The tech sector’s massive layoffs don’t appear to be slowing anytime soon. Layoff tracker Layoffs.fyi is reporting that over 250,000 tech workers have been let go in 2023. Many of these once high-flying tech companies, with unprecedented valuations and growth-at-all-costs strategies, are...
Fortune 500 CEO survey: The leaders of America's biggest companies are bracing for a recession BYAlan MurrayandFortune Editors May 24, 2022 2 years ago Magazine Carvana hits a pothole as its shares tumble 90% and layoffs hit. Here's what the future could hold for the online used car dea...
Ultimately, it turned to store closures and layoffs. While it narrowly avoided bankruptcy in February thanks to a share sale, it was unable to uphold the terms of the agreement. The retailer announced it would close its stores while it tries to sell parts of the business. David’s Bridal ...
Shell renewables and energy solutions division spending declined by 23% last year, Reuters reported. A wave of layoffs also impacted the company’s low-carbon business, among other areas. Sawan’s strategy has differed from that of his predecessor, Ben van Beurden, who advocated for more ...
Spotify’s 2023 was defined by a fundamental change to the streaming platform’s economic model and significant layoffs that, along with a $1 increase in premium individual plans across several regions, returned the company to profitability for the first time in more than a year. All the while...
Given the current market scenario where layoffs have become common, finance is the sector that seems recession-resistant when compared to other industries, thereby providing more security to employees. The United States Bureau of Labor Statistics (BLS) listed a few positions as top finance jobs ...
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01/2018 — 03/2020, released due to Covid-19 layoffs Worked as the night manager of the customer service department and filled in daytime hours when needed. Streamlined a process of moving customers to the right department through an app to ease the burden on the phone lines and reduce cus...
The U.S. has faced months of declining economic outlooks, and corporate layoffs have featured heavily in 2023’s early headlines. Adding to the uncertainty, many organizations are cutting back hiring budgets despite a persistent need for skilled talent, according to a recent survey of CEOs and ...
“Our policy and advocacy work this year was like nothing before,” says Isbell, speaking of UMG’s Task Force for Meaningful Change that launched in June in the wake of nationwide protests ignited by the May 25 killing of George Floyd. The company, she says, also “encouraged our employees...