Spotify said Monday that it will cut 6% of its workforce to reduce costs – CEO Daniel Ek took full responsibility for the job cuts, which he called “difficult but necessary” business Article 326 words 8 votes
Klarna has revealed that losses more than tripled in the first half of the year – firm has been hit by a slowdown in consumer spending business Article 507 words 8 votes
Coinbase to lay off 18% of staff (1,110 people) because the company grew too quickly and a potential recession "could lead to another crypto winter" cryptocurrency business Article 89 words 17 votes
Finnish telecoms giant Nokia is to axe between 5,000 and 10,000 jobs worldwide in the next two years as it cuts costs business Article 7 votes
Inside the airline industry's meltdown: Coronavirus has hit few sectors harder than air travel, wiping out tens of thousands of jobs and uncountable billions in revenue business Article 3670 words, published Sep 29 2020 14 votes
Uber lays off another 3000 employees, shuts forty-five offices in coronavirus crunch business Article 502 words 7 votes
The US is betting that being furloughed is better than being fired for 600,000 workers Article 9 votes
Walmart employees say they’re preparing for job cuts as retailer rolls out its ‘Great Workplace’ program business Article 1518 words 9 votes
SoftBank is selling its stake in dog-walking startup Wag back to the company, as Wag cuts 80% of staff business Article 9 votes
HQ Trivia lays off ~20% as it preps subscriptions—Just 8% as many downloads as last year business Article 707 words 10 votes
Lack of redundancies on Boeing 737 MAX system baffles some involved in developing the jet business Article 2245 words, published Mar 26 2019 5 votes
Ninety-nine coal miners laid off at Wyoming County mine business Article 283 words, published Aug 1 2018 10 votes
Tesla is laying off about 9% of its workforce as it restructures the company business Article 1474 words 6 votes