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Ally is laying off about 500 employees. Ally Bank/Facebook The digital-financial-services company Ally is laying off roughly 500 of its 11,000 employees, a spokesperson confirmed to BI.
Cargill has more than 160,000 employees, according to its 2024 report, though it does not regularly release financial reports. That means there will be an estimated 8,000 cuts.
But a 2024 annual report from the company noted that it had more than 160,000 employees worldwide, meaning the latest job cuts would be set to impact around 8,000 workers. As a privately-held ...
On April 16, 2024, Take-Two Interactive announced plans to lay off 5% of its workforce and cancel several video game projects. The company cited a cost-reduction plan, anticipating total charges of $160 million to $200 million. These measures are expected to be largely implemented by December 31, 2024. [117]
Debtwire data shows retailers have undergone 20 Chapter 11 filings since the beginning of 2024, while 25 companies in the retail sector have had at least two bankruptcy filings since 2016, Foss ...
Almost 11,000 tech employees have been laid off at 63 companies so far in 2024, according to data from layoffs.fyi. CNN’s Brian Fung, Jennifer Korn, Clare Duffy and Catherine Thorbecke ...
As of Tuesday afternoon, 98 tech companies have laid off more than 25,000 employees so far in 2024, according to Layoffs.fyi. Last year saw 262,595 layoffs in more than 1,100 companies, according ...
Disney will lay off 7,000 workers as the company seeks to slash $5.5 billion in costs as new CEO Bob Iger ... He said Disney+ is on track to achieve profitability by the end of fiscal 2024.