Revlon filed a letter under the Worker Adjustment and Retraining Notification (WARN) Act on May 16 to give notice of its closure of a manufacturing facility on Jacksonville’s Westside.

A Massachusetts-based bank will lay off 125 workers this year, according to a recent state filing. Rockland Trust Company filed a Worker Adjustment and Retraining Act (WARN) notice this week ...

Frito-Lay has expanded its presence in Maryland in the last decade. The closure is putting a dent in the food and beverage giant's local workforce. Baltimore County ice cream maker sells assets in ...

It’s unclear how much Microsoft hopes to save through the layoffs. When the company laid off 10,000 workers in 2023, analysts estimated that the move was poised to save Microsoft about $2.5 ...

Microsoft began laying off about 6,000 workers Tuesday, nearly 3% of its entire workforce and its largest job cuts in more than two years as the company spends heavily on artificial intelligence.

Microsoft began laying off nearly 3% of its entire workforce Tuesday, its largest mass layoff in more than two years. The tech giant didn’t disclose the total amount of lost jobs but it will ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate ...

Thousands upon thousands of workers have been laid off from Big Tech companies in just the past year. Amazon and Meta also conducted layoffs in January. Dominic-Madori Davis is a senior venture ...

Microsoft is laying off 3% of its workforce, or roughly 7,000 employees, CNBC reported on Tuesday, as the technology giant looks to rein in costs while funneling billions of dollars into its ...

RELATED: Microsoft turns 50. A look back at everything from the Altair to the Zune The company plans to lay off 1,985 workers in Washington, according to a state filing. This is part of a broader ...

Microsoft announced it plans to lay off three percent of employees across all levels, teams, and geographies, according to CNBC. "We continue to implement organizational changes necessary to best ...

Microsoft is laying off 3% of staff in a move that will impact all teams, levels and geographies. A Microsoft spokesperson told CNBC that "necessary" changes will be made with the aim of better ...