Streaming giant Netflix confirmed that the company laid off approximately 150 employees after losing subscribers for the first time in a decade. The employee cuts largely affected its office in California which makes up around 2% of the company’s North …
New York state court to fire 156 unvaccinated workers by April. According to letters obtained by Law360, the New York Office of Court Administration has ordered its employees to follow the vaccination mandate or lose their jobs. “Should you fail …
Peloton announced on Tuesday that it is replacing its CEO John Foley, while it plans to lay off about 20% of its corporate staff globally to cut costs for the flailing company. Barry McCarthy, former chief financial officer of Spotify …
British bank Virgin Money on Thursday has announced closing 31 branches and axing around 112 jobs across Scotland and the north of England “as it adapts to changing customer demand.” The company said that upon reviewing, 31 of their branches …
Alibaba Group Holding Ltd has fired 10 employees after publicly sharing a female coworker’s statement that indicated her sexual assault accusations against a former supervisor of the company, Bloomberg reported on Monday. In an internal memo, Alibaba announced last week …
Qantas will stand down around 2,500 of its employees for about two months due to the extended COVID-19 lockdown in Sydney that affects air travel across Australia. The airline announced on Aug. 3 that the stand down will directly impact …
Nissan Motor has furloughed around 800 workers at its UK assembly plant due to the worsening global chip shortage. “We are adjusting production, and the number of workers daily, due to the semiconductor shortage. There were times when staff were …
Volkswagen plans to cut as many as 4,000 of its workers at its plant in Germany, offering early an partial retirement for its older employees. Volkswagen made a statement earlier this morning that it would offer partial retirement plans for …
Approximately 2.6 million British employees, or around eight percent of the UK’s workforce, said that they are expecting to lose their jobs in the following three months due to the persevering economic downturn caused by the pandemic crisis. A study …
Workers have held protests and stormed the Total S.E. Headquarters in France amid impending layoffs. “Total does not want our struggle to be heard, for the pickets to spread, and to pay for poverty and unemployment. After Grandpuits, who will …
