Southwest Airlines is repositioning about 120 ground operations and frontline employees across four airports: San Jose Mineta International, Los Angeles…
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Netflix Slashes 1,000 Jobs as Gaming Subsidiary Employees Also Exit
Netflix is cutting about 1,000 jobs globally, roughly 6 percent of its workforce. Co-CEOs Ted Sarandos and Greg Peters announced…
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61-Year-Old California Rock Station Silences Every On-Air Host Overnight
KCAL-FM 96.7, a Redlands classic rock station, eliminated its entire on-air DJ roster on Aug. 1, shifting to an all-music…
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BitGo Cuts Nearly 15% of Workforce Days After Posting 112% Revenue Surge
BitGo will cut nearly 15% of its workforce, CEO Mike Belshe announced Thursday, citing a shift toward automation and AI-powered…
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Xbox Cuts 3,200 Jobs as Staff Describe Two-Minute Firing Calls
Xbox laid off 3,200 staff on July 6 after chief executive Asha Sharma announced a division reset, cutting 1,600 roles…
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Upwork posts $28M profit while axing 21% of workforce
Upwork announced a 21% workforce reduction, about 160 jobs, despite a $28 million quarterly profit on $194 million in revenue.…
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Failed pancreatic cancer trials trigger 75 percent staff purge at FibroGen
FibroGen is cutting 127 jobs at its San Francisco headquarters, roughly 75 percent of its U.S. workforce, after two late-stage…
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$16B Okta slashes 180 jobs despite posting its first-ever profits
Okta just recorded its first profitable year in company history, yet it is still cutting 180 employees from its workforce…
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Visa axes six VPs and over 300 staff just before a $2.4 billion AI acquisition
Visa just laid off 300 employees, including six VPs, right as it prepares to drop $2.4 billion on an artificial…
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Lucid Slashes Entire Arizona Production Shift and COO Role After $15.6 Billion Deficit
Lucid just eliminated an entire production shift and dissolved its COO position following staggering financial losses in the billions. The…
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