Eli Lilly on Thursday launched a new program designed to help more employers cover obesity drugs in the U.S., targeting a major barrier to access for patients. Lilly and its chief rival, Novo Nordisk, have moved to slash the cash prices of their popular obesity injections for those who want to pay entirely out-of-pocket. But…
An American flag flies at Warner Bros. Studio in Burbank, California, on Sept. 12, 2025. Mario Tama | Getty Images The Warner Bros. Discovery board may have enriched its shareholders Thursday when it chose Paramount Skydance‘s acquisition offer over Netflix‘s, but it also terrified a lot of its employees. While some of those people own…
eBay’s headquarters in San Jose, California, U.S. Bloomberg | Getty Images EBay said Thursday it is cutting about 800 roles, or 6% of its workforce, in the latest round of layoffs at the e-commerce company. “We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect…
Jamie Dimon, chairman and CEO of JPMorgan Chase, attends the ribbon-cutting ceremony opening the firm’s new headquarters at 270 Park Ave., in New York, Oct. 21, 2025. Eduardo Munoz | Reuters JPMorgan Chase CEO Jamie Dimon said the bank is taking steps to address the impact of artificial intelligence on its workers, and part of…
DHL Autonomous Robot at work. Source: DHL Workers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses. Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management…
When Steve Beard took on the role of CEO at higher education firm Adtalem Global Education in 2021, the company was undergoing a significant strategic shift. It had identified gaps in the health-care workforce pipeline, which were expected to grow. That led Adtalem to exit its other education business units and focus solely on health-care education. …
Target said Monday that it’s stepping up store staffing, but eliminating about 500 jobs at distribution centers and regional offices as it tries to win back shoppers who have complained about sloppier shelves, out-of-stock items and longer checkout lines. In an internal employee memo obtained by CNBC, the big-box retailer said it’s making changes to…
A Home Depot logo is displayed at one of their stores in San Diego, Nov. 8, 2025. Kevin Carter | Getty Images News | Getty Images Home Depot on Wednesday laid off 800 workers and said corporate employees will have to return to the office five days per week. In a message to employees, CEO…
Workers unload Amazon packages from a vehicle on Cyber Monday in New York, US, on Monday, Dec. 1, 2025. Bess Adler | Bloomberg | Getty Images Amazon said on Wednesday it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures after pandemic-era over-hiring…
A shopper carries a Nike bag in the Union Square neighborhood of San Francisco, Jan. 21, 2026. David Paul Morris | Bloomberg | Getty Images Nike is cutting 775 employees as the company looks to boost its bottom line and accelerate its use of “automation,” CNBC has learned. The layoffs, which are in addition to…