Tag #Layoffs

Showing 1 to 12 of 217 results

us.cnn.com
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Starbucks to Close Hundreds of Stores, Lay Off 900 Employees

Starbucks is closing hundreds of underperforming stores and laying off 900 corporate employees as part of a restructuring plan by CEO Brian Niccol to revive the struggling coffee chain.

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24% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Layoffs: Impact on Employee Trust and Company Culture

A new study reveals that 80% of respondents consider layoffs the worst experience of their lives, leading to decreased trust, productivity, and increased quiet quitting, significantly impacting company culture and employer brand.

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Ericsson Lays Off 100 Canadian Tech Employees

Swedish telecom firm Ericsson laid off approximately 100 Canadian technical employees on October 23, 2023, integrating its Canadian network management services with global operations to streamline costs.

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24% Bias Score

Decent Work and Economic Growth
npr.org
🌐 85% Global Worthiness
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PBS Announces 15% Job Cuts Following Loss of Federal Funding

PBS is eliminating 15% of its workforce, or 34 jobs, due to the Republican-led elimination of all federal funding for public broadcasting, resulting in a 21% revenue decrease for the network.

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20% Bias Score

Quality Education
aljazeera.com
🌐 85% Global Worthiness
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Salesforce Lays Off 4,000 in AI-Driven Restructuring Amid Strong Financials

Salesforce, reporting strong Q3 2024 financials, laid off 4,000 customer support employees, reducing that division's headcount to 5,000, while simultaneously boasting about AI handling one million customer conversations and strong revenue growth.

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32% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Job Quitting Rate Plunges to 2 Percent Amidst 'Job Hugging' Trend

The US job quitting rate dropped to 2 percent in June 2024, the lowest in years, a trend called "job hugging," where employees prioritize stability over seeking new opportunities due to economic uncertainty and fear of AI-driven job displacement.

Progress

40% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 75% Global Worthiness
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Starbucks to Close Hundreds of Stores, Lay Off 900 Employees

Starbucks is closing hundreds of underperforming stores and laying off 900 corporate employees as part of a restructuring plan to revitalize the company, costing $1 billion.

Progress

28% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 75% Global Worthiness
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Fiverr Cuts 30% of Workforce Amidst AI-Driven Restructuring

Fiverr, an Israeli freelancing marketplace, laid off 250 employees, or 30% of its workforce, to streamline operations and focus on AI-driven product development and improved efficiency, while maintaining its financial projections.

Progress

24% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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The Evolving Impact of Layoffs in the Age of AI

This article analyzes how the impact of layoffs on remaining employees has drastically changed since 2011, shifting from increased workloads and anxiety to encompass the integration of AI and automation, creating new forms of competition and insecurity.

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16% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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ConocoPhillips Announces Major Layoffs Amidst Industry Downturn

ConocoPhillips, a major oil and gas company, will lay off 20-25% of its global workforce, impacting 2,600-3,250 employees, due to rising costs and a slowing energy boom, amidst a broader trend of job cuts across various sectors.

Progress

40% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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1,990 Alitalia Workers Face Layoffs in November

The Italian government is set to lay off 1,990 Alitalia and Alitalia CityLiner workers on November 1st unless a solution is found before September 9th, prompting union negotiations for alternative solutions.

Progress

16% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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X Settles $500M Lawsuit Over Severance Pay

Elon Musk's X, formerly Twitter, reached a tentative settlement with former employees who sued for $500 million in unpaid severance after approximately 6,000 were laid off in 2022; details of the agreement are not yet public.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 217 results