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Business Insider said Thursday that it will cut 8% of its staff, becoming the latest news organization to undergo a round of painful layoffs as news companies struggle to stay afoot amid brutal ...
German publishing giant Axel Springer SE acquired a majority stake in Insider in 2015 and retired the "Business Insider" name in 2021 as it looked to expand coverage. Business Insider to lay off ...
Already in 2024, companies across the nation have experienced massive layoffs — some hitting close to home in Louisville. Companies like UPS, Microsoft, American Airlines, Business Insider and ...
Bridgewater Associates cut 7% of its staff on Monday in an effort to stay lean, a person familiar with the matter told Business Insider. The layoffs bring headcount back to where it was in 2023 ...
The holiday season and company layoffs go hand in hand. As the holidays draw closer, companies are facing lower consumer confidence and are thus evaluating plans for the 2023 fiscal year. See: 95%...
The 2020 coronavirus pandemic impacted the US food industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners. [81] It impacted retail groceries with panic buying noted as early as 2 March in some areas. [8] The closures impacted the distribution for food and beverages.
Signs on door of a Graeter's ice cream parlor in the Hyde Park neighborhood of Cincinnati during government-mandated closings. The COVID-19 pandemic impacted the United States restaurant industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners and threatening the survival of independent restaurants as a category.
The COVID-19 pandemic exacerbated many issues affecting retailers, as many were forced to shut down due to non-pharmaceutical interventions that were issued in an effort to mitigate the pandemic. [35] At the same time, online shopping boomed during the coronavirus-related lockdown, even though it came back down starting in 2022. [36]