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Companies such as Meta, Microsoft, BlackRock, and Chevron are conducting layoffs. Artificial intelligence is reshaping some workforces. See the list of companies letting workers go in 2025.
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%, CEO Carl Eschenbach announced Wednesday.
Walt Disney Co. Disney plans to lay off 7,000 employees, CEO Bob Iger said during a Feb. 8 earnings call.The cuts amount to a bit more than 3% of the company's global workforce of 220,000 as of Oct. 1
HARRISBURG, Pa. (WHTM) — The University of Pittsburgh Medical Center (UPMC) just confirmed they would be laying off about 100 employees, which comes just six months after laying off 1% of its ...
Traditionally, layoffs directly affect the employee. However, the employee terminated is not alone in this. Layoffs affect the workplace environment and the economy as well as the employee. Layoffs have a widespread effect and the three main components of layoff effects are in the workplace, to the employee, and effects to the economy.
Paramount Global . Paramount Global laid off about 800 employees, or roughly 3% of its workforce, sources familiar with the matter told Yahoo Finance.The cuts, which took place on Feb. 13, come as ...
Rather, the layoff will affect corporate support roles, which, combined with other non-store roles in store development, roasting, manufacturing, warehousing, and distribution operations, account ...