economie

The full list of major US companies slashing staff this year, from TikTok and Flexport to Tesla and Goldman Sachs

October 11, 20240
iRobot’s executive vice president and chief legal officer Glen Weinstein has been appointed interim CEO upon Angle’s exit from the company.

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The company behind the Roomba Vacuum announced layoffs in late January around the same time Amazon decided not to go through with its proposed acquisition of the company, the . “At the same time, we will continue to invest in areas of the business we believe will create and accelerate growth.”

Okta is cutting roughly 7% of its workforce.
The cuts follow several rounds of layoffs at Amazon last year.

Mark Lennihan/Associated Press

Amazon is cutting hundreds of jobs from its wrote on Thursday. It will now focus on beauty, fashion, and food — specifically its Goop Beauty and good.clean.goop beauty brands, G.Label clothing line, and Goop Kitchen restaurants.

That means it’s moving away from wellness, home, travel, and sexual wellness, some of which are categories that once defined the brand.

Samsung plans to cut jobs globally this year, Reuters reported
Verizon will let go of 4,800 US-based management employees by March 2025.

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Verizon is letting go of 4,800 US-based management employees in a voluntary separation program.

Over half of these employees will exit in September, while the rest will leave by the end of March next year, the company said in a Securities and Exchange Commission filing.

The telecommunications giant expects severance charges to cost as much as $1.9 billion before tax in the third quarter of this year.

General Motors is laying off about 1,700 employees in Kansas
Flexport CEO Ryan Petersen returned to the company in September.

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US logistics startup Flexport is laying off another 2% of its US staff this week as it aims to cut costs and reorganizes its retail delivery business.

The fulfillment center-focused cuts amount to about 40 people and were first reported by The Information, citing an internal memo.

In January, Flexport cut 15% of its staff, or around 400 people. Those cuts came after Flexport founder and CEO Ryan Petersen initiated a 20% reduction of its workforce of an estimated 2,600 employees in October 2023.

Flexport kicked off 2024 with the announcement that it raised $260 million from Shopify and made “massive progress toward returning Flexport to profitability.”