Northrop Grumman cutting as many as 1,000 jobs at California facility
Northrop Grumman is preparing to cut as many as 1,000 jobs at its Space Park facility in Redondo Beach after the US Space Force canceled a contract to develop a …
layoffs
350 employees, or about 37% of workforce
The Bumble app is displayed on a smartphone in New York on Nov. 6, 2023. Gabby Jones | Bloomberg | Getty Images Bumble on Tuesday announced plans to lay off …
Why widespread tech layoffs keep happening despite strong U.S. economy
The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The artificial intelligence boom remains in full swing. The tech-heavy Nasdaq index is up more than 8 …
Marin video game maker to lay off 86 employees
A Novato gaming company is set to lay off 86 employees at the end of March, according to the state. The employees work for Activision Blizzard developer Toys for Bob, …
Alibaba bets on overseas businesses amid sluggish growth in China
The logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023. Costfoto | Nurphoto | Getty Images Chinese tech giant Alibaba Group is …
Companies make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software …
Iâm an advisor who helps clients navigate layoffs. Hereâs my advice
Andresr | E+ | Getty Images It looks like 2024 could be the “Year of the Layoffs.” The Los Angeles Times, Google, Amazon, Macy’s, Paramount and other companies have recently …
Cisco says it’s cutting 5% of workforce, amounting to over 4,000 jobs
Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022. Adam Galica | CNBC Cisco announced plans to cut 5% of its workforce on Wednesday, …
Firefox-owner Mozilla lays off 60 employees as it refocuses on Firefox and AI |
Mozilla, the company behind the Firefox web browser, laid off approximately 60 employees this week as it looks to refocus its efforts on Firefox and bring artificial intelligence technology into …
Company to cut 250 employees, about 7% of company
A smartphone with an Instacart logo displayed is seen in this illustration taken March 25, 2022. Dado Ruvic | Reuters Instacart on Tuesday announced it would lay off about 250 …