Standard Chartered has announced plans to cut more than 7,800 back-office jobs — roughly 15% of that division's workforce —…
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Congress Urged to Probe Kowloon House Over Mass Firing of Workers Who Dared Complain About Stolen Wages
Gabriela Partylist Representative Sarah Elago is calling on Congress to investigate Kowloon House's alleged mass termination of workers, which labor…
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America’s Second-Largest Alcohol Distributor Is Cutting Nearly 2,000 Texas Jobs as It Sells Off Major Markets
Republic National Distributing Co., the nation's second-largest alcohol distributor, is laying off 1,903 Texas employees, including 689 at its Grand…
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Meta’s Mass Layoff Countdown Leaves 7,800 Workers in Limbo as Termination Day Approaches
Meta employees have been enduring weeks of uncertainty since the company announced on April 23 that it would eliminate approximately…
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Starbucks Shuts Down Four Regional Offices and Cuts 300 More Corporate Jobs as CEO Brian Niccol Bets Everything on a Leaner Future
Starbucks announced on May 15, 2026, that it is cutting 300 additional corporate employees and closing regional offices in Atlanta,…
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Firing Workers for AI Is Backfiring on Companies as Stocks Fall 25%
A CNBC analysis of 23 S&P 500 companies that explicitly attributed workforce cuts to artificial intelligence found the strategy rarely…
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Wholesale Prices Surge at Fastest Pace in Three Years While Home Sales Hit Nine-Month Low
U.S. economic data released in mid-April painted a mixed picture. Existing home sales dropped 3.6% in March to an annual…
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LinkedIn Cuts 875 Jobs Despite 12% Revenue Growth as Tech Industry Layoffs Surpass 103,000 in 2026
Microsoft-owned LinkedIn is planning to cut approximately 5% of its global workforce — roughly 875 of its 17,500 employees —…
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Life-Sciences Manufacturer IDEX Shuts Down Connecticut Facility, Eliminating 73 Jobs in Two Waves
IDEX Health & Science, a life-sciences manufacturer of optofluidic products, announced plans to permanently close its Bristol, Connecticut facility at…
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LinkedIn Cuts 875 Jobs While Revenue Grows 12%, Revealing the Real Cost of Corporate Reorganization
LinkedIn is cutting approximately 875 jobs — about 5% of its roughly 17,500 employees — despite reporting 12% revenue growth…
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