Layoffs

The biotech has gone all-in on its lead drug, bel-sar, cutting 20% of staff and shelving a promising bladder cancer program to secure its financial future.

The work management giant posted strong Q2 results but is betting its future on a radical AI pivot, cutting staff to fund a new era of automated execution.

Chime posts a second GAAP profitable quarter, fueled by its premium tier and lending growth, but a surprise CFO exit raises questions about its next chapter.

LegalZoom posts strong Q2 profits and subscription growth but lowers revenue guidance, signaling a pivotal battle against shifting AI-driven customer discovery.

DOOR (formerly Latch) cuts a third of its staff, citing AI efficiency. The move highlights a harsh new reality in proptech, balancing innovation with survival.

The blockbuster launch of 'Assassin's Creed Black Flag Resynced' provides a glimmer of hope, but can one hit game patch the holes in a company still bailing water?

With a major AI-driven workforce overhaul underway, OpenText's appointment of HR heavyweight Jill Larsen to its board is more than a shuffle—it's a strategy.

ArcBest is simplifying its brand and cutting costs by $40M. We decode the signals behind this major move, from customer integration to workforce impact.

Intuit faces a class-action lawsuit after a 20% stock drop. Allegations of misleading statements and $41M in insider sales put a spotlight on executive accountability.

Alarum Technologies faces an existential threat after FBI seizures. With a third of its staff cut and no answers, the company's future hangs in the balance.

Michelin's decision to shutter its Tuscaloosa plant isn't just a local tragedy; it's a stark signal of the brutal economics reshaping American manufacturing.

Recent layoffs at Baystate Franklin Medical Center spark union outcry over patient safety, while a contract dispute and focus on executive pay intensify.

Bell's latest layoffs spark union outrage, but they are just one piece of a high-stakes strategy involving AI, US investments, and a $1.5B cost-cutting plan.

As Algoma Steel shed 1,000 jobs and bled nearly $1B, its retiring CEO walked away with a $6.8M package, raising hard questions about corporate accountability.

A landmark settlement in Texas is part of a growing trend where massive legal awards, not just regulations, are becoming a powerful driver for corporate accountability.

Gordon Newton's call for transparency in the timeshare exit world reveals a deeper crisis of consumer trust and murky legal promises. But who is accountable?

When factories falter, firms like MMI Business Advisory step in. We explore how strategic asset recovery and digital auctions are reshaping manufacturing's future.

After a fatal crash, a private jet operator is publicly demanding regulators and GE fix a critical safety gap where known corrosion goes unreported.

A missing miner at Kootenay's Columba project puts a human face on the risks of a booming silver market and tests corporate safety in Mexico.

Don't be fooled by layoff headlines. New data reveals AI is driving a surge in tech hiring in unexpected sectors, but a shrinking applicant pool is creating a crisis.