News Formal

Calif. Pharmaceutical Companies AbbVie And Bristol Myers Lay Off 360—Here Are The Major U.S. Layoffs This Summer

  • 📰 Forbes
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Forbes is tracking the biggest layoffs in the U.S. this summer as companies react to fears of a looming recession.

Boston-based online furniture retailer, which stated the company was rebuilding after the Covid-19 pandemic but that their “team is too large for the environment we are now in.”laid off 110 employees, including 90 in the U.S. , CEO Bill Staples posted in a

on the company’s website, writing the cuts are essential in light of “current information on growth trends and market expectations.”, the second biggest radio company in the United States, cut 5% of its workforce ,Aug. 16, 2022

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Daily Dozen | Forbes: Bad News Kanye; $20B Adobe Acquisition; 25 Best Places To RetireInvestors fear the Federal Reserve could increase interest rates by 100 basis points; Roger Federer announces retirement from tennis; a rail strike has been avoided, for now; and more.
Source: Forbes - 🏆 394. / 53 Read more »