Genentech layoffs

Genentech layoffs and pink slips to 436 employees at its headquarters

In March and April 2024, hundreds of employees at biotech and health tech companies were laid off. The biotech giant Genentech is eliminating positions in South San Francisco. These layoffs are permanent. According to an April 3 WARN letter, Genentech intends to give pink slips to 436 employees at its headquarters in South San Francisco. […]

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Square Enix layoffs

Square Enix layoffs 2024 – A.I. create problems for employees?

Square Enix is about to become the latest game company to lay off its employees. The business has stated that it will shortly begin layoffs at its U.S. and European offices. Square Enix’s new “medium-term business plan” was released. It provided hints of problems and outlined a goal to “strongly pursue” multiplatform game creation and

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mastercard layoffs

Mastercard Layoffs 2024 – Latest Workforce Reduction Updates

Mastercard experienced major workforce layoffs in February 2024. The company did not officially disclose the actual number of laid-off employees. However, it was evident that there had been a major decrease in staff, affecting multiple departments and levels. This was not the first time Mastercard had laid off employees. In February 2015, the company laid

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Cigna Layoffs 2024 – Cigna reports a $277 million Q1 loss

The Cigna Group is an American global healthcare and insurance firm. It is headquartered in Bloomfield, Connecticut. The company’s insurance subsidiaries are important suppliers of medical, dental, and related products and services. They are mostly provided through employers and other groups. In the coming months, Cigna’s Evernorth Care Group plans to reduce specialty services and

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