16 articles · page 1 of 2 · showing 1 to 12
New U.S. unemployment claims fell to 189,000 in the week ended October 31, matching a level last seen in July and the lowest since 1969. Layoffs remain historically low, but cautious hiring continues to challenge job seekers.
Fiserv has reduced its employee and contractor workforce by 3,000 since June, including more than 10% of senior management. The payments technology company also doubled its Project Elevate…
American Express plans to eliminate about 3,500 jobs, or about 5% of its global workforce, as it restructures operations and prepares to use artificial intelligence more widely. The cuts…
Uber is cutting about 3,300 jobs worldwide as the company restructures teams, reduces management layers and focuses on core businesses.
Apple is cutting more than 200 jobs across Vision Pro, Siri and AI software teams as it shifts resources toward new devices and artificial intelligence.
TikTok is laying off 250 employees and closing its Nashville office as the company restructures operations and continues expanding AI-powered content moderation.
Lucid Motors has reduced its workforce by 18% as new CEO Silvio Napoli restructures the EV maker to improve efficiency, reduce costs, and strengthen long-term competitiveness.
Coinbase is set to cut 14% of its workforce as part of a broader restructuring strategy focused on efficiency, cost reduction, and long-term growth.
Redwood Materials sees its COO depart amid layoffs and restructuring efforts, signalling a strategic shift in operations within the battery recycling sector.
Epic Games cuts around 1,000 jobs as Fortnite engagement drops, reflecting shifting gaming trends and challenges in sustaining player activity.
Lucid Motors is cutting 12% of its workforce as the electric vehicle maker works to reduce costs, streamline operations, and move closer to profitability.
Amazon said it is cutting 16,000 jobs in a new round of layoffs as part of ongoing restructuring, following previous cuts announced in October. The company said strategic hiring will…
