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Canadian e-commerce platform Shopify laid off about 10 percent of its workers as a pandemic-driven boom in online shopping has waned.
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Canadian e-commerce platform Shopify laid off about 10 percent of its workers as a pandemic-driven boom in online shopping has waned.
Tesla shares fell early Friday following a report that chief executive Elon Musk wants to trim headcount due to the uncertain economic outlook.
India's huge diamond-polishing industry has furloughed around 250,000 of its roughly two million workers because of sanctions on Russia.
Netflix said it laid off about two percent of its staff in a belt-tightening move after growth slowed at the once-booming streaming TV service.
Troubling economic forces are hitting the tech sector, with companies cutting costs and laying off workers.
Claire Cooper stood with about 30 others at Liverpool docks to protest about P&O Ferries sudden sacking of a quarter of its workforce.
The UK government said Wednesday it wants a minimum European wage for maritime workers.
Quebec-based Bombardier Inc detailed the moves while posting its quarterly financial results, which showed the company lost $337 million in the last three months...
Airlines were barred under the terms of the first economic stimulus package approved by Congress in March from laying workers off until today in...
By July, many states were using trial-and-error methods for reopening their economies, all the while continuing to try to get the virus under control....