On Feb. 21, Buzzfeed, the digital media company, announced it would be cutting 16% of its staff as part of its restructuring of the brand. The layoffs arrived amid the company’s discounted sale ...
L.L Bean spokesman Jason Sulham told USA TODAY on Tuesday that the retailer is still working to get a definite number of employees that will be affected by the layoffs. “We don't have an exact ...
The tech sector layoffs that characterized 2023 have continued into 2024 with several big-name companies announcing cuts. Related: ‘Grand Theft Auto’ maker Take-Two to cut jobs, cancel games ...
The year is barely one-third of the way though and already things are going bad for Tesla and Elon Musk. The EV car leader announced it will slash its workforce by 10% following weak sales of its ...
Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to poor financial performance, a source ...