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In November and December, Boeing issued layoff notices to more than 4,000 U.S. workers, including 660 to SPEEA members, according to publicly-available state employment records and the union.
Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September, outplacement firm Challenger, Gray and Christmas said. Layoffs would have been even lower last month ...
The cuts, which took place on Feb. 13, come as M&A rumors swirl over the future of the media giant. In an internal memo to employees, Paramount CEO Bob Bakish reiterated his previous comment that ...
Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory workers’ strike that began last week, the company told employees Monday. Chief ...
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]
Starbucks plans to announce corporate layoffs by early March. Brooke DiPalma. January 17, 2025 at 5:26 PM. Starbucks is eliminating jobs as CEO Brian Niccol focuses on its Back to Starbucks plan.
The company has struggled with debt, and conducted a series of layoffs before October, including one in March representing 25% of its workforce, or around 80 people, bringing its headcount to 220 ...
Nearly 40% of companies reported layoffs in 2024, the outplacement firm noted, saying that was a noticeable increase from 28% in 2023. The outlook for 2025 appears cautiously optimistic. Not all ...