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Layoffs

Business
Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy
Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy Spirit Airlines is laying off about 200 employees as the company tries to survive amid bankruptcy proceedings. The budget carrier will eliminate the positions across various departments, a company spokesperson told Daily Voice on Thursday, Jan. 16. The move came as Spirit looks to emerge from Chapter 11 bankruptcy, which it filed for in November 2024. The layoffs, which follow recent pilot furloughs, aim to align the airline's staffing with its current fleet size and level of flying while achieving $80 million in annual cost reductions. "These decisions are never made lightly, and we are c…

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by Chris Spiker
Business
Marriott Plans To Lay Off Over 800 Corporate Employees Marriott Plans To Lay Off Over 800 Corporate Employees
Marriott Plans To Lay Off Over 800 Corporate Employees Global hotel chain Marriott International is planning to lay off hundreds of employees by the start of the new year. According to a Maryland Work Adjustment and Retraining Notification (WARN) filing, the company, based in Bethesda, listed 833 people slated to lose their jobs by Wednesday, Jan. 3. Despite the development, Chief Executive Officer Anthony Capuano said business is solid. "Our business momentum is excellent, and as a company that embraces change, we continue to evolve our business to support our global growth," Capuano said in a third-quarter earnings call late last month,…

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by Joe Lombardi
Business
Hearst Lays Off Around 200 Employees From Magazine Division Hearst Lays Off Around 200 Employees From Magazine Division
Hearst Lays Off Around 200 Employees From Magazine Division Hearst Magazines has just fired around 200 employees, most of whom were assigned to the company's midtown Manhattan headquarters, according to multiple reports. Cosmopolitan, Esquire, Good Housekeeping, Men's Health, Popular Mechanics, Town & Country, and Harper's Bazaar are among the titles the division of Hearts Communications publishes. Affected employees were notified in a private meeting days before Thanksgiving, according to New York Magazine. Some of the Hearst publications :were already run by a skeleton crew" after years of downsizing, the report in New York said.

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by Joe Lombardi
Business
CVS To Lay Off Nearly 3K Workers CVS To Lay Off Nearly 3K Workers
CVS To Lay Off Nearly 3K Workers CVS announced it will lay off nearly 3,000 workers as part of a cost-cutting move aimed at saving $2 billion. These approximately 2,900 layoffs, primarily in corporate roles in the company's CVS Health division, represent less than 1 percent of the company's workforce, CVS said.  "The reductions will not impact front-line jobs in our stores, pharmacies and distribution centers,” a CVS spokesperson told CNN. The move comes a day after CVS management met with major shareholder Glenview Capital to discuss the company’s deficits and its dipping stock price, according to CNBC. Founded in…

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by Joe Lombardi
Business
New Gannett Layoffs Affect Hundreds Of Staffers Across Region, Nation New Gannett Layoffs Affect Hundreds Of Staffers Across Region, Nation
New Gannett Layoffs Affect Hundreds Of Staffers Across Region, Nation The largest newspaper publisher in the United States is once again starting another round of layoffs that will affect hundreds of employees across the country, according to multiple news outlets. Earlier Report - Gannett Lays Off Staffers Across Region, Nation Following $54 Million Quarterly Loss On Thursday, Dec. 1, Gannett started terminating the positions of around 200 employees in an effort to cut its news division staff of around 3,440 by six percent, according to Poynter.  The layoffs come only four months after the company terminated hundreds of employees in August following a nearl…

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by Ben Crnic
Business
Gannett Lays Off Staffers Across Region, Nation Following $54 Million Quarterly Loss Gannett Lays Off Staffers Across Region, Nation Following $54 Million Quarterly Loss
Gannett Lays Off Staffers Across Region, Nation Following $54 Million Quarterly Loss The largest newspaper publisher in the United States has laid off employees at newspapers across the country following a nearly $54 million quarterly loss, according to multiple news outlets. Gannett's layoffs on Friday, Aug. 12, impacted numerous newsrooms, according to a report from Poynter. Gannett has not released information on the number of employees who were laid off, how many of its 250 newspapers were affected, or whether there will be further staffing cuts. Gannett, which owns USA Today, reported a $53.7 million net loss in its second-quarter report. Adrian Szkolar, a producer a…

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by Nicole Valinote