Layoffs By Us Companies
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"Misleading": TCS Denies Bias Towards Indian Staff In US During Layoffs
The allegations have been levelled by former employees largely of non-South Asian descent, who say the company targeted them for layoffs.
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Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's staff, on Tuesday, TechCrunch reported.
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US Judge Says Elon Musk's X Must Face Class Action Age Bias Claims Over Mass Layoff
A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.
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Layoffs In US Soared 98% In 2023 And It Could Get Worse This Year, Report Claims
US companies planned 721,677 job cuts last year, a 98% jump from 363,832 layoffs reported in 2022, a new report published by professional outplacement firm Challenger, Gray & Christmas has revealed.
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US Tech Company Dropbox Slashes 16% Of Workforce Amid "Slowing Cloud Growth"
Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings.
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McDonald's Risks Employee Ire By Joining Trend Of Virtual Layoffs
McDonalds Corp. is the latest company asking staff to work from home during layoffs, a practice that has sparked criticism from other companies employees and management experts.
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Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
As part of its plan to cut 18,000 jobs company-wide, Amazon will be laying off employees in the US, Canada, and Costa Rica by the end of Wednesday. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
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Twitter Layoffs: Former Workers Cannot Pursue Claims via Class-Action Lawsuit, US Court Says
Twitter workers who were laid off by the company must pursue their claims via individual arbitration than a class-action lawsuit over their termination, a US court has ruled. USÂ District Judge James Donato
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Twitter Accused by 100 Ex-Employees of Various Legal Violations After Elon Musk Takeover
Twitter on Tuesday was hit by legal complaints by 100 employees, accusing the company of legal violations from targeting women during companywide layoffs and not paying severance to fired workers. The microblogging platform now faces 100 demands for arbitration making similar claims to four class action lawsuits pending against the company in a fed...
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Woman Who Appeared In Netflix's 'Indian Matchmaking' Laid Off By Meta
Surbhi Gupta, an engineer from India who appeared in Netflix's popular show 'Indian Matchmaking', was among the thousands of employees sacked by Facebook's parent company Meta last month, BBC reported.
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Twitter Sued in Class Action Lawsuit Over Mass Layoffs by Elon Musk Without Enough Notice
Twitter has been sued over the microblogging service's plan to cut about 3,700 jobs at the social media platform, without enough notice as required under US federal and California law, in a class action lawsuit on Thursday. The company plans to start cutting staff on Friday, it revealed to employees in an email. However, the The federal Worker Adju...
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Tesla Moves Court to Dismiss Lawsuit Over Mass Layoffs, Says It Fired Poorly Performing Workers
Tesla on Thursday asked a US court to dismiss a lawsuit claiming the electric car maker violated federal law by laying off hundreds of workers without advance notice. The company said that the case should be dismissed because the company was merely "right-sizing" by firing poorly performing workers and not engaging in layoffs that require advance n...
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Elon Musk Confirms 10 Percent Layoff in Tesla, Paused Hirings Ahead of Expected US Recession
Tesla's CEO Elon Musk has confirmed that the company will soon see a 10 percent cut in salaried staff at the electric car maker over three months. He also predicted a US recession was more likely than not.
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Tesla Sued For Job Cuts By Former Employees
Former Tesla employees have filed a lawsuit against the USelectric car company alleging its decision to carry out "mass layoff" violated federal law
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Tesla Sued by Former Employees Over Unethical Mass Layoffs, Seek Damage Worth 60-Day Notice Period
Two Former Tesla employees have filed a lawsuit against the US electric car company alleging its decision to carry out a "mass layoff" violated federal law as the company did not provide advance notice of the job cuts. The action filed by John Lynch and Daxton Hartsfield, who were fired on June 10 and June 15, respectively, seeks pay and benefits f...
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"Misleading": TCS Denies Bias Towards Indian Staff In US During Layoffs
The allegations have been levelled by former employees largely of non-South Asian descent, who say the company targeted them for layoffs.
-
Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's staff, on Tuesday, TechCrunch reported.
-
US Judge Says Elon Musk's X Must Face Class Action Age Bias Claims Over Mass Layoff
A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.
-
Layoffs In US Soared 98% In 2023 And It Could Get Worse This Year, Report Claims
US companies planned 721,677 job cuts last year, a 98% jump from 363,832 layoffs reported in 2022, a new report published by professional outplacement firm Challenger, Gray & Christmas has revealed.
-
US Tech Company Dropbox Slashes 16% Of Workforce Amid "Slowing Cloud Growth"
Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings.
-
McDonald's Risks Employee Ire By Joining Trend Of Virtual Layoffs
McDonalds Corp. is the latest company asking staff to work from home during layoffs, a practice that has sparked criticism from other companies employees and management experts.
-
Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
As part of its plan to cut 18,000 jobs company-wide, Amazon will be laying off employees in the US, Canada, and Costa Rica by the end of Wednesday. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
-
Twitter Layoffs: Former Workers Cannot Pursue Claims via Class-Action Lawsuit, US Court Says
Twitter workers who were laid off by the company must pursue their claims via individual arbitration than a class-action lawsuit over their termination, a US court has ruled. USÂ District Judge James Donato
-
Twitter Accused by 100 Ex-Employees of Various Legal Violations After Elon Musk Takeover
Twitter on Tuesday was hit by legal complaints by 100 employees, accusing the company of legal violations from targeting women during companywide layoffs and not paying severance to fired workers. The microblogging platform now faces 100 demands for arbitration making similar claims to four class action lawsuits pending against the company in a fed...
-
Woman Who Appeared In Netflix's 'Indian Matchmaking' Laid Off By Meta
Surbhi Gupta, an engineer from India who appeared in Netflix's popular show 'Indian Matchmaking', was among the thousands of employees sacked by Facebook's parent company Meta last month, BBC reported.
-
Twitter Sued in Class Action Lawsuit Over Mass Layoffs by Elon Musk Without Enough Notice
Twitter has been sued over the microblogging service's plan to cut about 3,700 jobs at the social media platform, without enough notice as required under US federal and California law, in a class action lawsuit on Thursday. The company plans to start cutting staff on Friday, it revealed to employees in an email. However, the The federal Worker Adju...
-
Tesla Moves Court to Dismiss Lawsuit Over Mass Layoffs, Says It Fired Poorly Performing Workers
Tesla on Thursday asked a US court to dismiss a lawsuit claiming the electric car maker violated federal law by laying off hundreds of workers without advance notice. The company said that the case should be dismissed because the company was merely "right-sizing" by firing poorly performing workers and not engaging in layoffs that require advance n...
-
Elon Musk Confirms 10 Percent Layoff in Tesla, Paused Hirings Ahead of Expected US Recession
Tesla's CEO Elon Musk has confirmed that the company will soon see a 10 percent cut in salaried staff at the electric car maker over three months. He also predicted a US recession was more likely than not.
-
Tesla Sued For Job Cuts By Former Employees
Former Tesla employees have filed a lawsuit against the USelectric car company alleging its decision to carry out "mass layoff" violated federal law
-
Tesla Sued by Former Employees Over Unethical Mass Layoffs, Seek Damage Worth 60-Day Notice Period
Two Former Tesla employees have filed a lawsuit against the US electric car company alleging its decision to carry out a "mass layoff" violated federal law as the company did not provide advance notice of the job cuts. The action filed by John Lynch and Daxton Hartsfield, who were fired on June 10 and June 15, respectively, seeks pay and benefits f...
