Renzo and Andrea Rosso Push OTB’s Sustainability Agenda to New Heights
Beauty’s Highest-paid CEOs
layoffs
Adidas Supplier in Vietnam Laying Off Thousands of Workers
Pouyuen Vietnam Co. is poised to lay off another 5,700 of its workers after axing more than 2,300 of them in…
Nuro Cuts Staff as Driverless Funding Dries Up
Driverless vehicle companies have hit a speed bump, with Nasdaq poised to delist TuSimple.
DHL, U.S. Xpress Layoffs Mount Amid Falling Freight Demand
DHL Supply Chain is looking to cut 152 jobs, while U.S. Express could reduce headcount by 150.
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New Money Problems for Bed Bath & Beyond
Bed Bath & Beyond will pay severance to 1,300 workers after it tried to get out of taking responsibility.
Shopify Sells Logistics Biz to Flexport, Lays Off 20% of Staff
CEO Tobi Lütke said Shopify is moving away from "side quests" that distract the company from its…
Ralph Lauren-Backed Material Innovator Cuts Jobs
The move is meant to improve operational efficiency, Illinois-based biomaterials firm and Mirum maker Natural…
Nordstrom Layoffs and the Truth About Retail Jobs
Experts explain what to make of the department store retailer's latest job cuts.
Gap Inc. Getting Rid of 1,800 Jobs
The Old Navy owner confirmed the number of job cuts on Thursday after first announcing the new layoffs…
New Gap Layoffs Cut Corporate Bloat
The new job cuts are bigger than the 500 the San Francisco company authorized back in September.
Serta Simmons Bedding to Close 3 Factories after Filing for Bankruptcy
The 157 workers at a closing Connecticut factory will be terminated effective June 30.
Bed Bath & Beyond Sued After Laying Off 1,300
A former employee's class-action lawsuit claims the company failed to provide 60 days' notice of the job cuts…
FedEx CEO: We Learned Labor Lesson ‘the Hard Way’
Raj Subramaniam said the shipping giant developed its own labor insights platform to better assess employee…
EBay Adds to Parade of Layoffs as Sales Dip
The online marketplace projects revenue to decline between 3 and 4 percent for 2022 amid a pullback in…
Second Round of Wayfair Layoffs Imminent
Around 937 of the workers in this latest round of layoffs are based in Massachusetts.
FedEx Freight Furloughs Ramp Up
The shipping giant's reported decision comes just days after the logistics giant cut more than 10 percent of…