As interest rates rise and companies tighten their belts, white-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains ...

Retail led all industries last month with 14,689 job cuts, according to a new report from global outplacement and business and executive coaching firm Challenger, Gray & Christmas. That number was up ...

Meta Platforms Inc. has reportedly begun a new round of job cuts as part of a mass layoff company CEO Mark Zuckerberg announced in March. The Menlo Park company has let people go in its corporate ...

The Japanese company announced the job cuts - about 13% of the global workforce - as part of a three-year turnaround strategy. Sony said 7,000 jobs will be shed in Japan but regional breakdowns ...

Sky is preparing for a significant round of job cuts across the UK as part of a strategic shift from DTH distribution to OTT. Sky has already informed many of the staff who will be affected by the ...

A debt default could cause nearly 8 million job cuts, Moody's Analytics said. As the U.S. hurtles closer to a default on its debt as early as next month, the economic consequences could prove ...

White-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains why many professionals are getting the pink slip first.

The latest wave of layoffs taking place this week is expected to bring the total number of job cuts to more than 6,500, approaching the 7,000 figure previously announced by Iger. As of October 1 ...

The prized cloud and artificial intelligence arm of Alibaba is making significant job cuts, paving the way for the unit to go public on its own as part of the Chinese technology giant’s grand ...

Technology companies in China rarely announce job cuts publicly, usually referring to lay-offs as business restructuring. However, Alibaba has been downsizing its payroll for months with headcount ...