Two indoor cycling companies are spinning into some trouble. On Friday, indoor cycling studio SoulCycle and stationary bike maker Peloton announced they would be laying off employees and closing ...
Layoffs that began in tech and media are now rippling across airlines, retail, logistics, and telecom, turning 2025 into a year of sweeping corporate retrenchment. Major employers are cutting ...
Layoffs have hit American workers hard in 2025, particularly in the government and tech sectors. Already this year, well over a million jobs have been lost due to layoffs—and unfortunately, it doesn’t ...
FedEx announced some early plans for 2026. Layoffs spike, with 1.6 million U.S. workers laid off monthly, 19.2 million annually. Major employers like Amazon, UPS, and Target are announcing tens of ...
The U.S. economy and labor market haven't been this opaque in years. Last month, the government announced that it is canceling October's employment report due to the government shutdown. On Dec. 8, ...
On October 28, Amazon issued an unusual layoff notice. In a blog post titled "Staying nimble and continuing to strengthen our organizations," Beth Galetti, Amazon's senior VP of people experience and ...