Redesign Health, a company that builds other healthcare startups, laid off 67 employees, or about 20%…
Tag: recession
Impossible Foods to eliminate 6% of staff in second round of layoffs this year
Bay Area-based food company Impossible Foods announced another round of layoffs this week. A pioneer in…
7 of the world’s top economic minds think a global recession is coming. Some say it’s already here
Central banks around the world, including the Federal Reserve, have aggressively hiked interest rates in recent…
U.S. ‘would be lucky’ to get a mild recession, Ken Rogoff warns
Investors should pray for a mild recession from the Fed’s aggressive interest rate hikes, according to…
The job market is slowing, and this could just be the beginning
A robust job market that has defied expectations for years is showing more concrete signs of…
Walmart to lay off about 1,500 workers at Atlanta fulfillment center
NEW YORK, Oct 6 (Reuters) – Walmart Inc (WMT.N) is planning to cut more than 1,000 jobs at…
GE is laying off 20% of its U.S. workforce devoted to onshore wind power, costing hundreds of jobs
General Electric is laying off 20% of its U.S. onshore wind workforce, which equates to hundreds of…
Spin cuts San Francisco office space, announces layoffs
One of San Francisco’s three permitted electric scooter operators announced layoffs this week. R&I~Smit Spin will…
Layoffs rising as the U.S. economy slows
More U.S. companies are cutting jobs and freezing hiring as the economy cools, a sign that…
US Jobless Claims Rise by More Than Forecast to 219,000
Applications for US unemployment insurance rose by more than forecast last week, though remained at a…
Facebook may quietly sack 12,000 employees, 15% of its workforce: report
Meta Platforms is carrying out “quiet layoffs” at Facebook to slash its headcount as global headwinds…
Peloton is slashing 500 more jobs as its CEO says it has 6 months to turn itself around
Peloton is slashing hundreds more jobs in a desperate measure to cut costs, The Wall Street Journal reported…