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The layoffs, which affect thousands of employees, come soon after the tech titan issued an optimistic financial forecast.
The cuts aim to reduce middle managers and increase coders versus noncoders, as BI earlier reported.
February alone saw more than 16,000 roles cut, making it the worst month in 2025 to date. The persistent trend of workforce ...
Expedia cites reduced U.S. travel demand for its weak Q1 revenue, as consumer confidence dips and tourism from Canada and abroad continues to decline.
In 2025, tech layoffs persist with over 22,000 jobs lost so far, following 150,000 cuts in 2024. Major companies like Match ...
WASHINGTON (AP) — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s ...
Expedia Group Inc. cut its full-year outlook for gross bookings and revenue after it saw weaker-than-expected domestic and ...
The U.S. federal human resources agency at the heart of billionaire Trump adviser Elon Musk's efforts to slash the federal ...
Panasonic will slash its global workforce by 10,000 people, half in Japan and half overseas, to become a more efficient, “lean” company, the Japanese manufacturer said Friday.
Shares of Expedia Group were down more than 8% in after-hours trading Thursday after the Seattle company missed expectations ...
The surge of layoffs that has shaken the tech industry shows no signs of slowing in 2025, as companies continue cutting thousands of jobs amid ongoing economic pressures and strategic shifts toward ...