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Tag: Layoffs

US-ENTERTAINMENT-CINEMA-PIXAR The gates to Pixar's campus is seen in Emeryville, California, on November 29, 2016. Over 21 years of unparalleled success, the executives at animation studio Pixar have developed an aphorism they are fond of repeating -- that their movies are never finished, just released. The motto speaks to the perfectionism that has seen the company gross almost $11 billion and win 13 Oscars since "Toy Story" blazed a trail as the world's first feature-length computer-generated animation in 1995. (Photo by Frankie TAGGART / AFP) / TO GO WITH AFP STORY BY FRANKIE TAGGART-"Pixar celebrates 21 years with 'love letter' to Mexico" (Photo by FRANKIE TAGGART/AFP via Getty Images)

Pixar Lays Off Nearly 200 Staffers

Pixar Animation Studios has been hit with another round of layoffs, as 175 employees were recently let go.

Read More Pixar Lays Off Nearly 200 Staffers
NEW YORK, NEW YORK - JULY 28: A "help wanted" sign is displayed in a window in Manhattan on July 28, 2022 in New York City. The Commerce Department said on Thursday that the nation's Gross Domestic Product (GDP) fell 0.2 percent in the second quarter. With two GDP declines in a row, many economists fear that the United States could be entering a recession. (Photo by Spencer Platt/Getty Images

Report: U.S. Jobless Claims Increase To Highest Level Since August

Unemployment benefit claims have climbed to its highest level since August 2023, initial filings show. 

Read More Report: U.S. Jobless Claims Increase To Highest Level Since August
CORAL GABLES, FLORIDA - JANUARY 20: A Peloton bike on the showroom floor on January 20, 2022 in Coral Gables, Florida. Reports indicate that Peloton Interactive Inc is temporarily halting production of its bikes and treadmills after a drop in demand for the products. (Photo by Joe Raedle/Getty Images)

Peloton CEO Is Stepping Down, Fitness Company To Cut Workforce By 15%

Peloton’s Chief Executive Officer has officially stepped down from the role as the popular fitness company is planning to cut 15% of its global workforce. 

Read More Peloton CEO Is Stepping Down, Fitness Company To Cut Workforce By 15%
PALO ALTO, CA - NOVEMBER 05: A sign is posted at a Tesla showroom on November 5, 2013 in Palo Alto, California. (Photo by Justin Sullivan/Getty Images)

Tesla to lay off more than 10% of staff globally as sales fall

Tesla will lay off more than 10% of its global workforce as it grapples with falling sales and an intensifying price war for EVs.

Read More Tesla to lay off more than 10% of staff globally as sales fall
The Apple logo is seen on the outside of Bill Graham Civic Auditorium before the start of an event in San Francisco, California on September 7, 2016. (Photo by Josh Edelson / AFP) (Photo by JOSH EDELSON/AFP via Getty Images)

Apple Lays Off Over 600 Employees After Shutting Down Self-Driving Car Project

Tech titan Apple is reportedly laying off 614 workers after canceling a 10-year project to build a self-driving electric car in its first round of job cuts since the start of COVID-19. 

Read More Apple Lays Off Over 600 Employees After Shutting Down Self-Driving Car Project
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims unexpectedly fall; labor market gradually cooling

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.

Read More US weekly jobless claims unexpectedly fall; labor market gradually cooling

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