McDonald's is slimming down its corporate structure and laying off workers in an effort to reduce expenses by $500 million by the end of 2019.
HP Inc. now expects 4,500 to 5,000 employees to leave the company by the end of fiscal 2019 as part of an ongoing restructuring plan, the PC maker said.
Tracy Forbes, Toys R Us employee, and Carrie Gleason, Fair Workweek Initiative director, discuss the layoff of 30,000 Toys R Us employees and their battle for severance.
Companies announced plans to cut 31,517 jobs in May, a 13 percent decrease from April, a private survey reported Thursday.
With key components about to run out, Ford is pulling the plug on production of its most profitable and popular model, the F-150.
The improvement from March's spike of 64,141 was not enough to erase an increase in job-cut announcements this year, Challenger says.
Sources tell CNBC Qualcomm is "very concerned" with the fate of an NXP Semiconductors deal.
Blood testing start-up Theranos has laid off most of its remaining workforce leaving only two dozen or fewer employees.
The Challenger report says companies announced plans to cut 60,357 jobs in March, an increase of 39 percent from last year.
It's the second round of layoffs announced in recent weeks by the company.
CNBC's Julia Boorstin reports that Snap is readying to lay off about 100 engineers.
The company has seen smaller rounds of layoffs in recent months.
J.C. Penney says the cuts include 130 positions at corporate headquarters in Plano, Texas.
Barnes & Noble has started trimming its staff, citing weak holiday sales.
Amazon is laying off hundreds of employees and "managing out" others, reports the Seattle Times.
Total revenue for the cloud company rose 7.7 percent to $663.5 million, beating analysts' estimates.
The U.S. solar industry lost nearly 10,000 jobs last year, led by steep losses in California and Massachusetts where installation growth has slowed.
Broadcom Monday upped its bid for Qualcomm, raising the total offer to approximately $121 billion and increasing the likelihood of a tie-up.
The Challenger report says companies announced plans to cut 44,653 jobs in January.
Sears is laying off 220 employees primarily at the company's corporate headquarters in Hoffman Estates, Illinois.