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.
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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'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.
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.
Google has reportedly laid off hundreds of employees from its "Core" organization while relocating positions to India and Mexico.
The post Google Lays Off Hundreds from βCoreβ Teams, Shifts Roles to India and Mexico appeared first on Breitbart.
The VFX house DNEG, which worked on the acclaimed blockbusters Dune and Oppenheimer, will be reportedly laying off hundreds.
The post Hollywood Recession: Visual Effects Studio Behind βDune,β βOppenheimerβ to Lay Off Hundreds appeared first on Breitbart.
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 Elonβs Pink Slips Strike Again: Tesla Axes More Jobs, Including Senior Execs and EV Charging Team appeared first on Breitbart.
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.