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The recent wave of mass layoffs has become a hot topic in the news, with big names like Amazon, Salesforce, and Goldman Sachs among the companies who have announced cuts to their workforce. The layoffs are a result of the economic downturn, which is causing companies to struggle as they try to manage rising inflation, […]

3M, known for its wide range of products including Post-it notes, surgical supplies and touch-screen displays, has been facing a number of challenges in recent years. The company has battled with softening demand in key segments, mounting risks tied to litigation over allegedly defective combat ear plugs, and liabilities over contamination caused by so-called forever

The banking giant Goldman Sachs has recently announced a massive cost-cutting drive, resulting in layoffs for thousands of employees. This is the biggest contraction in headcount since the financial crisis and is likely to affect most of the bank’s major divisions, with the investment banking arm facing the deepest cuts. The Goldman Sachs layoffs are

Morgan Stanley, one of the world’s leading financial services firms, has recently announced a round of global staff cuts. This news has sent shockwaves through the financial industry, leaving many to wonder what comes next. As part of their restructuring process, Morgan Stanley will be reducing its global staff by about 2%. This move is

Uber Freight, the division of rideshare company Uber Technologies, announced on Tuesday that it will be cutting around 150 jobs, or roughly 3% of its total workforce. The decision was made as a result of the economic uncertainty currently affecting the demand for shipping services. The Uber Freight layoffs will impact the digital brokerage team

Fidelity National Information Services (FIS) is a payments technology company that recently announced an enterprise transformation program aimed at cutting $500 million in costs. This program has resulted in layoffs for thousands of employees at the company. The program is a starting point for the company, and the cost-cutting efforts are expected to continue into