Juul to Cut More Jobs
The e-cigarette maker said it will make a "significant global reduction" and exit multiple markets as part of a long-term strategy.
Nike to Cut Jobs As Part of Digital Sales Push
The footwear giant says the “strategic alignment” of its operating model will “create even greater focus and agility."
LinkedIn to Cut 6% of Global Workforce
The Microsoft-owned networking platform said the coronavirus pandemic is having a sustained impact on demand for its recruitment products.
Survey: CFOs Double Down on Staff Cuts Amid Ongoing Disruption
“CFOs are unsure what reopening will look like and have little visibility into when revenue will start to normalize.”
Nissan to Cut 12,500 Jobs After Profit Plunge
The automaker is cutting 9% of its global workforce after reporting a 99% plummet in operating profit.
CEO Departures Hit a 17-Year High in 2019
"Companies appear to be preparing for a contraction in the market," says Challenger, Gray & Christmas.
Ford Europe to Cut Thousands of Jobs in Turnaround Drive
The automaker’s global cost-cutting effort starts with eliminating thousands of jobs, discontinuing slow-selling models, and combining headquarters.
Under Armour Sets Aside $10M To Cover Job Cuts
The company raised its profit outlook and said the cost savings would begin to show up next year.
Deutsche Bank Announces Job Cuts; Chair Survives Removal Vote
Most of the cuts will be in Deutsche’s corporate and investment bank, in particular equities sales and trading personnel.
Rent-A-Center Cuts 250 Jobs, Confirms Offers
The struggling furniture and equipment rental firm has been under pressure from activist investors to sell itself.