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Layoffs

Tech layoffs show why managing growth can be so tricky for companies

by Stephanie Hughes
Nov 9, 2022
From Meta to Twitter to Twilio, companies are realizing they might have grown too quickly.
Justin Sullivan/Getty Images
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When losing your job means losing your right to stay in the U.S.

by Meghan McCarty Carino
Nov 9, 2022
Mass layoffs in the tech industry could hit H1B visa workers especially hard.
The waves of tech layoffs at companies like Twitter have endangered the ability of many workers to stay in the U.S.
David Odisho/Getty Images
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For tech giants like Meta, feverish pandemic growth is now followed by layoffs

by Kristin Schwab
Nov 7, 2022
Jobs losses at Meta and others could be an indicator of wider cuts in other industries.
Meta is reportedly planning to lay off thousands of employees this week, joining several other big companies in downsizing.
Fabrice Coffrini/AFP via Getty Images
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Have you been laid off? Share your story 

by Marketplace Staff
Nov 7, 2022
Getting laid off is demoralizing, with many companies doing a terrible job of communicating the decision to their employees.
Twitter laid off half its workforce on Friday, although reports say that the company is asking some of its laid-off staff to come back in.
Justin Sullivan/Getty Images
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Twitter's messy layoffs show how not to communicate firings

by Kristin Schwab
Nov 4, 2022
Big hint: probably not via email. HR and management experts say a conversation is important.
Constanza Hevia/AFP via Getty Images
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My Economy

How a pandemic layoff and career pivot made this Buffalonian "the happiest I've ever been"

by Andie Corban
Nov 1, 2022
A few months into the pandemic, Sam Heansel was laid off from her graphic design job. She's been working at a pet store for two years.
Sam Heansel during her shift at Elmwood Pet Supplies.
Brandon Watson
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Rising interest rates pack a punch for tech companies

by Justin Ho
Oct 24, 2022
Microsoft, Apple and Meta are reporting earnings this week. But rising interest rates are luring investors away from tech stocks.
For tech companies like Apple that promise longer-term gains to investors rather than short-term results, higher interest rates can pose a challenge.
Spencer Platt/Getty Images
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Microsoft layoffs may signal a broader tech downturn

by Lily Jamali
Oct 18, 2022
Other tech companies are also cutting jobs and scaling back recruitment after years of rapid hiring.
Drew Angerer/Getty Images
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Despite the shaky economy, jobless claims are down. Here's why.

by Kristin Schwab
Sep 29, 2022
It's taken companies so long to replace workers lost during the pandemic that many firms are reluctant to lay them off.
Economists and central bankers abound are watching today's jobs report to get a gauge on inflation.
Olivier Douliery/AFP via Getty Images
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What corporate layoffs tell us about the economy

by Kristin Schwab
Sep 21, 2022
Gap is the latest company to announce layoffs. Downsizing among employers reflects shifting consumer habits.
Clothing retailer Gap plans to cut roughly 500 corporate jobs, following other large companies like HBO Max and Peloton.
Allison Dinner/Getty Images
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