The automotive aftermarket parts provider Advance Auto Parts announced on Thursday that it will close more than 500 stores by mid-2025, while also cutting jobs in an effort to save money.
Boeing faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges as a crippling machinists strike enters a fifth week.
CNN will cut an estimated 100 jobs as part of a new shift in the company to change its operations and strengthen its digital media presence, higher ups told employees in an internal memo viewed by multiple sources.
The spread of AI-based systems offers big opportunities for financial services firms, but asset managers face higher stakes because they manage sensitive information.
Tesla will lay off more than 10% of its global workforce as it grapples with falling sales and an intensifying price war for EVs.
Tech and video game giant Sony has announced a major round of layoffs.
The Social media company Snap has announced another round of layoffs amid financial struggles lately.
It is reported that Disney (DIS) will lay off 7,000 employees and reorganize into Disney Entertainment, ESPN, and Disney Parks, Experiences, and Products.