layoffs
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Tech
Intel cuts whopping 15K jobs, posts $1.6B loss just months after getting Biden funds
Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn…
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Business
John Deere under fire for laying off hundreds of American workers
Tractor giant John Deere faced backlash after announced it was laying off hundreds of workers across the Midwest — even…
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Business
CNN quietly disbands ‘Race and Equality’ team as part of layoffs
CNN quietly disbanded its “Race and Equality” team of reporters as part of a major restructuring that included firing 100…
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Business
Stop & Shop will shutter 7 NYC-area stores, 32 overall
Stop & Shop will shutter seven stores in the New York City area and 32 overall as inflation-battered shoppers seek…
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Business
More companies announce bankruptcies and closures, citing inflation as almost 3,200 stores face shuttering in 2024: poll
More companies are declaring bankruptcy and shutting down operations, citing inflation and high costs. Inflation and the economy remains a…
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Business
Starbucks customers outraged over 40-minute waits for coffee
Starbucks customers are being forced to wait up to 40 minutes for coffee, with baristas claiming that staffing cuts have…
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Business
Laid-off Tesla employee Nico Murillo had been sleeping in his car, showering at factory to avoid 90-minute commute
Even a Tesla employee who was so dedicated to his job that he slept in his car and showered at…
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Tech
Tesla reportedly laying off staff in software, service teams just 1 month after mass firings
Electric-vehicle maker Tesla has laid off staff from the software, service and engineering departments, tech publication Electrek reported Monday, citing sources…
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Business
Layoffs at Byron Allen’s media company will hit 12% of workforce: sources
Layoffs at Byron Allen’s media company this week will affect about 300 employees across its operating divisions, representing 12% of…
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Tech
Elon Musk’s Tesla yanks summer internship offers to students amid massive job cutting
Tesla has reportedly reneged on summer internship offers it made to college students. Multiple students described their situations in posts…
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