Layoffs

The latest layoffs come about a year after Amazon slashed 27,000 corporate roles following a pandemic-era hiring boom.

Nike will slash its global workforce by about 2%, and joins other major companies like Google and Amazon in laying off staff.

Suhel Rana lost his job in the first round of major tech layoffs. Here's what he has to say about the experience.

Social media backlash has executives looking for advice on how to lay people off without it blowing up in their faces.

Snap became the latest example, announcing on Monday that it's reducing its workforce by about 10%, or around 540 employees.

Whether handling layoffs more smoothly, or supporting employee resource groups, leaders should rethink their approach to management.

Less than 1% of workers will be cut in this latest headcount reduction at the company.

Ultimately, firm-wide headcount will decline by 60,000 jobs to 180,000 by the end of 2026.

This is the third time the streaming service has carried out mass layoffs this year in an effort to shrink costs and drive profitability. 

The reduction in jobs will affect about 400 people.