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You Searched For "covid layoffs" and got 20 results


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Young employees need mentorship: Amazon on calling employees back to office five days a week

Amazon's decision to revert to in-office work five days a week has sparked a lot of reactions. Amaz…

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7 mins read

The rise of Airbnb CEO Brian Chesky, who overcame the COVID-19 travel slump and is now leading the company through rental crackdowns

Brian Chesky, Airbnb's 43-year-old cofounder, had an unconventional path to Silicon Valley. Now his…

Jordan Hart,Dan Latu,Avery Ha…   


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4 mins read

Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race

Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…

Tom Carter   


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5 mins read

Southwest ditching its unassigned seat policy shows how budget airlines' business models are getting upended

Low-budget airlines are rethinking their business models as they face an uphill battle for not foll…

Dan DeFrancesco   


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5 mins read

GenZ and finance: Layoffs to continue in 2024 – Here’s how to be financially prepared

However, the layoffs may be more sector specific. “The likelihood of layoffs in India in 2024 is un…

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3 mins read

Mark Zuckerberg explains why so many tech companies are doing layoffs right now

Meta's CEO said tech execs realized doing tough layoffs didn't end their companies — and ther…

Ana Altchek   


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7 mins read

Silicon Valley engineers joked you'd go to LinkedIn to retire. Then came the PIPs and layoffs.

14 current and former LinkedIn employees say the workplace culture shifted from the "golden days" t…

Jyoti Mann,Grace Kay   


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2 mins read

Spotify's layoffs show there's a debt-market time bomb awaiting many companies

Spotify cut 1,500 jobs Monday – and CEO Daniel Ek pointed to higher debt-refinancing costs as one f…

George Glover   


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2 mins read

2 lakh techies lost jobs in 2023, more to come

The year 2023 has become the worst year for tech employees as nearly 2 lakh tech employees -- from …

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6 mins read

From war to layoffs to meltdowns to famous deaths: The year that was 2022

Russia invaded Ukraine and got suspended from the UNHRC. Massive layoffs took place at Meta, Twitte…

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4 mins read

A career coach shares the top industries hiring Gen Z and millennials in 2024 — and where layoffs might happen

A career coach for millennial and Gen Z workers says layoffs will continue, but the healthcare, cyb…

Elle Hardy   


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Tesla set for another round of layoffs in early 2023, pauses hiring

The electric car-maker company had resumed hiring during the second half of the year. The n…

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Google to axe 12,000 jobs; CEO Sundar Pichai says company hired for a different economic reality

Google is laying off 12,000 employees worldwide. While Google announced a severance package for tho…

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1 min read

Ghost kitchen startup Butler quietly folded after 6 years, laying off roughly 1,000 employees after raising more than $50 million in total funding

Hospitality startup Butler ceased operations in May with very little warning to employees or vendor…

Samantha Delouya   


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4 mins read

Inside the 'doomsday' layoffs at Goldman Sachs

In Insider Weekly: We talk about Goldman Sachs' brutal layoffs, why paid sabbaticals are a good thi…

Matt Turner,Dave Smith   


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4 mins read

Flexport is cutting 20% of employees, 4 months after Amazon boss Dave Clark took over the buzzy supply chain startup. Read the full layoff memo.

Co-CEOs Dave Clark and Ryan Petersen told their staff of 3,000 "we're going to need to be nimble" i…

Emma Cosgrove   


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4 mins read

Retailers are hoarding labor even as tech layoffs mount

While it's tempting to view recent layoffs as an emerging trend in the retail sector, that doesn't …

Avery Hartmans,Dominick Reuter   


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4 mins read

Is your job at risk? If you're working in any of these roles then you need to be worried

The revised business forecast and expected margins have forced companies to redraw their business p…

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1 min read

Zomato plans to lay off 3% of its workforce

Online food delivery platform Zomato on Saturday said it is planning to lay off nearly 3 per cent o…

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2 mins read

American Airlines says it will furlough 19,000 workers unless Congress agrees on more COVID-19 relief

American Airlines will furlough between 17,000 and 19,000 employees on October 1 as the coronavirus…

David Slotnick