Layoffs
Pfizer stock recovers after Covid decline but some employees struggle
Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, ...
Mark Zuckerberg’s ‘year of efficiency’ at Meta has spread to the company’s upper ranks and incompetent VPs are next to be culled
Nobody is safe from Meta CEO Mark Zuckerberg’s now permanent efficiency measures, not even the company’s upper echelons. As of ...
GameStop can’t stop, Dow drops
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange. Brendan ...
Amazon axes more than 100 customer service managers
Amazon on Wednesday slashed layers of middle management in some of its customer service divisions as part of an organizational ...
Laid-off Tesla employee Nico Murillo had been sleeping in his car, showering at factory to avoid 90-minute commute
Even a Tesla employee who was so dedicated to his job that he slept in his car and showered at ...
Tesla slashes its summer internship program to cut costs, as Elon Musk fights to save his $45 billion pay plan
Elon Musk’s latest cost-cutting victims: Summer interns. Tesla Inc. is rescinding offers just weeks before internships were set to start, ...
Elon Musk’s move to disband Tesla EV charging team blindsides car industry
Elon Musk’s abrupt decision to lay off employees who ran Tesla’s electric vehicle charging business blindsided automakers gearing up to equip ...
Company to cut 740 jobs, 2% of its total workforce
Nike plans to lay off 740 employees at its Oregon headquarters before June 28, the company has told state officials. ...
Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring
The layoffs disclosed in Buffalo comprise a 14% reduction in headcount there. Tesla took over the Buffalo factory after they ...
Canada Goose to cut 17% of its corporate workforce
In a statement Tuesday, CEO Dani Reiss said, “Today, we are realigning our teams to ensure that corporate resources are ...
