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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.
The company is closing two sites in Edmonton and Boise that have over 250 employees, with a certain number of employees relocating to other sites within Intuit or leaving the company.
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The big-box retailer confirmed the layoffs and relocations in a ...
Morris, in the memo, said the decision to relocate employees and ask other remote staff to come back into the office was made to facilitate better collaboration, innovation “and move even faster.”
Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.” A Meta spokesperson confirmed in a statement that some ...
Wells Fargo continues to reduce workforce at its Jordan Creek campus, this time laying off 40 workers and bringing the total over 1,400 since 2018.
Employees (or former employees in this case) can be affected in a couple of different ways. When an employee is laid off, his or her general trust in long-term work may decrease, reducing expectations upon rehire. After an employee withstands a layoff, the effects can trickle into future employment and attitudes.
Macy’s is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business for the online shopping era.