Layoffs

The U.S. Supreme Court on Tuesday removed a key legal barrier to President Donald Trump‘s mass federal workforce reduction plans, potentially affecting tens of thousands of government employees while reshaping bureaucratic operations that impact market sectors from defense contracting to...

As Microsoft Corporation (NASDAQ:MSFT) reels from sweeping layoffs affecting 9,100 employees, an Xbox executive's suggestion to use AI chatbots for emotional support has ignited fierce backlash online. What Happened: Last week, Matt Turnbull, a leader at Xbox Game Studios, posted on LinkedIn that...

The U.S. Centers for Disease Control and Prevention reversed course Wednesday, reinstating approximately 450 employees previously laid off under the Trump administration’s federal workforce reduction initiative. What Happened: The Health and Human Services Department confirmed the...

On Thursday, Amazon.com, Inc. (NASDAQ:AMZN) cut jobs in its books division, including roles at Goodreads and Kindle. What Happened: The company said that fewer than 100 employees were impacted by the layoffs, reported Reuters. An Amazon spokesperson explained, "As part of our ongoing work to make...

On Tuesday, Nvidia Corporation (NASDAQ:NVDA) reclaimed the title of the world's most valuable publicly traded company, surpassing Microsoft Corporation (NASDAQ:MSFT). What Happened: Shares of Nvidia rose 2.80% during Tuesday's regular session and closed at $141.22, according to data from Benzinga...

Just weeks after announcing its largest round of layoffs in years, Microsoft Corporation (NASDAQ:MSFT) has decided to eliminate hundreds of additional jobs. What Happened: On Monday, more than 300 Microsoft employees were told that their roles had been cut, reported Bloomberg, citing a Washington...

A federal judge on Thursday extended a temporary restraining order blocking President Donald Trump’s administration from implementing mass layoffs of hundreds of thousands of federal employees, delivering a significant blow to the administration’s government restructuring plans. What...

Sportswear behemoth Nike Inc. (NYSE:NKE) has disclosed plans to lay off employees in its technology division, opting to outsource some of this work to third-party vendors. What Happened: Nike is downsizing its technology workforce. The company representative confirmed to Reuters...

Microsoft Corporation (NASDAQ:MSFT) is among the many large technology companies that have announced job cuts in 2025. The company is utilizing the power of artificial intelligence, growth that could make many jobs obsolete in the future. What Happened: Microsoft has announced another round of...

Nissan Motor Co. Ltd. (OTC:NSANY) (OTC:NSANF) announced major steps to reconfigure its global operations after a challenging financial year. The company said on Tuesday that it will slash thousands of jobs and close almost half of its production plants across the globe, as part of a multi-year...

Intel will be reporting its first-quarter earnings on Thursday. Wall Street expects one cent in EPS and $12.30 billion in revenues as the company reports after market hours. The stock is down 39% over the past year, but has gained nearly 4% year to date. Let's look at what the charts indicate for...

Intel (NASDAQ:INTC) is back in the news—this time, not only for its chips, but for cutting 20% of its staff as part of wider restructuring. The company is set to release first quarter 2025 earnings after the market closes today. Investors aren’t simply eyeing the balance sheet—they’re...

Intel Corporation (NASDAQ:INTC) reportedly plans to reduce more than 20% of its workforce as part of a major overhaul under new CEO Lip-Bu Tan. What Happened: The layoffs are targeted toward reducing bureaucracy and streamlining Intel's focus on engineering excellence, reported Bloomberg on Tuesday...

Tariff announcements and pauses have led to high volatility within the stock market and have investors trying to decide what to do with investments and personal savings. A personal finance expert recently offered up some advice and commentary on President Donald Trump's potential tariffs. Author...

In an era of layoffs, economic uncertainty, and office fashion scrutiny, Gen Z is turning to a familiar icon for guidance: Steve Jobs and his signature work uniform. What Happened: Gen Z and young millennial workers are adopting a minimalist fashion strategy inspired by Apple Inc. co-founder Jobs—...