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Tag: Layoffs

Atmosphere at The Cut's "How I Get It Done" Presented By Bumble at The Premiere on January 21, 2024 in Park City, Utah. (Photo by Robin Marchant/Getty Images for The Cut )

Bumble to lay off nearly 30% of its workforce 

Bumble, an online dating and networking app that was launched in 2014, is set to lay off roughly 30% of its workforce.

Read More Bumble to lay off nearly 30% of its workforce 
WASHINGTON, DC - JUNE 04: U.S. Senate Minority Leader Charles Schumer (D-NY) attends a press conference at the U.S. Capitol on June 04, 2025 in Washington, DC. Senate Democrats held a press conference to speak out against the healthcare cuts in the Republican reconciliation bill. (Photo by Kevin Dietsch/Getty Images)

Chuck Schumer rebrands Trump’s ‘Big, Beautiful Bill’ to the ‘We’re All Going to Die Act’

Democrat Senator Chuck Schumer characterized President Donald Trump’s “Big, Beautiful Bill” as the “We’re All Going to Die Act,” due to the legislation’s perceived Medicaid cuts.

Read More Chuck Schumer rebrands Trump’s ‘Big, Beautiful Bill’ to the ‘We’re All Going to Die Act’
(Photo by David Becker/Stringer via Getty Images)

Report: Microsoft To Lay Off 3% Of Workforce, Affecting Thousands 

Microsoft has announced that the U.S. multinational corporation and technology conglomerate will soon be laying off nearly 3% of its global workforce — affecting around 7,000 employees.

Read More Report: Microsoft To Lay Off 3% Of Workforce, Affecting Thousands 
A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew Kelly/File Photo

US job openings fall in March; layoffs decline

U.S. job openings dropped sharply in March, but a decline in layoffs suggested that the labor market remained on solid footing.

Read More US job openings fall in March; layoffs decline
WASHINGTON, DC - MARCH 27: The U.S. Department of Health and Human Services building is seen on March 27, 2025 in Washington, DC. The Department of Health and Human Services announced it is cutting 10,000 jobs and closing offices aimed at cutting $1.8 billion (Photo by Kayla Bartkowski/Getty Images)

HHS Layoffs Begin Impacting HR, Finance, And IT Departments

Employees across the U.S. Department of Health and Human Services began receiving notices of dismissal on Tuesday in a drastic change that will lay off close to 10,000 people.

Read More HHS Layoffs Begin Impacting HR, Finance, And IT Departments
People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz/File Photo

Wall Street job cuts loom as market turmoil stalls deals

U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters.

Read More Wall Street job cuts loom as market turmoil stalls deals

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