UPS to close Baltimore County warehouse, eliminating 540 jobs
Facility shutdown part of modernization plan; reopening slated for 2025
Layoff Wire
Tesla slashes workforce by over 14% in 2023, aims for greater efficiency
CEO Elon Musk hints at additional layoffs amid declining sales and rising competition
Tesla slashes workforce again: 600 jobs cut amid market pressures
Company faces declining demand and increased competition in the EV market
Tesla to lay off nearly 2,700 employees at Texas Gigafactory amid restructuring efforts
Major job cuts announced in WARN notice as company aims for cost reductions and increased productivity
Google announces layoffs affecting undisclosed number of employees
Tech giant cites economic challenges and strategic realignment as reasons for workforce reduction
Citigroup cuts 7,000 jobs in reorganization push, targets 20,000 by 2026
Bank exceeds Q1 earnings expectations amid restructuring
Tesla to cut workforce by 10% amid 9% sales decline in first quarter
CEO Elon Musk cites need for cost reductions as key executives announce departures
Citigroup initiates layoffs affecting hundreds in New York and Florida
Bank plans to eliminate 20,000 jobs by 2026 as part of a comprehensive cost-cutting strategy
Ford cuts 1,400 jobs at F-150 Lightning Plant amid production scale-back
Automaker reallocates workforce to focus on gas-powered vehicles as EV production targets are reduced
Citigroup finalizes major overhaul, reduces workforce by 5,000
Bank simplifies organizational structure to enhance performance