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 ...

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 ...

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

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

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 ...

A favorite American clothing retailer is axing some of its corporate jobs. High-tech computers might take their place.

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

After dropping substantially last December, job cuts spiked again in February and April this year, with at least 923 U.S.

These new devices use real-time stimulation to reduce stress, improve focus and promote relaxation for employee wellbeing.

At the end of 2023, Nike announced a $2 billion cost-cutting and restructuring strategy that resulted in 740 layoffs at Nike world headquarters in Beaverton.