Text size Justin Sullivan / Getty Images Macy’s said Thursday it planned to fire at least 3,900 workers in an effort to cut costs. The troubled retailer says the job cuts are part of a restructuring that it hopes to save $ 365 million in costs this year and $ …
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More than 20,000 city employees in all city agencies could lose their jobs to create $ 1 billion in cuts needed to balance the budget with the coronavirus-hungry coffers of the Big Apple, Mayor Bill de Blasio announced Wednesday. “Closing the $ 1 billion gap would mean laying off 22,000 …
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HIAWATHA, Iowa (KCRG) – An Internet domain registration and web hosting service said Wednesday that it has implemented a restructuring that impacts hundreds of employees in response to a changing business environment. GoDaddy, Inc. said that due to difficulties with its outgoing sales unit in the United States, 814 employees …
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(Reuters) – Aurora Cannabis (ACB.TO) (ACB.N) announced a new round of staff cuts on Tuesday and plans to close five facilities in the next two quarters as the COVID-19 pandemic strikes the cannabis industry. FILE PHOTO: The logo for Aurora Cannabis Inc., a Canadian licensed cannabis producer, is displayed on …
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Cannabis Aurora (ACB) – Get report Shares rose Tuesday when the marijuana company announced it would lay off about 700 workers, close five production facilities and charge $ 60 million for the quarter ending June 30. Regarding the layoffs, Aurora said in a statement that there will be “an approximate …
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