Tag: job cuts

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I’m Terrified I Will Be Laid Off

Beverly Flaxington is a practice management consultant. She answers questions from advisors facing human resource issues. To submit yours, email us here. Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives. Dear […]

Snapdeal Lays Off Hundreds Of Workers

Snapdeal Lays Off Hundreds Of Workers

Snapdeal, an online marketplace headquartered in India, is reportedly laying off 500 to 600 employees. The cuts will affect all of Snapdeal’s divisions, including the marketplace, online payment division FreeCharge and logistics business Vulcan Express. The ecommerce company has raised […]

First Move For New Zenefits CEO? Cut Half The Staff

First Move For New Zenefits CEO? Cut Half The Staff

Two months after reports surfaced that Zenefits was burning through hundreds of millions of dollars a year and losing its interim CEO, the embattled HR software provider has laid off almost half of its workforce, according to a BuzzFeed report. […]

Theranos Lays Off 41% Of Employees

Theranos Lays Off 41% Of Employees

Less than two years ago, Theranos was worth $9 billion and poised to go down in Silicon Valley history for its one-drop blood-testing technology. Now, the embattled company—which has been sued several times for allegedly making false and misleading claims—is […]

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Twitter Inc To Cut 300 More Jobs This Week [REPORT]

Twitter is considering slashing its workforce 8% further or about 300 employees, reported Bloomberg on Monday, citing people familiar with the matter. The company will report its third quarter earnings on Thursday and might announce the job cuts before that. […]

Theranos Sued By Investor

Theranos Sued By Investor

Theranos Sued By Investor by PitchBook Theranos is the target of a lawsuit filed by a hedge fund that invested $96 million in the startup, per The Wall Street Journal. The Partner Fund Management suit alleges, among other things, that […]

Why Did Microsoft Cut Over Two Thousand Jobs?

Why Did Microsoft Cut Over Two Thousand Jobs?

To remain profitable, large businesses sometimes have to make tough decisions that impact thousands of people. That’s the situation tech giant Microsoft finds itself in right now. In late July, the company revealed it would lay off nearly 3,000 employees […]