Facebook managers instructed to weed out lowest-performing employees
Potential layoffs at Facebook: engineering managers instructed to identify and weed out low-performing employees. Many worry this could result in mass layoffs. ...
Netflix lays off 300 employees
Layoffs at Netflix: foe the second consecutive month, Netflix has laid off its employees. ...
Coinbase lays off 18% of its workforce
Layoffs at Coinbase: company says it overhired during crypto boom. Around 1,100 employees to be laid off amidst recession concerns. ...
Tesla to cut 10% salaried employees: Musk
Tesla layoffs: CEO Elon Musk informed employees in a mail that the company is set to cut 10% of salaried employees. ...
Netflix lays off 150 employees
Layoffs at Netflix: the company lays off around 150 employees as part of the plan to cut down spending. ...
Beauty startup Glossier lays off a third of its corporate staff
Retail jobs, Startup: one-third of corporate employees of beauty startup Glossier were laid off according to an email from CEO Emily Weiss. ...
Layoffs slightly rise, but stay at pre pandemic levels
Jobless claims, layoffs: Weekly jobless claims which are a proxy for layoffs are below to a 220,000-a-week level that was typical before the coronavirus pandemic. ...
Jobs become more secure as bosses fire fewer employees
Employee terminations: Data from the Labor Department shows that there were 227,000 fewer firings and layoffs than even the pre-pandemic low reached in September 2016 ...
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