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Business Events Layoffs


  • Citigroup cuts about 2% of global workforce: Report Monday, 14 Apr 2014 | 6:16 AM ET

    Citigroup has cut 200 to 300 jobs, or about 2 percent of its global markets workforce, the Wall Street Journal reported.

  • Respect a guy in sweatpants? Gimme a break Wednesday, 19 Mar 2014 | 11:45 AM ET

    A recent Harvard study suggested that odd fashion choices earn more respect. Former trader Raj Mahal calls BS and says that would never fly on Wall Street!

  • Ageism: Confessions of a young Wall St trader Thursday, 13 Mar 2014 | 12:11 PM ET

    A lot of people think of it as an Old Boys Club but the truth is, Wall Street likes to hire 'em young, says former trader Raj Mahal.

  • Time Inc begins job cuts, restructures company Tuesday, 4 Feb 2014 | 12:48 PM ET
    Joe Ripp, CEO of Time Inc.

    Time Inc is reorganizing itself and consolidating oversight as it prepares to spin off from its corporate parent Time Warner, according to a memo to staff.

  • Wal-Mart to lay off 2,300 Sam's Club employees Friday, 24 Jan 2014 | 4:49 PM ET
    Wal-Mart to lay off 2,300 Sam's Club employees

    CNBC's Dominic Chu reports Wal-Mart is to lay of 2,300 of its Sam's Club employees, which is about 2 percent of its workforce.

  • A healthier population is critical for economic growth: Novartis CEO

    We are going to see health care as a growth industry well into the future, says Joe Jimenez, Novartis CEO, sharing his thoughts on elevating the economic potential of a healthier population.

  • Texas Instruments to cut 1,100 jobs Tuesday, 21 Jan 2014 | 5:25 PM ET

    Texas Instruments plans to cut 1,100 jobs worldwide as part of a corporate restructuring intended to help it save $130 million by the end of 2014.

  • Challenger: Dec. job cuts total 30,623; drops 32% Thursday, 9 Jan 2014 | 7:31 AM ET
    Challenger: Dec. job cuts total 30,623; drops 32%

    CNBC's Steve Liesman and John Challenger, Challenger, Gray & Christmas CEO, break down the latest numbers on jobs and provides perspective on layoffs in the workforce. All the numbers are pointing positive, says Challenger.

  • BlackBerry gone sour, slashing 4,500 jobs Monday, 23 Sep 2013 | 7:17 AM ET
    BlackBerry gone sour, slashing 4,500 jobs

    Roger Cheng, CNET executive editor, provides his perspective on the troubled smartphone maker as the stock got slammed on Friday after the company issued a warning and announced job cuts.

  • Layoffs at Chesapeake Energy rattle employees Thursday, 12 Sep 2013 | 10:15 PM ET
    Chesapeake Energy

    Chesapeake Energy has been laying off employees as it moves ahead with a company-wide reorganization.

  • Cisco CEO on earnings beat and layoffs Thursday, 15 Aug 2013 | 8:38 AM ET
    Cisco CEO on earnings beat and layoffs

    John Chambers, Cisco Systems CEO & chairman, discusses the tech giant's fourth quarter results and reduction in its work force.

  • Greece to fire thousands more public workers Thursday, 18 Jul 2013 | 3:32 AM ET
    Demonstrators protest against the Greek Government, July 17, 2013 in front of the parliament as lawmakers prepared to vote on a controversial new austerity package.

    Greece's shaky coalition government scraped through a vote on Wednesday on a bill to sack public sector workers as thousands chanting anti-austerity slogans protested.

  • Challenger Report: Job Cuts Decline Thursday, 6 Jun 2013 | 7:34 AM ET
    Challenger Report: Job Cuts Decline

    John Challenger, Challenger, Gray & Christmas CEO, shares his latest read on employment and who's hiring and who's firing, with CNBC's Steve Liesman.

  • Zynga Gets Zinged Tuesday, 4 Jun 2013 | 1:30 PM ET
    Zynga Gets Zinged

    The gaming site plans to layoff 18 percent of its workforce and shut several offices. Dan Primack, Fortune senior editor, and Arik Hesseldahl, senior editor, All Things Digital, discuss what Zynga needs to do to make more money.

  • Rio Tinto Aims to Cut Almost Half of UK Jobs Monday, 29 Apr 2013 | 11:35 PM ET

    Mining group Rio Tinto plans to almost halve the size of its London head office, cutting more than 200 jobs as it tries to slash more than $5 billion in costs by the end of next year.

  • Challenger Report: Nearly 50,000 Jobs Slashed Thursday, 4 Apr 2013 | 7:31 AM ET
    Challenger Report: Nearly 50,000 Jobs Slashed

    John Challenger, CEO of Challenger, Gray & Christmas, breaks down the latest results on job cuts last month.

  • Google to Cut 1,200 Jobs at Motorola Mobility Friday, 8 Mar 2013 | 1:46 AM ET
    Will Motorola Help or Hinder Google's Hunt for Mobile Money?

    Google's Motorola Mobility unit is to shed another 1,200 jobs as the smartphone maker tries to return to profitability, Google said on Friday.

  • Banking Blues: Job Cuts Rise in February Thursday, 7 Mar 2013 | 7:40 AM ET
    A job seeker searches for opportunities at an Illinois Employment and Training Center.

    Planned layoffs rose for the second month in a row in February as the financial sector cut the most employees in over a year, a report showed on Thursday.

  • Greece Faces Review of Bailout Performance Sunday, 3 Mar 2013 | 6:12 AM ET

    Officials from the European Union and the International Monetary Fund return to Athens on Sunday to assess Greece's performance under a bailout plan.

  • Boeing's 787 on its test flight

    Boeing will cut hundreds of jobs at a South Carolina plant that makes 787 Dreamliners, but the move has nothing to do with the recent grounding of the troubled jetliner.