Doge, the "department of government efficiency, " seems to have vanished without much fanfare. This happened while it still had eight months left on its contract. The group was known for making big changes in federal agencies and letting go of many workers. Scott Kupor, the head of the office of personnel management (OPM), said Doge is no longer a "centralized entit...
The job market is in a tough spot right now. In October 2025, companies in the U. S. cut 153, 074 jobs. That's a huge jump from October 2024, when only 55, 597 jobs were cut. It's also a big increase from the month before, with 54, 064 job cuts in September 2025. This news comes from Challenger, Gray & Christmas, a company that tracks job cuts. So why are so many jo...
Paramount has started letting go of about 1, 000 workers. This is part of a bigger plan to cut costs and reshape the company. David Ellison, who now leads Paramount, said these changes are needed to make the company stronger in the long run. The cuts are happening in many parts of the company. This includes CBS, CBS News, and popular channels like MTV and Comedy Cen...
UPS has been making big changes to its business. So far this year, they've cut around 48, 000 jobs. This includes about 34, 000 operational roles and 14, 000 management positions. They've also closed 93 buildings. These moves are part of their plan to save money and work more efficiently. The company recently shared its third-quarter results. They made $1. 31 billio...
UPS just dropped some serious news. They're making big changes and saving a ton of money. Their latest plan is all about cutting costs and focusing on what really matters. First, let's talk numbers. UPS made a lot more money than people thought they would. They brought in $21. 4 billion in revenue, which is way more than the $20. 83 billion everyone was expecting. A...
Meta, the tech giant behind Facebook and Instagram, has recently announced that some jobs in its risk division are being cut. This is because the company is shifting towards using more automated processes instead of manual reviews. Michel Protti, Meta's chief compliance and privacy officer of product, shared this news with the staff in an internal memo. This move is...
Meta, the company behind Facebook, has decided to let go of around 600 workers from its AI team. This includes people from the Fundamental AI Research unit and the AI product and infrastructure division. Some experts say this is just a way to make the company look better to investors. AI is everywhere these days, from helping us find jobs to even influencing who we ...
Meta, the company behind Facebook, is making big changes to its AI team. They are letting go of about 600 people from their superintelligence lab. This news came from a memo written by Meta's chief AI officer, Alexandr Wang. The memo said that with fewer people, decisions can be made faster and each person will have a bigger role. This isn't the first time Meta has ...
Molson Coors Beverage Company is making some big changes. They plan to cut about 400 jobs, which is 9% of their salaried workforce in the Americas, by the end of this year. This is part of a bigger plan to restructure the company. Why are they doing this? Well, it's not easy out there. Companies in the U. S. that sell alcohol are facing some tough times. People are ...
A finance company called Raistone has recently made the tough decision to lay off a number of its employees. This move comes after one of its main clients, First Brands Group, suddenly went out of business. First Brands was a company that supplied parts for vehicles, and its collapse has had a ripple effect on Raistone. Raistone is based in New York and specializes ...