in the U.S. and 6,000 in other countries.
The below charts from Battery Ventures sheds light on why household name tech companies are trimming the fat — and how many are doing so. Chart 1: Valuation has compressed across software stocks ...
Insurance giant Geico said it will lay off about 6% of its total workforce — or about 2,000 employees — as it makes some changes to the business and pushes for a return to the office for ...
Walt Disney Co. Disney plans to lay off 7,000 employees, CEO Bob Iger said during a Feb. 8 earnings call.The cuts amount to a bit more than 3% of the company's global workforce of 220,000 as of Oct. 1
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Zandi, who said he currently sees a roughly 33% chance of a recession in the next 12 months, noted that weekly jobless claims will be a key release to watch when tracking layoffs.