Using employees' performance reviews as reasoning for layoffs "creates waves of anxiety," Harvard's Sandra Sucher said.

The long-held conventional wisdom of "cut once and cut deep" when planning job cuts isn’t showing up as much in the tech ...

The Walt Disney Co. is reportedly planning to lay off at least 4,000 current employees in April after CEO Bob Iger announced ...

The Walt Disney Company’s planned job cuts could begin in late March, Deadline reported Tuesday. Disney CEO Bob Iger ...

Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to ...

In an effort to curb excess spending, tech sectors are making a concerted effort to rein in costs and improve efficiency. A ...

Management has promised investors a new era ... Energy companies were among the least affected, with fewer than 4,000 jobs cut. Major oil companies like Exxon Mobil and Chevron have raked in ...

Disney has reportedly directed its managers to plan out budget cuts and put together lists of employees to be laid off.

But management has not gone far enough to reduce ... detailed the company's actions in a memo to staff, saying these job cuts will mostly come from its Amazon Web Services (AWS) cloud unit ...

Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company's ...

Credit Suisse's investment bankers are bracing for widespread cuts by UBS. Insider breaks down the likely winners and losers ...