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
Tag: lay
Wayfair to lay off 5% of employees, stock falls
Online furniture retailer Wayfair Inc. plans to lay off about 870 employees as it looks to cut back its expenses. The planned job cuts represent roughly 5% of Wayfair’s W, Read more
Robinhood to lay off 23% of its workforce, with CEO admitting ‘this is on me’
Robinhood Markets Inc. plans to cut its staff by 23%, citing the weakening economic environment and depressed trading activity. Chief Executive Vlad Tenov publicly announced the layoffs in a Tuesday Read more
Robinhood to lay off 23% of its workforce, with CEO admitting ‘this is on me’
Robinhood Markets Inc. plans to cut its staff by 23%, citing the weakening economic environment and depressed trading activity. Chief Executive Vlad Tenov publicly announced the layoffs in a Tuesday Read more
Lyft to end direct car rentals, will lay off 60 workers
Lyft Inc. said Wednesday that it is discontinuing its direct car-rental business and is laying off about 60 people as a result. A Lyft LYFT, -2.93% spokeswoman confirmed a reorganization Read more
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