Business ❯ Corporate Strategy ❯ Restructuring ❯ Workforce Management

Job Cuts

Rivian Posts Q2 Beat as R2 Rollout Stays Opaque and Cheaper Trims Slip to 2027

Improved revenue, cash and software income leave investors uncertain about R2 supply, quality and timing.

Xbox Announces 3,200 Job Cuts and Spins Off Four Studios

Starbucks Cuts 300 Corporate Jobs, Closes Regional Offices in Cost Overhaul

Cisco Lifts Outlook on AI Orders and Will Cut Nearly 4,000 Jobs

UPS, Teamsters Strike Deal Limiting Driver Buyouts to 7,500

P&G Posts Mixed Quarter: Sales Miss, EPS Beats, Guidance Intact as Cost Cuts Roll Out

Target Lowers Outlook After Third Straight Sales Drop, Plans $1 Billion in Store Upgrades

Verizon Prepares 15,000 Job Cuts and Store Franchising in Cost Overhaul

Nestlé to Cut 16,000 Jobs in Two-Year Overhaul Under New CEO

Lilly’s Orforglipron Pill Hits Phase 3 Goals and Outperforms Oral Semaglutide in Diabetes Study

Novo Nordisk to Cut 9,000 Jobs in Global Restructuring

Nike Trims Corporate Ranks by Under 1% as Sport-Focused Reorg Takes Hold

Procter & Gamble to Cut 7,000 Jobs in Two-Year Restructuring