Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more
Tag: lay
Salesforce will lay off 10% of staff as part of restructuring
Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more
PepsiCo to lay off ‘hundreds’ in snack and beverage divisions: WSJ
PepsiCo Inc. PEP, -1.38% is laying off “hundreds” of workers at the headquarters of its North American snacks and beverages divisions, The Wall Street Journal reported Monday, citing people familiar Read more
DoorDash to lay off 1,250 employees as CEO says costs grew too fast
Food-delivery platform DoorDash Inc. plans to lay off about 1,250 employees, becoming the latest technology company to admit that it grew expenses too rapidly for the current climate. Chief Executive Read more
Meta to lay off more than 11,000 employees, or 13% of staff
Meta Platforms Inc. META, -0.26% Chief Executive Mark Zuckerberg told employees Wednesday that he planned to lay off about 13% of the social-media company’s employee base as Meta works to Read more
Stripe to lay off 14% of staff as CEO says he made ‘two very consequential mistakes’
The massive financial-technology unicorn Stripe plans to lay off 14% of its employees, becoming the latest tech company to acknowledge that it had been too upbeat about growth trends levered Read more
HelloFresh to close California facility, lay off more than 600 workers
HelloFresh SE, which touts itself as the world’s largest meal-kit provider, is laying off more than 600 workers and shutting down its production facility in California, which a spokeswoman explained Read more
Royal Mail may lay off up to 6,000 after loss in first half
International Distribution Services PLC said Friday that its U.K. division Royal Mail swung to an adjusted operating loss for the first half of fiscal 2023, mostly due to the effect Read more
Royal Mail may lay off up to 6,000 after loss in first half
International Distribution Services PLC said Friday that its U.K. division Royal Mail swung to an adjusted operating loss for the first half of fiscal 2023, mostly due to the effect Read more
Intel reportedly plans to lay off thousands of workers, with details potentially emerging alongside quarterly earnings
Intel Corp. may fire thousands of workers by the end of the month, around the same time the chip manufacturer reports quarterly results amid a tough year for semiconductor makers, Read more
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