Microsoft spokesperson told Reuters that the layoffs are a “regular” and “necessary” part of the business. Hino Motors No. of Employees to be Laid off: 1300 Industry: Automobile June 2024 Hino Motors, a Toyota subsidiary, will shut down its largest auto parts plant in the U.S. ...
In September, Jefferies analysts predicted Volkswagen could lay off 15,000 employees during its cost-cutting drive, which would represent the largest round of layoffs in Germany yet. However, layoffs have been held up by negotiations with Volkswagen’s powerful works council. Other German carmakers...
And the layoffs haven't been contained to tech.UPSsaid it was axing 12,000 jobs, saving the company $1 billion, CEO Carol Tome said late last month, citing softer demand. Many of the largest retail, media and entertainment companies have also announced workforce reductions, in addition to o...
recommends pre-empting ‘exit interviews’ with ‘stay interviews.’ However, Larson herself left the company after just 2.7 years. According to LinkedIn data, average tenure is just 1.1 years — although this could have been dragged down by a recent round of layoffs. ...
-7% vs. 2022 (Est.) From downgraded forecasts to layoffs to cyber-attacks, the Estée Lauder Cos. faced numerous challenges in 2023. Perhaps the toughest came from China, where for years it successfully rode the wave of the country’s beauty boom, selling buckets of hero products like ...
This is the 68th edition of our annual ranking of America’s largest companies, and it was a blowout year for the companies featured—despite rising inflation, the ongoing supply chain crisis, and the second year of the COVID-19 pandemic. Together, the 500 corporations on this year’s list...
Unity aims to empower developers to push the boundaries of creativity with enhanced mobile features and cutting-edge VR device support. Despite facing a notable setback in January 2024 with the announcement of its largest layoffs to date, affecting approximately 1,800 employees, constituting about 25...
As the new year approaches, the excitement of planning vacations and quality time with loved ones begins to build. For working professionals, especially those in corporate roles, it can be... Tech Sector Layoffs 2024: A Look at Companies Cutting Jobs in Bulk ...
many of the 184 human resources companies on theInc. 5000have had to navigate tremendous turbulence. A wave of pandemic layoffs led to a 14.7 percentunemploymentrate in April 2020, which, according to the U.S. Bureau of Labor Statistics, was the “highest rate and the largest over-the-...
Inflation Reduction Act Text viewer (similar to this tool, but for the Inflation Reduction Act of 2022 ClimateTechList - the web's most comprehensive climate tech jobs site (30,000+ jobs from 1,000 climate tech companies, updated daily WARN Tracker- Live Layoffs from Public WARN recordsWe...