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UPS cuts 48,000 jobs in the year to date as its turnaround continues
UPS cut about 34,000 jobs and closed 93 facilities this year as part of its cost-cutting turnaround and restructuring plan.
Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates
Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artificial intelligence.
Nestlé to cut 16,000 jobs worldwide in cost-saving push
Nestlé plans to cut 16,000 jobs globally by 2027 as part of a cost-saving and turnaround strategy aimed at boosting efficiency.
Starbucks to close stores, cut more jobs as CEO deepens restructuring
Starbucks will close underperforming stores and cut 900 jobs as CEO Brian Niccol pursues a $1B restructuring to revive sales and efficiency.
Pharma packaging plant closing in Mecklenburg
Nipro PharmaPackaging will close its Mecklenburg County facility by October, according to a local official, cutting 30 jobs.
Butler Human Services Furniture to close Mecklenburg operations
Butler Human Services will close two Chase City facilities in Mecklenburg County, cutting 51 jobs.
Novo Nordisk, maker of obesity drug Wegovy, to cut 9,000 jobs to sharpen focus, meet competition
FRANKFURT, Germany (AP) — Danish pharmaceutical company Novo Nordisk, maker of weight-loss drug Wegovy, said Wednesday it would cut 9,000 jobs, 5,000 of them in Denmark, in order to strengthen the company’s focus on growth opportunities in obesity and diabetes medications. The restructuring, which would eliminate 11% of the company’s workforce, aimed to reduce organizational [&hellip[...]
Report: DOGE responsible for nearly 290k job cuts
A Thursday report revealed that United States-based employers have cut more jobs so far this year than in all of 2024.
Supreme Court allows Trump’s federal job cuts plan
WASHINGTON (AP) — The Supreme Court on Tuesday cleared the way for President Donald Trump’s plans to downsize the federal workforce despite warnings that critical government services will be lost and hundreds of thousands of federal employees will be out of their jobs. The justices overrode lower court orders that temporarily froze the cuts, which have been […]
Microsoft Begins Second Round of Mass Layoffs
REDMOND, Wash. (AP) — Microsoft is firing thousands of workers, its second mass layoff in months. The tech giant began sending out layoff notices Wednesday. The company declined to say how many people would be laid off but said that it will comprise less than 4% of the workforce it had a year ago. Microsoft said the […]
More than 300 job cuts in Virginia, state reports
More than 300 Virginia jobs are being cut in June, including layoffs at CarParts.com, Kroger, and Nakupuna Companies.
Lockheed Martin to cut jobs at Greenville F-16 site
Lockheed Martin is reducing its Greenville workforce following a U.S. Air Force decision not to extend its sustainment contract with the company. The cuts could mean a reduction of as many as 180 jobs or 10% of the workforce, according to reports. The Lockheed Martin site in Greenville’s South Carolina Technology & Aviation Center is […]
