Layoffs
January Layoffs Hit Their Highest Level in 17 Years
The “no-hire, no-fire” era may be ending. U.S. employers announced 108,435 layoffs in January, the highest for any January since the 2009 financial crisis, according to outplacement firm Challenger,...
Pinterest CEO Fires Engineers Who Tracked Layoffs
Last week, Pinterest laid off just under 15% of its staff due to restructuring and investing in AI projects. After the announcement, several engineers created software to identify which...
The Washington Post Just Laid Off One-Third of Its Staff
The Washington Post is cutting one-third of its staff in what may be the most dramatic reshaping in the newspaper’s modern history. Executive Editor Matt Murray called it a...
Amazon to Cut 16,000 Jobs Next Week
Amazon is planning a second round of job cuts starting as soon as Tuesday as part of its goal to eliminate 30,000 corporate workers, Reuters reports. The company cut...
McKinsey Plans to Cut 10 Percent of Its Workforce
McKinsey & Company, the consulting powerhouse known for advising companies on efficiency and cost-cutting, is now planning to cut its own workforce, according to Bloomberg. The firm wants to...
HP Is Cutting Up to 10% of Its Workforce Due to AI
Key Takeaways HP is planning to lay off between 4,000 and 6,000 employees by the end of its fiscal year 2028. The move is part of a broader push...