News

The British label said it is continuing with restructuring as part of a wider spending downturn that is plaguing the luxury ...
Burberry is aiming to slash 18% of its global workforce by 2027 as it looks for ways to cut costs and revive its ailing business.
The software giant is eliminating about 6,000 jobs in a bid to increase the 'span of control' inside the company. Here's what ...
Microsoft on Tuesday began laying off nearly 3 percent of its total workforce — or about 6,000 employees. “We continue to ...
The layoffs, impacting all levels at the company, come as the tech giant continues to post strong sales and profits.
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.
Expedia Group (EXPE) on Friday reported quarterly revenue below Wall Street estimates, citing weak travel activity in the U.S ...
The technology sector continues to shed jobs at a rapid pace in 2025, with more than 22,000 layoffs reported so far this year ...
Expedia Group Inc. cut its full-year outlook for gross bookings and revenue after it saw weaker-than-expected domestic and ...
TOKYO – 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 ...