layoffs and downsizing

Dropbox would lay off 11 percent of its workforce worldwide, citing that such a move is “necessary to implement new strategies” that the company...

Southwest Airlines announced that 6,800 employees may be furloughed by spring due to an alleged “lack of meaningful progress” in cost-cutting negotiations with labor...

First-time claims for unemployment benefits in the United States totaled 712,000 in the week that ended on November 28th, reaching the lowest level during...

Delta Air Lines has reached a deal with its pilots to implement pay cuts to avoid furloughs along with Southwest Airlines' warning of massive...

Disney disclosed in their latest 10-K filing new downsizing plans which would increase the 28,000 layoffs announced in September to 32,000.Disney disclosed in their...

-General Electric warned on Tuesday afternoon of more job cuts at its aviation unit, citing a lengthy recovery for the airline industry from the...

German giant Thyssenkrupp announced on Thursday morning it will cut another 5,000 jobs to stem losses across its conglomerate, after posting a $1.9 billion...

Exxon Mobil Corp announced on Thursday that it would reduce its global workforce by 15%, including 1,900 U.S. jobs, by the end of 2022,...