CVS to lay off 3,000 employees amid $2 billion cost-cutting initiative
Corporate restructuring targets operational efficiency and potential division split
Layoff Wire
Cisco streamlines Bay Area operations, consolidating to Splunk office
Tech giant streamlines real estate footprint and workforce following $28 billion Splunk acquisition
New York Public Radio eliminates 26 positions, cancels ‘Notes From America’ amid $12 million budget deficit
Station reduces workforce by 8.5%, scales back podcasts and live events to address financial challenges
Cisco to cut over 840 Bay Area jobs in massive layoff round
Tech giant slashes 7% of workforce despite $10.3 billion profit
Cisco to cut 7% of jobs in second round of layoffs this year
Tech giant shifts focus to AI and cybersecurity amid workforce reductions
Stellantis to lay off 2,450 workers at Michigan’s Warren Truck Plant
Production shift and declining sales prompt significant workforce reduction
Stellantis to lay off 2,450 workers as Ram 1500 classic production ends
Automaker shifts focus to new models amid cost-cutting measures
Intel slashes 15,000 jobs in major restructuring to cut $10 billion by 2025
Chipmaker faces financial woes as AI competition heats up
Wells Fargo to lay off 74 Jacksonville employees amid business unit closure
Bank’s strategic exit impacts local workforce; severance and health benefits offered
Wells Fargo cuts more jobs in Des Moines, totaling 219 layoffs in 2024
Financial giant continues workforce reduction amid strategic realignment