Fair 52°
Tag:

Layoffs

Business
Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up
Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up Starbucks is cutting 1,100 corporate jobs as part of a sweeping restructuring plan designed to simplify operations and refocus on its core business. Starbucks CEO Brian Niccol announced the layoffs in a message to employees on Monday, Feb. 24. The job cuts will affect non-retail support employees, as the coffeehouse chain works to streamline leadership and eliminate duplicate roles. Several hundred open but unfilled positions will also be removed. In-store workers and store hours won't be affected Niccol said the decision is part of the company's broader "Back to Starbucks" plan,…

SHARE

by Chris Spiker
Business
Walmart To Lay Off Hundreds At Hoboken Regional Facility, Report Says Walmart To Lay Off Hundreds At Hoboken Regional Facility, Report Says
Walmart To Lay Off Hundreds At Hoboken Regional Facility, Report Says Over 800 employees across three Walmart regional facilities may face layoffs, according to a new report.  The affected locations include Hoboken, New Jersey, with 481 employees; Charlotte, North Carolina, with 267; and San Bruno, California, with 79, according to Supermarket News, which said some of the workers may choose to relocate in the weeks ahead. While the offices in Hoboken and San Bruno will remain open, the Charlotte office is set to close, the outlet reported. The Worker Adjustment and Retraining Notification (WARN) notices filed with state labor departments in New Jersey, …

SHARE

by Joe Lombardi
Business
Southwest Airlines Laying Off 15% Of Workforce In 'Unprecedented' Corporate Overhaul Southwest Airlines Laying Off 15% Of Workforce In 'Unprecedented' Corporate Overhaul
Southwest Airlines Laying Off 15% Of Workforce In 'Unprecedented' Corporate Overhaul Southwest Airlines is cutting 1,750 jobs as part of a restructuring plan to streamline operations and reduce corporate costs. Southwest announced the layoffs for about 15 percent of the airline's corporate workforce in a news release on Monday, Feb. 17. The job cuts, which will be finalized by mid-2025, primarily affect corporate leadership and support roles. Eleven senior leadership positions, including vice presidents and directors, are also being eliminated. "This decision is unprecedented in our 53-year history, and change requires that we make difficult decisions," said…

SHARE

by Chris Spiker
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…

SHARE

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,…

SHARE

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.

SHARE

by Joe Lombardi
News
Walmart Cutting Hundreds Of Positions From North Jersey Office Walmart Cutting Hundreds Of Positions From North Jersey Office
Walmart Cutting Hundreds Of Positions From North Jersey Office Layoffs are ahead for more than 200 of Walmart's North Jersey employees. A New Jersey WARN notice says the company will begin the cuts to 237 positions at its corporate office in Hoboken on Aug. 14, with more to come on Nov. 1, and Jan. 31, 2025. According to the Wall Street Journal, employees may work remotely but are being asked to spend the majority of their times in the offices.  Employees in other U.S. cities are also facing layoffs, and are being asked to relocate to central hubs, the outlet said. Daily Voice has reached out to Walmart for additional information.

SHARE

by Cecilia Levine