Browsing: Layoffs

Pedestrians make their way early morning in the hallway of the Grand Central terminal in New York on February 29, 2024.Charly Triballeau | AFP | Getty…

Key insights: Block is planning another round of layoffs that are expected to come in tandem with annual performance reviews. What’s at stake: Jack Dorsey’s payments company…

Key Insight: A higher volume of litigation necessitates the hiring of more defense and appellate counsel.What’s at Stake: A shortage of attorneys could delay rulemakings and…

Australia’s Commonwealth Bank has walked back a decision to replace 45 customer service jobs with artificial intelligence.Instead of cutting the 45 roles, the bank is now…

Enjoy complimentary access to top ideas and insights — selected by our editors. Going into May, bankers are up against a host of industry changes such…

A federal appeals court prohibited the Consumer Financial Protection Bureau from issuing any new reduction-in-force notices to its employees until after the court rules on the…

Shipping containers sit on the container ship Alexandra at the Port Newark Container Terminal, … More Friday, April 18, 2025, in Newark, N.J. (AP Photo/Julia Demaree…

Federal workers laid off in connection with President Donald Trump’s anti-DEI executive orders said their terminations were discriminatory and violated their First Amendment rights, in an…

It’s only the first quarter of the year but already layoffs are making financial headlines. Tens of thousands –and more each day–of traditionally secure government employees…

Prapass Pulsub | Moment | Getty ImagesAs the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid…