Companies Aren’t Done Cutting White-Collar Jobs

[ad_1] After a year of right sizing, employers are looking in the mirror and concluding there is still fat to lose.  Companies including Amazon, Xerox, Google and BlackRock this month…

The Companies Cutting Jobs in 2024: Here’s the List

[ad_1] Listen to article (1 minute) Some companies are kicking off the new year by trimming staff as a steady labor market shows signs of cooling off.  The labor market…

Rent the Runway to Cut About 10% of Corporate Jobs, Lose Operating Chief

[ad_1] Rent the Runway is putting in place another restructuring plan that includes cutting about 10% of its corporate roles. The fashion subscription company on Tuesday said the turnaround plan…

Newell Brands to Cut 7% of Office Roles, Reduce Footprint

[ad_1] Newell Brands will slash about 7% of its office roles and pare down its real-estate footprint in an organizational realignment. The Atlanta-based maker of Rubbermaid and Sharpie said it…

Why Companies Still Aren’t in a Firing Mood

[ad_1] A lot of people spent much of last year convinced that the U.S. was on the cusp of a recession—including those in charge of hiring and firing workers. Lately,…

How the Push for Diversity at Colleges and Companies Came Under Siege

[ad_1] The management philosophy known as DEI, which had gathered momentum since 2020, has been under siege over the past year amid a collision of legal, economic and geopolitical forces. …

Big Four Accounting Firms Overhired. Now They’re Starting to Lay Off Partners.

[ad_1] An Ernst & Young senior partner, during a call with some of the accounting firm’s U.S. partners and staff, delivered a sober message usually reserved for clients: It’s time…

GM’s Cruise Unit Is Laying Off 24% of Workforce

[ad_1] Updated Dec. 14, 2023 1:03 pm ET The self-driving car company Cruise laid off nearly a quarter of its workforce Thursday following a series of safety mishaps and permit…

WSJ News Exclusive | EY Is Laying Off U.S. Partners Amid Tough Economic Conditions

[ad_1] Updated Dec. 12, 2023 2:30 pm ET Ernst & Young is laying off dozens of partners across all U.S. businesses, a deeper round of partner cuts than usual as…

WSJ News Exclusive | Hasbro Cutting 1,100 Jobs After Sluggish Toy Sales Persist Into Holidays

[ad_1] Updated Dec. 11, 2023 5:23 pm ET Hasbro is cutting nearly 20% of its workforce as weak sales for toys and games persist into the critical holiday shopping period. …