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See the list of companies letting workers go in 2025. Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance ...
Big changes to the global EV market are taking a toll on car companies like Ford and GM. ... Detroit car giant General Motors laid off about 2,000 workers in two rounds of layoffs in August and ...
Embracer Group made multiple layoffs, game cancellations, and studio closures between August 2023 and March 2024 after its $2 billion deal with Saudi Public Investment Fund fell apart. The company reportedly reduced its headcount by 7,761, closed or divested 44 internal and external studios, and decreased the number of game projects by 80.
In January 2022, the company had 73,541 global employees, so the layoffs could involve about 7,300 employees. The layoffs are expected to begin in the coming weeks. Fritz Jorgensen/istockphoto
Meta, the parent company of Facebook, ... It is unclear how many people will be affected by the layoffs, but in September 2024, Meta employed around 72,000 people, so a 5% reduction could reduce ...
Finance and human resources software company Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%.. Workday CEO Carl Eschenbach said in a note to employees ...
The holiday season and company layoffs go hand in hand. As the holidays draw closer, companies are facing lower consumer confidence and are thus evaluating plans for the 2023 fiscal year. See: 95%...
Along with the layoff announcement, the media company also said it would sell Complex to live video shopping platform NTWRK in a $108.6 million all-cash deal. In addition to the purchase price ...