The reduction fell under Adam Smith, product and technology chief, and amounted to under 2% of the group.

Intel, Walmart, Renesas and Boston Scientific disclosed plans for well over 500 job cuts in the Bay Area as the wobbly tech ...

Aditya Birla Group expects four of its lifestyle brands - Louis Philippe, Van Heusen, Allen Solly, and Peter England - to ...

One prominent example is financial technology company Klarna. Beginning in 2022, Klarna replaced about 700 customer service employees with AI tools as part of a push to automate both marketing and ...

A major Nike rival will axe 150 workers — and it may replace them with AI. Lululemon, the Canada-based athleisure brand known ...

Gen Z employees are following a new trend to appear busy in the office, showing how desperate they are to avoid the chop amid ...

Layoff notices have been delivered to hundreds of employees at the Voice of America outlet, including the Persian-language ...

Inventory at the athleisure giant is piling up as newer entrants in the space take share, and sales in its largest market are ...

"We feel pretty confident that we've made the right decision," Pinterest's Doniel Sutton said of the company's remote work ...

The first collection was set to debut this spring, but the two teams are working to ensure they drop the right product at the ...

Schools say the Trump administration’s cuts to higher education are forcing them to consider extreme cost-cutting measures, ...