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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 ...
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 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]
Firms announced 72,821 layoffs last month, down 4% from the 75,891 announced in August, which had been the highest since March, outplacement firm Challenger, Gray and Christmas said.
A wave of layoffs has already swept through the healthcare industry, which moved more quickly than others to impose vaccine mandates given the heightened COVID-19 exposure risk for patients and staff.
Gwyneth Paltrow's lifestyle brand Goop conducted another round of layoffs, Business Insider learned. The company let go 18% of its staff in September. After a series of pivots, Goop says it is now ...
Healthcare insurance company, Humana, announced "limited" layoffs last week, Humana spokesperson Mark Taylor confirmed to the Courier Journal.