Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5% of its workforce, in a restructuring to save $1.26 billion annually, it said on Wednesday, as it battles rising pressure from US rival Eli ...

Layoffs are hitting employees in the tech industry again. This time, it’s Webflow, a website-building platform that was once seen as a fast-growing Silicon Vall ...

ZoomInfo beat Q1 earnings but cut full-year revenue guidance by 62 million dollars, announced a 600-job restructuring (20 per cent of headcount), and lost 29 per cent of its stock price as AI-native ...

Dogged by bankruptcy speculation, Men’s Wearhouse parent Tailored Brands is hoping to stave off total collapse by slashing 20 percent of corporate jobs and closing as many as 500 stores in a sweeping ...

(Reuters) -Newmont's restructuring following the acquisition of Australian miner Newcrest has impacted 16% of the company's workforce, according to an internal memo to staff seen by Reuters. The ...

Hormel Foods HRL-1.65%decrease; red down pointing triangle is cutting 250 corporate and sales jobs as part of a restructuring, the food company that owns brands including Planters, Skippy and Spam ...

Cisco will cut nearly 4,000 jobs as it shifts investments toward AI and related growth areas. The company raised its annual revenue forecast after strong demand from hyperscalers helped AI ...