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Rocket Companies confirmed a company-wide layoff on Friday, just weeks after completing its $1.75 billion acquisition of real ...

When a recession hits or is looming, many companies turn to layoffs in order to preserve cash and maintain flexibility in the face of economic uncertainty. However, new research on U.S. corporations ...

As companies use terms like reorganization, restructuring, and optimization in job cuts, AI may be at work more than they ...

Layoffs across the United States have climbed to the highest level since 2020, when the COVID-19 pandemic slowed down economies around the world, according to a new report that was published on ...

Managers are now using AI to make decisions about raises, promotions, and even firings, according to a new survey.

Microsoft employed 228,000 full-time workers as of June 2024, the last time it reported its annual headcount. Its latest layoffs would cut fewer than 4% of that workforce, according to Microsoft.

U.S. private payrolls fell for the first time in more than two years in June as economic uncertainty hampered hiring, but low layoffs continued to anchor the labor market.

The layoffs will impact 81 employees at the company's facility on Herrmann Drive in Garland and 50 employees at the FedEx facility on Capital Avenue in Plano.

LPL says its elimination of positions at Atria Wealth Solutions was always part of its plan to acquire the firm, drawing a sharp distinction with what it's doing with Commonwealth Financial Network.