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▲ 48 r/Layoffs

Trail Blazers Reportedly Lay Off About 70 Employees

About 70 business operations employees cut.

Affects roughly 28% of the business-side staff; basketball operations untouched.

Cuts span marketing, communications, digital content, and back-office roles.

hoopsrumors.com
u/kharkovchanin — 1 day ago
▲ 11 r/Layoffs

StanChart planning to lay off thousands of support staff amid AI push

Standard Chartered Plc plans to eliminate close to 8,000 support roles over the next four years, one of the first global lenders to set out how it expects artificial intelligence to trim headcount.

business-standard.com
u/kharkovchanin — 1 day ago
▲ 452 r/Layoffs

Exclusive: Meta lays out plans for May 20 restructuring in internal document

The Facebook owner is planning to lay ⁠off 10% of its employees on Wednesday, with notifications going out in three batches globally at 4 a.m. local time, according to the memo, seen by Reuters.

reuters.com
u/kharkovchanin — 3 days ago
▲ 75 r/Layoffs

Starbucks to lay off 300 U.S. employees, shutter some regional support offices

Second Starbucks layoff this week:(

cnbc.com
u/kharkovchanin — 6 days ago