Latest in Lyft to cut some jobs as it restructures its bikes and scooters operation
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Stripe cuts 300 jobs in product, engineering and operations
Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.CNBC - 14h -
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UK employers cut jobs after Budget, official data shows
Drop in payrolled workforce comes even as wage growth acceleratesFinancial Times - 1d -
Commerzbank explores thousands of job cuts in answer to Andrea Orcel
German lender under pressure to cut costs and boost returns after approach from UniCreditFinancial Times - 3d -
Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.MarketWatch - 4d -
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - 4d -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - 4d -
The Trevor Project to undergo layoffs and restructuring in major ‘transformation’
The Trevor Project, a national LGBTQ youth suicide prevention and crisis intervention organization, announced Friday that it will undergo a “transformation” that will include layoffs and ...NBC News - 4d -
Timothée Chalamet’s red-carpet ride adds to Lime bikes’ fashion credentials
Actor’s premiere entry shows how the electric rental bikes have shifted gear from everyday commuter transport. Wobbling along on a scuffed-up, muddy Lime bike is a journey that is increasingly ...The Guardian - 5d -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - 5d -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 6d -
BP to cut 4,700 jobs and 3,000 contractor roles to help save £1.6bn
Oil company to lose 5% of its staff in effort to cut costs amid shareholder worries over green energy strategy. BP is to cut thousands of jobs from its global workforce, amounting to 5% of its ...The Guardian - 6d -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - 6d -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - 6d -
Kristi Noem is Trump's pick to run DHS. But she might not be in charge of one of its key jobs.
Noem's role as Homeland Security secretary is expected to be more limited in scope than her predecessors’, sources familiar with the Trump transition tell NBC News.NBC News - 6d -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 6d -
Steve Jobs Used the 2-Hour Rule to Come Up With Some of His Greatest Ideas. So Can You
Steve Jobs knew that constant busyness is the enemy of great ideas. Put his insight to use with the two-hour rule.Inc. - Jan. 15 -
Meta to Cut 5% of Its Workers in New Round of Layoffs
The layoffs come as Mark Zuckerberg pushes to remake his company for the Trump era and prepares to co-host a gala for the president-elect’s inauguration.The New York Times - Jan. 14 -
Gazprom considers record job cuts as Ukraine war ravages finances
Russian energy group hit by plummet in European gas sales and oil sanctions, putting 1,600 jobs on lineFinancial Times - Jan. 13 -
Amazon to halt some of its DEI programs: Internal memo
The company said it is in the process of "winding down outdated programs and materials" as part of a broader review of hundreds of initiatives.CNBC - Jan. 10 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Tilray’s stock slumps as cannabis and beer company plans to cut its drinks lineup
Tilray Brands’ stock fell Friday after the beer and cannabis company said it expects a $20 million impact on its full-year revenue as it embarks on a cost-cutting plan that will reduce the number ...MarketWatch - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - Jan. 10 -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - Jan. 9 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
As Elon Musk Embraces the Far Right, Some of Its Leaders Reject Him
Mr. Musk has fallen out with prominent right-wing Americans who say they are worried that their agenda may be sidelined in favor of his own — and that he is willing to silence them on X.The New York Times - Jan. 8 -
Delta links its loyalty program to Uber, ending partnership with Lyft
Starting this spring, Delta SkyMiles members will be able to earn loyalty points for Uber rides.CNBC - Jan. 8 -
Want to land a remote job in 2025? These 20 companies are hiring—some jobs pay over $100,000
FlexJobs saw a 20% increase in the number of remote job listings in 2024 over 2023 — up 9% from the year prior.CNBC - Jan. 7 -
Uber and Lyft to offer driverless rideshare cars
Customers in Atlanta and Austin, Texas, will be able to hail one of these driverless rideshare cars via the Uber app.The Hill - Jan. 7 -
McDonald's says it is rolling back some of its diversity practices
McDonald's joins other major corporations in unwinding its diversity, equity and inclusion efforts.CBS News - Jan. 6 -
Why Lyft Is Giving New York City Riders a Credit During January
Uber and Lyft are reacting to New York City’s congestion pricing in different ways.Inc. - Jan. 6 -
The Challenge for Made-in-America Bikes? Made-in-China Parts
Two and a half years after Guardian Bikes opened a factory in Indiana, it is trying to find components manufactured in the U.S.The Wall Street Journal - Jan. 6 -
How Uber and Lyft Are Gearing Up for the Robotaxi Revolution
After ending their own driverless plans, the ride-sharing companies are embracing autonomous-vehicle operators and offering new app features.The Wall Street Journal - Jan. 6 -
Tributes to 'much loved and popular' boy after quad bike crash
Tiarnán Trainor was injured in the incident just outside Killeavy, near Newry, and died in hospital.BBC News - Jan. 4 -
Barcelona to fine e-scooter users up to €500 for riding on pavements
Council to crack down on antisocial behaviour linked to rapid rise of e-scooter riders in city . Anyone riding an electric scooter on the pavement or without a helmet in Barcelona faces a fine of ...The Guardian - Jan. 3 -
Come home, Ghana told African diaspora. Now some Black Americans take its citizenship
Ghana recently granted citizenship to 524 people from the Black diaspora, and most were Black AmericansABC News - Jan. 3