10 of the Biggest Retail Layoffs of 2022
Many businesses have cut their workforce this year. They want to reduce the cost as there is no profit in the current market. StockX - A sneaker retailer cut its staff in June 2022. He
Many businesses have cut their workforce this year. They want to reduce the cost as there is no profit in the current market. StockX - A sneaker retailer cut its staff in June 2022. He
TuSimple Holdings Inc., a company that manufactures self-driving trucks, stated on Wednesday that it will lay off 25 percent of its workforce as part of a reorganization effort. The change impacts around 350 people, with
This announcement is done by Micron when results for its first quarter came to them, which ended on 1st Dec 2023. The company also announces in the recent US Securities and Exchange Commission, the restructuring
Recently, Tesla announced a hiring freeze, which will come into force soon. Many reports are indicating that Tesla will bring this layoff into the ground in the upcoming quarter between January to march. All this
LeafLink is a well-known cannabis tech company, in New York. This week this company laid off 80 workers, which is around 44% of the workforce. By December about 180 workers had left the platform. Via
The news was reported by the South China Morning Post, based in Hong Kong. It cited social media posts from affected employees and local Chinese media. According to the newspaper, social media platforms in China,
You might have noticed the usual layoffs around Christmas every year. But do you know the reason why companies layoff before christmas? Let’s reveal the harsh truth! The second-highest month for layoffs is frequently December.
Goldman Sachs is reportedly going to lay off around 4,000 employees, as the global bank is looking to cut costs to tackle the drop in its profitability. The layoffs at Goldman Sachs are expected to
Globally, Freshworks has over 5200 people, however it is now laying off 90 employees from areas like sales, marketing, and engineering. Reportedly, the company's CEO and founder, Girish Mathrubootham, issued an email to staff explaining
Virtusa, the IT company based out of Massachusetts in United States, which has office locations across India in states of Tamil Nadu, Karnataka, Telangana, Maharashtra and Haryana. According to media reports, the company is forcing
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