More than 136,000 people lost their jobs in major layoffs at U.S. companies over the fiscal quarter ending this week, more ...
Boeing announced Monday it intends to cut around 2,000 white collar jobs in finance and human resources as the company looks to simplify its corporate structure. Authorities investigating the 2019 ...
In October, the company said it planned to cut about 3,000 jobs, citing customer inventory corrections. The company said it is reducing near-term investment levels in its Lyve Cloud offering ...
Newly-installed CEO Robert Kyncl told staff in an internal memo “we need to make some hard choices in order to evolve.” By Etan Vlessing Canada Bureau Chief Warner Music Group, home to the ...
Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday. The job cuts would mark the second largest round of layoffs in the company’s ...
Boeing still has much work to do to reassure investors it's on the right track. The market's reaction to the latest news looks more like a knee-jerk one that's based on sentiment rather than an ...
Lucid Group Inc. is eliminating 18% of its workforce, including employees and contractors, as the company looks to cut costs in its second full year of production. The reductions amount to about ...
Boeing's first launch of astronauts has been delayed again, this time until July. Following a serious misstep in January, Richard Branson's once high-flying space enterprise Virgin Orbit is on the ...
We may earn a commission from links on this page. Boeing’s CST-100 Starliner crew ship approaching the ISS for the Orbital Flight Test-2 mission in May 2022. Photo: NASA We’ve waited a long ...
Amazon.com is laying off an additional 9,000 employees, adding to cuts that were already the largest round of firings in the company’s history. Chief Executive Officer Andy Jassy announced the ...
STORY: Online retail behemoth Amazon on Monday said it would cut 9,000 more jobs… making it the latest Big Tech company to announce a second round of layoffs in the face of a possible recession. In a ...
