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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
Hundreds of workers in a small Ohio city are reeling after banking giant Barclays terminated 252-plus jobs in one fell swoop. One former employee claims they weren’t provided any notice.
After Twitter layoffs, state lawmakers introduced a bill requiring employers to give workers more notice of mass layoffs and would extend protections to contract workers.
Headlines about big company layoffs always attract attention, and Citigroup's news that it'll let go around 120 employees in its residential real estate unit is no different. 120 pink slips is a ...
Layoffs by the numbers. These financial services companies announced New Jersey layoffs in 2023: JPMorgan Chase Bank: 63 jobs. TD Bank: 88 jobs. Prudential Financial: 46 jobs. Charles Schwab: 109 jobs
Part of what likely is happening is that people are looking for extra stability, too, as trust between companies and their employers wanes during a time of layoffs in concentrated sectors.
Yahoo Finance's Alexandra Semenova discusses how the slowing market is beginning to hit banks and Wall Street firms.