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Under Armour CEO Plank Warns Of Plunging Sales and Layoffs Ahead

On Thursday, the company reported earnings that fell short of Wall Street's expectations and Kevin Plank, the company's co-founder who returned to run the company in March, warned that reviving the sportswear brand will take time.

The post Under Armour CEO Plank Warns Of Plunging Sales and Layoffs Ahead appeared first on Breitbart.

Indeed to Lay Off 1,000 Workers, a Move Mostly Affecting U.S. Employees

By: Amy Furr Β·Β Amy Furr

The job site Indeed announced it is preparing to lay off approximately 1,000 employees, a move that will affect mostly American workers.

The post Indeed to Lay Off 1,000 Workers, a Move Mostly Affecting U.S. Employees appeared first on Breitbart.

Elon Musk Lays Off Even More Tesla Staff as Demand Slows and Executives Flee

Elon Musk's Tesla, the leading electric vehicle manufacturer, has slashed even more workers from the payroll following weeks of massive layoffs, leaving employees on edge and seeking closure.

The post Elon Musk Lays Off Even More Tesla Staff as Demand Slows and Executives Flee appeared first on Breitbart.

Clippers' Russell Westbrook refutes 'fabricated' reports on his unhappiness with team

Russell Westbrook seemed to settle into his role with the Clippers during his first full season with the team, and he has pushed back against the idea that he is unhappy in L.A.

Spinning Wheels: Peloton CEO Steps Down amid More Layoffs, 92% Drop in Stock Price

Peloton, the once-thriving fitness company, has hit another rough patch as it struggles to regain its footing in the post-pandemic era. CEO Barry McCarthy is now stepping down after the company's share price dropped about 92 percent during his tenure.

The post Spinning Wheels: Peloton CEO Steps Down amid More Layoffs, 92% Drop in Stock Price appeared first on Breitbart.

Elon's Pink Slips Strike Again: Tesla Axes More Jobs, Including Senior Execs and EV Charging Team

Tesla has reportedly laid off hundreds of employees, including senior executives and a majority of its Supercharging team. The desperate move comes on the heels of a major recent layoff of 14,000 workers, part of what Musk claims is an "absolutely hard core" plan to cut costs at the struggling EV company.

The post Elon’s Pink Slips Strike Again: Tesla Axes More Jobs, Including Senior Execs and EV Charging Team appeared first on Breitbart.

Lululemon Warehouse in Washington Set to Close, Laying Off More than 100 Employees

Lululemon, a Canadian athletic apparel retailer, revealed that it will be closing its warehouse in Sumner, Washington, by the end of the year, laying off more than 100 employees.

The post Lululemon Warehouse in Washington Set to Close, Laying Off More than 100 Employees appeared first on Breitbart.

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