Plan Slash Workforce

Dropbox slashes 20% of global workforce, eliminating more than 500 roles

Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, according to CEO Drew Houston.

Business - CNBC - October 30

Dropbox slashes 20% of global workforce, eliminating more than 500 roles

Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period” as its file sync ...

23andMe to slash 40% of its workforce, end therapeutics program to cut costs

DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.

Business - MarketWatch - November 12

Elon Musk handpicked by Trump to carry out slash-and-burn cuts plan

World’s richest man has been an enthusiastic cost-cutter – but he may find the public sector an entirely different beast. Donald Trump, president-elect of the US, announced on Tuesday that he has ...

World - The Guardian - November 13

Vivek Ramaswamy Returns to Push His Plans to Slash the Government

The wealthy entrepreneur, tapped by Donald Trump to co-lead an outside effort focused on “efficiency,” campaigned on an assertion that the president has the power to fire 75 percent of the federal ...

Top stories - The New York Times - November 15

23andMe reports sales decline a day after announcing plans to cut 40% of workforce

Embattled genetic testing provider 23andMe said Tuesday that revenue declined from a year earlier, a day after the company announced a cost-cutting plan.

Business - CNBC - November 12

Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms

Retailers and brands have already made a push to diversify sourcing because of tariff risks and supply chain disruptions.

Business - CNBC - November 7

How Elon Musk’s plan to slash government agencies and regulation may benefit his empire

Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.

Business - CNBC - 2 days ago

Ford Slashes Thousands Of Jobs In Europe

World - Yahoo News - 3 days ago

Dropbox to cut 20% of workforce as it moves to boost growth

Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...

Business - MarketWatch - October 30

Men over 70 are flooding back into the workforce

The headline figure of 12,000 jobs from the latest labor-market report is getting all the attention — but as usual, the much more interesting stuff is buried in the fine print.

Business - MarketWatch - November 2

Watch: Biden speaks at White House workforce summit

President Biden, with just over two months left in office, spoke at a White House event Wednesday focused on the administration's "Investing in America" agenda. Biden and first lady Jill Biden are ...

Politics - The Hill - November 13

‘Robot revolution’ forces China’s human workforce to adapt

Factory machinery is evolving fast. Can the workers who will use it keep up?

World - Financial Times - November 14

EstéeLauder Shares Plunge 21% After It Slashes Dividend

The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.

Business - The Wall Street Journal - October 31

Goldman slashes European growth forecasts on Trump trouble

Elections have consequences

World - Financial Times - November 7

Ramaswamy: 'We want to go in and slash and burn that bureaucracy'

Vivek Ramaswamy, who landed a role alongside tech billionaire Elon Musk in President-elect Trump’s incoming administration as heads of the new "Department of Government Efficiency" (DOGE), ...

Politics - The Hill - November 14

23andMe cuts 40% of its workforce and discontinues therapeutics division

23andMe is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts to slash costs

Health - ABC News - November 12

23andMe to lay off 40% of its workforce as stock price plummets

The genetic testing company 23andMe is cutting 40% of its workforce and ending its therapeutics program as its stock price continues to plummet. CBS News correspondent Carter Evans has more on what ...

AMD to lay off 4% of workforce, or about 1,000 employees

At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.

Business - CNBC - November 13

Why the Return to Office Workforce is Coming Back Less Diverse

Studies show women, people of color, and disabled employees, many of them high performers, are choosing job flexibility and working from home over going in to work.

Business - Inc. - November 15

Boeing CEO Kelly Ortberg Speaks Hard Truths to a Divided Workforce

Sometimes a leader needs to deliver a tongue-lashing to get a business turnaround into high gear. The veteran aviation industry executive didn’t hold back.

Business - Inc. - 3 days ago