Tag Archives: Laying

Rent the Runway CEO on laying off 10% of the company: ‘This is a realignment around growth’

  By Elizabeth Segran January 10, 2024 Rent the Runway, the 14-year-old fashion rental company, is restructuring, cutting 10% of its corporate jobs, which is equivalent to 37 employees. And its chief operating officer and president, Anushka Salinas, will leave at the end of the month, after 11 years at the company. Jennifer Hyman, Rent … Continue reading Rent the Runway CEO on laying off 10% of the company: ‘This is a realignment around growth’

CVS Health is laying off thousands of employees: What’s happening and why

  By Emily Price August 01, 2023 Massive layoffs are coming to CVS. The pharmacy chain announced plans to lay off around 5,000 employees on Tuesday to cut costs and focus on providing customers more comprehensive health services. According to the Wall Street Journal, which first reported the news, the layoffs will reportedly primarily impact … Continue reading CVS Health is laying off thousands of employees: What’s happening and why

Evernote is relocating to Europe after laying off most of its US workforce

Evernote, once the king of note-taking apps, has been bought by Bending Spoons   Devindra Hardawar   @devindra It looks like Evernote’s 2020 redesign wasn’t enough to keep it independent. Today, the former darling notetaking app for productivity hounds, which was once valued at 1 billion dollars, announced that it has been purchased by Bending … Continue reading Evernote is relocating to Europe after laying off most of its US workforce

Clubhouse is laying off employees and ‘resetting’ the company

Everything you need to know about Clubhouse, the invite-only audio chat app   Karissa Bell   @karissabe On Sunday, Elon Musk nearly broke Clubhouse. It was the Tesla founder’s first appearance on the invitation-only audio app, and the conversation quickly pushed the app to its limit. The official stream maxed out with more than 5,000 … Continue reading Clubhouse is laying off employees and ‘resetting’ the company

Google is laying off 12,000 employees as another brutal week comes to an end for tech

  By Michael Grothaus January 20, 2023 Google and WeWork are the latest companies to announce layoffs in what has been a brutal few months for tech workers. On Friday, Google CEO Sundar Pichai announced that the search giant was cutting approximately 12,000 jobs. The cuts span the globe and myriad departments at Google’s parent … Continue reading Google is laying off 12,000 employees as another brutal week comes to an end for tech