A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images Nike is planning another round of layoffs as part of CEO Elliott Hill’s efforts to realign the business and get it back to growth, CNBC has learned. The cuts will impact less than 1% of Nike’s corporate staff….
Klaus Vedfelt | Digitalvision | Getty Images As rounds of layoffs continue within a historically strong stock market and resilient economy, it is still uncommon for companies to link job cuts directly to AI replacement technology.  IBM was an outlier when its CEO told the Wall Street Journal in May that 200 HR employees were…
Microsoft CEO Satya Nadella speaks at the Axel Springer building in Berlin on Oct. 17, 2023. He received the annual Axel Springer Award. Ben Kriemann | Getty Images Among the thousands of Microsoft employees who lost their jobs in the cutbacks announced this week were 830 staffers in the company’s home state of Washington. Nearly…
Bob Iger, CEO, The Walt Disney Company appears at the Disney Entertainment Showcase at D23: The Ultimate Disney Fan Event in Anaheim, California on August 09, 2024. Jesse Grant | Getty Images Entertainment | Getty Images Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a Reuters source…
Demonstrators hold up signs of support outside of the Sam Nunn Atlanta Federal Center, on April 2, 2025. — Reuters Donald Trump’s administration asked the US Supreme Court on Monday to halt a judicial order blocking mass job cuts and the restructuring of agencies, part of the Republican president’s campaign to downsize and reshape the federal government,…
