Social media platform TikTok is laying off hundreds of employees from its global workforce, including a large number of staff in Malaysia, the company said …
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Patagonia Cuts 41 Jobs Amid Major Restructuring
Sustainability-focused outerwear brand Patagonia is cutting 41 jobs as part of a major restructuring — the company’s second round of job cuts this year. In …
Dyson to Cut About 1,000 UK Jobs as New CEO Reviews Strategy
Dyson Ltd. is set to cut about 1,000 jobs in the UK, almost a third of its workforce there, as part of a broader restructuring …
Burberry Preparing to Cut Hundreds of Jobs, Telegraph Reports
British fashion house Burberry Group Plc is expected to shed hundreds of jobs, mostly in the UK, following a sharp drop in its stock market …
Converse Cuts Jobs as Part of Parent Nike’s Cost-Savings Plan
Converse is cutting some jobs as parent company Nike Inc. trims its staff across divisions in search of cost savings. Nike is undergoing a $2 …
Tylenol maker Kenvue beats quarterly profit estimates, to cut 4% jobs
Since its spinoff from Johnson & Johnson in May last year, Kenvue has focused on its 15 priority brands to boost growth and said in …
Peloton CEO to Step Down as Company Cuts 15% of Jobs
Peloton Interactive Inc. shares fell to a record low after chief executive officer Barry McCarthy announced plans to step down and the struggling fitness company …
The Body Shop to Close 75 Stores Across UK and Cut Hundreds of Jobs
The Body Shop is to close 75 stores across the UK in the next six weeks with the loss of 489 jobs, according to administrators …
The Body Shop to Cut 300 Head Office Jobs and Almost Half of UK Stores Could Close
The Body Shop is to cut 300 jobs at its head office while almost half of its 198 stores in the UK could close with …
The Body Shop Staff Fear Company Will Be Broken Up, Risking 2,200 Jobs
Aurelius, the German restructuring specialist which bought The Body Shop last year and has now put it into administration, had previously broken up two other …
Estée Lauder Slashes Annual Profit Forecast and Plans to Cut 3-5% of Jobs
MAC lipstick maker Estée Lauder slashed its annual profit forecast on Monday and announced a restructuring programme aimed at cutting about 3 percent to 5 …
Levi Strauss To Cut Jobs After Projecting Bleak 2024 on Fragile Wholesale Business
Levi Strauss & Co forecast annual sales and profit below Wall Street expectations on Thursday, and said it would cut 10 percent to 15 percent of …
Macy’s to Slash 2,350 Jobs, Close Stores in Streamlining Effort
US department store chain Macy’s is cutting 2,350 jobs and closing five stores, as it aims to streamline its operations, a company spokesperson told Reuters …
Recruitment by robot: how AI is changing the way Australians get jobs | Artificial intelligence (AI)
When Anisa* graduated from her second degree, she felt “fairly confident” that her postgraduate studies, double-major undergraduate degree and years spent balancing two volunteering roles …
US Retailers Cut Most Number of Jobs in April
US retailers replaced technology firms in cutting the most number of jobs in April, as companies show little signs of easing their belt-tightening drive in …
Shopify Cuts Jobs Again, Sells Most of Logistics Business to Flexport
Shopify Inc. shares surged after the Canadian e-commerce company cut jobs for the second time in 10 months and agreed to sell the majority of …
Gap to Cut Hundreds of Jobs in New Round of Layoffs
Gap Inc. is eliminating hundreds of jobs from its global workforce, the Wall Street Journal reported on Tuesday, citing people familiar with the situation. The …
Pangaia to Cut up to a Third of Jobs in Swiss Move
Fashion start-up Pangaia is planning to move its headquarters from London to Switzerland in a restructuring that could cost as many as 50 jobs — …
The Fashion Jobs Most Vulnerable to AI
“Laziness, cheapness and cynicism all in one stroke,” wrote American illustrator and film producer Peter Ramsey in a March 24 comment “liked” more than 4,000 …
‘Real jobs, real lives’: Prada turns uniforms into exquisite clothes | Prada
Miuccia Prada has put the spruce, starched white crispness of nurses’ uniforms on to the catwalk at Milan fashion week, and said backstage that the …