Swiss pharmaceutical giant Roche is sitting on $16 billion in earnings while quietly erasing 143 positions from its Genentech campus…
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$1.2B Biotech Giant Slashes 40% of Workforce as Cash Dwindles
A single biotech firm once valued north of a billion dollars is cutting nearly half its staff in a scramble…
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Once a $700 Million ‘Uber of Weed,’ Eaze Collapses and Lays Off 500
A California weed delivery pioneer once valued at $700 million shut down completely this week and terminated its entire workforce…
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From $12 Billion to $159 Million: Chegg Slashes 319 Jobs as AI Decimates Its Business
Chegg just laid off nearly a quarter of its workforce after losing 99% of its market value in four years.…
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eBay Slashes 1,000 Jobs as CEO Admits Workforce Grew Faster Than the Business
eBay announced Tuesday it is cutting approximately 1,000 employees — 9% of its full-time workforce — with 281 Bay Area…
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Daraz Bangladesh Cuts 100 Jobs in 15-Minute Meetings as Alibaba’s Regional Retreat Deepens
Alibaba-owned e-commerce platform Daraz Bangladesh reportedly laid off approximately 100 employees on May 6 and 7, according to former staff…
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Nexteer Automotive Cuts 80 Jobs as Auto Industry Demand Shifts Threaten Saginaw County’s Second-Largest Employer
Nexteer Automotive laid off 80 workers across its Buena Vista Township plant and Auburn Hills global headquarters, the company confirmed…
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Ubisoft Shuts Down Two Studios and Cuts 380 Jobs as Its Cost Crisis Forces a Major Rainbow Six Overhaul
Ubisoft is reportedly closing studios in Winnipeg and Belgrade while laying off staff in Barcelona and San Francisco, putting approximately…
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