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Backfilling the roles of laid-off employees or hiring more staff in divisions deemed a higher priority could build back head count levels in the coming year. In some cases, companies plan to grow ...
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 ...
Tens of thousands of United States federal civil service workers have been laid off or fired since the start of the second presidency of Donald Trump.The Trump administration has called this an effort to reduce federal expenditures, shrink the federal payroll, reduce the ability of the government to regulate industry, and reduce the role of government in U.S. society.
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.
On January 17, 2023, Unity Technologies laid off 284 employees as part of a reassessment of objectives, strategies, and priorities in response to current economic conditions. CEO John Riccitiello explained that the layoffs were meant to reduce overlap and shelve certain projects to ensure the company's future strength. [ 95 ]
In May 2023, Guild reduced its staff by 12%, resulting in over 150 individuals being laid off after several rounds of restructuring. [14] In October 2023, Guild announced that it was offering training in artificial intelligence for front line workers through its education provider clients. [15] In April 2024, Bijal Shah was named CEO. [16]
Southwest Airlines cut 15% of its corporate workforce as it tries to rapidly reduce overhead costs to become a "leaner" company.. The airline said that the layoffs primarily target corporate ...
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.”