workforce-reduction
3 stories related to this topic, newest first.
bgr.inMeta Lays Off 10% of Workforce Starting May 20, 2026
Meta revealed it will cut about 10% of its workforce next month, confirming the plans in an internal memo after a leak. The announcement leaves employees in a period of uncertainty. HR experts offered insights on how workers might respond during the limbo.
retailtimes.co.ukNike Cuts 1,400 Roles Representing Less Than 2% of Workforce
Nike announced it is reducing its workforce by 1,400 roles, amounting to less than 2% of its total employees. The sporting-goods company stated the move aims to simplify global operations and support its turnaround plan. The reductions are part of efforts to streamline complexity…
ndtv.comSumisho Air Lease Corp Approves 40% Workforce Reduction Affecting 64 Employees
Sumisho Air Lease Corp has approved a plan to reduce its workforce by 40 percent, impacting 64 employees. The reductions are expected to conclude in the second and third quarters of 2026. The plan is detailed in a company filing with U.S. regulators.