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Job cuts are continuing into 2025 following waves of reductions last year. Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs. See the list of companies letting workers go ...
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
Real estate analytics company CoStar and global travel data firm Tourism Economics in November downgraded their 2025 outlook for room revenue growth to 1.8% from 2.6%.
The company employs a total of 361,000 people worldwide. ... 2025 to make clear that the 16,000 employees Starbucks has in corporate roles includes support staff, roasters, warehousing ...
The layoffs were not a singular event but rather the culmination of several converging factors. The COVID-19 pandemic unexpectedly fueled a surge in video game demand. [19] This led companies to make ambitious investments in acquisitions, mergers, and staff expansion, anticipating sustained growth. [20]
According to data crunched by Warn Tracker and layoffs.fyi, so far this year companies laid off more than 30,000 employees. So far, in 2024, data shows the tech industry announced the biggest layoffs.
The company suspended its full fiscal year 2025 guidance to allow "ample opportunity to assess the business and solidify key strategies" in the turnaround attempt, CFO Rachel Ruggeri told ...
Dell plans further workforce cuts and limits external hiring through February 2025. Dell is taking measures to minimize spending and to adapt to an AI world. Dell's restructuring has included layoffs.