Business News
Yahoo Announces First Round of Layoffs as it Trims 15 Percent of Workforce
The layoffs take effect April 11 and affected employees received 60-day advance notice of the move
By Reuters
Layoffs | Page 8
Business News
Johnson & Johnson to Cut 3,000 jobs in Medical Devices Division
The company said the restructuring would affect its orthopaedics, surgery and cardiovascular businesses within the larger medical devices unit.
By Reuters
Business News
Wal-Mart Pulls Plug on Smallest Store Format, Shuts 269 Stores
The move comes three months after Chief Executive Officer Doug McMillon disclosed plans to review the retailer's global operations and shut underperforming stores.
By Reuters
Business News
Sources: Yahoo to Slash 10 Percent of Workforce
The layoffs, which would result in more than 1,000 people leaving the tech giant, is set to affect Yahoo's media business, European operations, and platforms-technology group.
By Reuters
Business News
Microsoft Lays Off 30 From Its HoloLens Team
The tech giant is downsizing the Israel-based team working on an augmented reality headset.
Building a Business
Why SunTrust Required Laid-off Employees to ‘Be on Call’ for 2 Years in Severance Package
The company didn't really mean it, though. Here's what businesses can learn from the bank's confusing cooperation clause.
By Dan Steiner
Business News
Oil Prices Drop, Chevron Slashes 2016 Budget in Response
Cutting the budget by 25 percent will mean laying off 7,000 employees.
By Reuters
Business News
Twitter Is Slashing 8 Percent of Its Workforce
The layoffs come about a week after Jack Dorsey became permanent CEO.
By Reuters
Business News
MakerBot Lays Off 20 Percent of Its Staff for the Second Time This Year
The layoffs at the 3-D printer company are in addition to the significant cuts made in April.
Business News
Whole Foods to Cut About 1,500 Jobs
The cost-cutting measure will allow the company to invest in technology upgrades.
By Reuters
Business News
Hewlett-Packard Is Planning Massive Job Cuts
The tech company expects to slash about 10 percent of its workforce over the next three years as it adjusts to falling demand.
By Reuters
Business News
The Maker of Angry Birds Is Planning to Slash Up to 39 Percent of Its Workforce
The Finnish company has failed to create a new hit game since the 2009 launch of Angry Birds.
By Reuters
Business News
Can We Agree That the Nokia Buy Was a Total Disaster for Microsoft?
After write-offs, an impairment charge, and thousands of job cuts, can Microsoft recoup any value from its $7.2 billion Nokia acquisition? Let the debate begin.
By Barb Darrow
Business News
Microsoft Reportedly Planning Major Job Cuts
The latest job cuts would be in addition to the 18,000 jobs Microsoft said it planned to cut a year ago.
By Reuters
Business News
Zynga Announces Layoffs As Part of Restructuring Effort
Shares were up about 7 percent in extended trading hours.
By Reem Nasr
Building a Business
Tesla Shedding Jobs in China as Sales Target Missed
Some positions are being eliminated while others are added, but overall headcount has gone down in a restructuring drive.
By Reuters
Business News
Target to Cut Thousands of Jobs as It Seeks to Trim Costs by $2 Billion
The big retailer is battling back after a massive data breach and sluggish performances.
By Reuters
Building a Business
Buying a Rival: Zillow CEO Talks Trulia Deal, Integration and Layoffs
Zillow has completed its $2.5 billion acquisition of online real estate rival Trulia.
By Dan Primack
Business News
Elon Musk Threatens Layoffs After Tesla Sold Just 120 Cars in China Last Month
Many Tesla owners in China, which Musk has said is a market rife with potential, complain of an inadequate charging infrastructure.
By Geoff Weiss
Business News
Iconic Teen Makeup Brand Bonne Bell Is No More
The maker of the world's first flavored lip balm is closing its doors for good, but sweet, sweet Lip Smackers will live on.
Human Resources
McDonald’s Lays Off Employees as Part of $100 Million Cost-Cutting Effort
The fast-food giant is cutting 63 corporate jobs after a spectacularly difficult 2014.
By Kate Taylor
Business News
Massive Layoffs Are Reportedly Brewing at eBay Ahead of PayPal Spinoff
Plans are in the works to shed as much as 10 percent of eBay's workforce.
By Laura Entis
Business News
Fab Was Once Valued at $1 Billion. Now, It May Sell for a Fraction of That.
Less than a year and a half ago, the ecommerce company raised $150 million at a $1 billion valuation. Today, the company is reportedly on the block for $15 million.
By Laura Entis
Business News
Ecommerce Shop Fancy Just Laid Off a Third of Its Staff
The site, which was rumored to be in acquisition talks with eBay in September, is said to have scaled its team down to 10 or 15 from 45 a year ago.
麻豆社s
American ‘Work Martyrs’ Are Too Afraid to Take Time Off, Study Finds
Last year, Americans willfully neglected $52.4 billion worth of time-off benefits.
By Geoff Weiss
Building a Business
How to Regroup When You’ve Lost Your Way
Should your company falter, here's how you can get it back on track.
By Kate Swoboda
Business News
Sears Said to Close Stores, Lay Off About 5,500 Employees
The struggling retailer could close more than 100 stores before the end of the year, a news report says.
By Reuters