Officials of beleaguered Paramount Global announced Thursday plans to cut 15 percent of the company’s US workforce, or some 2,000 jobs. The layoffs are part of...
Text size Auto giant Stellantis announced Friday it will cease production of its entry-level Ram 1500 Classic pick-up at a Michigan plant, and threatened to cut...
Stellantis NV, the owner of the Jeep and Ram brands, plans to eliminate as many as 2,450 hourly positions at a pickup truck factory located near...
Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and...
Paramount Global wrote down the value of its cable networks by nearly $6 billion and announced it would cut 15% of jobs on Thursday, even as the company’s...
Reliance, India’s largest conglomerate, reduced its workforce by 11%, or more than 42,000 people, in the financial year ended March 2024. The conglomerate also slowed hiring,...
WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities. The company...
Joe Amon, The Denver Post TIAA will shut down its Denver operations center and eliminate 1,000 jobs in Colorado as part of a shift to a...
Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with...
Chipmaker Intel Corp. is cutting 15% of its massive workforce as it tries to turn its business around to compete with more successful rivals like Nvidia...
Bungie, the gaming company that created sci-fi hits such as Halo, Destiny, and Marathon, has laid off 220 employees, roughly a 17% reduction to its workforce,...
Layoffs are underway at Disney Entertainment Television today. Roughly 140 people are affected, representing about 2% of the total DET workforce. National Geographic is the hardest-hit...