Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.

Citing a challenging macro environment, 2seventy bio is launching a sweeping strategic reorganization that will see 40% of its staff laid off and CEO Nick Leschly stepping down.

T-Mobile is laying off close to 5,000 employees, mostly in corporate roles, as it looks to streamline its operating model and structure. In a memo to employees sent Thursday, T-Mobile CEO Mike ...

Roku will lay off 10% of its workforce, equating to over 300 employees, in an effort to reign in company costs, according to an SEC filing on Wednesday. The company has made the decision to ...

Alphabet is the first "Big Tech" company to lay off employees this quarter, after peers like Meta, Microsoft and Amazon.

Aug 23 (Reuters) - Juul Labs is planning to lay off 30% of its workforce, a source familiar with the matter told Reuters on Wednesday, as the e-cigarettes maker aims to reduce its operating costs.

The company cited an "evaluation of its operations" that led it to determine "to bring down its year-over-year operating expense growth rate." By Georg Szalai Global Business Editor Roku is laying ...

Sage Therapeutics said on Thursday that it plans to lay off about 40 percent of its workforce, roughly 275 employees, and shake up its leadership team following a decision by federal regulators to ...

Roku will lay off 10% of its workforce, equating to over 300 employees, in an effort to reign in company costs, according to an SEC filing on Wednesday. The company has made the decision to reduce ...

(Reuters) -Juul Labs is planning to lay off 30% of its workforce, a source familiar with the matter told Reuters on Wednesday, as the e-cigarettes maker aims to reduce its operating costs.

Roku will lay off 10% of its workforce, equating to over 300 employees, in an effort to reign in company costs, according to an SEC filing on Wednesday. The company has made the decision to reduce ...