Latest in Supplier Layoffs
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'My £5,700 energy bill was cancelled because supplier broke rules'
Thousands of people have received energy bills that are older than 12 months, despite it being against regulator rules.BBC News - 14h -
German defence groups turn to car supplier layoffs to meet soaring demand
Air defence radar maker Hensoldt offers to hire laid off engineers from Bosch and Continental as automotive job cuts riseFinancial Times - 1d -
Jordan Spieth returns from left wrist surgery after longer layoff than expected: 'I'm glad that I've waited'
One of the PGA Tour's biggest stars is back in action this week at the 2025 AT&T Pebble Beach Pro-AmCBS Sports - 1d -
Apple supplier Qorvo sees swift reversal in stock price after warning of weakness in smartphone parts
Qorvo, a key Apple supplier reported strong earnings and guidance, but the stock dropped after the company warned of flat sales to its "largest customer."CNBC - 3d -
Harland & Wolff takeover raises fears over payments to suppliers
Bankrupt shipbuilder is being bought by Spanish state-owned group NavantiaFinancial Times - 6d -
Bridgestone announces a tire plant closure in Tennessee with 700 layoffs and other reductions
NASHVILLE, Tenn. — Tire manufacturer Bridgestone Americas is closing its LaVergne, Tennessee, truck and bus radial tire plant and laying off 700 workers there, the company announced in a news release.NBC News - 6d -
Target Drops DEI Goals and Ends Program to Boost Black Suppliers
Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives.The Wall Street Journal - Jan. 24 -
Canada to Review Amazon Contracts After Quebec Layoffs
Canada has warned Amazon.com that it is reviewing business ties with the company’s cloud-computing unit following Amazon’s decision to shut down its warehouses in Quebec, leading to the layoff of ...The Wall Street Journal - Jan. 23 -
CNN announces about 200 layoffs as it attempts to modernize business
Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.CNBC - Jan. 23 -
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.The Wall Street Journal - Jan. 22 -
Polestar seeks new suppliers after US ban on Chinese software in EVs
Carmaker backed by China’s Geely maintains US growth strategy despite mounting uncertaintyFinancial Times - Jan. 22 -
GDC survey reveals a rocky year of layoffs and AI skepticism for game developers
The 2025 GDC survey revealed the impact of industry-wide layoffs in 2024 where one of every 11 game developers lost a job.VentureBeat - Jan. 21 -
Unknown 9 Deemed A "Failure" As Developer Cancels Future Project And Confirms Layoffs
Unknown 9: Awakening developer Reflector Entertainment has deemed its first game as a failure and has canceled a future project, resulting in layoffs.. "This decision correlates directly with the ...GameSpot - Jan. 21 -
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 - Jan. 17 -
Nvidia supplier Taiwan Semi reports profit surge. AI capacity is ‘very tight,’ CEO says.
Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.MarketWatch - Jan. 16 -
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 -
FDA finds little handwashing, dirty equipment at McDonald's supplier linked to outbreak
More than a hundred E. coli cases were linked to contaminated onions produced by Taylor Farms used in McDonald's burgers.CBS News - Jan. 10 -
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Under Shadow of Planned Tariffs, Auto Suppliers Rethink Production Plans
From the sidelines of CES 2025, global car parts suppliers ponder the consequences of Trump’s threatened import duties.Inc. - Jan. 9 -
Meta’s factchecking partners brace for layoffs
Meta has provided over $100m for certified organizations to conduct factchecks on its platforms since 2016. Mark Zuckerberg’s decision to end factchecking on Facebook and Instagram in the US ...The Guardian - Jan. 8 -
Alaba back in Madrid squad after year-long layoff
David Alaba has returned to the Real Madrid squad ahead of the Spanish Supercopa semifinal against Mallorca following a year-long layoff due to injury.ESPN - Jan. 7
