Silk Soy Nog Discontinued. Oh no! The regular Silk Nog with soymilk has been discontinued. It seems like Silk has discontinued their unsweetened creamers, much to the disappointment of a customer who enjoyed starting their mornings with them. The customer was fond of the unsweetened creamers and desired to see them back in production. However, …
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Is SAS Laying Off? This summer, a company called SAS Institute, which is good at analytics, said it would have a bit fewer people working by the end of the year—about 1% less. The company announced layoffs recently. After cutting some jobs in July, they cut more in September. The cuts mainly happened in a …
Granite City Steel Layoff. Granite City Steel faced a tough day as U.S. Steel delivered disheartening news! The company said most of the work at the Granite City plant would stop, leaving about 1,000 workers jobless. Four hundred had already ceased work since October 1, and now 600 would join them. The plant once employed …
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Is PepsiCo Laying Off Employees? Many companies, like PepsiCo, have been laying off workers because of inflation. Inflation means things cost more, and it’s been tough for many businesses. Even big tech companies, like Twitter, Meta Platforms, Snap, and Salesforce, have had to cut jobs. Now, let’s talk about PepsiCo Layoff. They’re a company that …
Is Envestnet Laying Off Employees? Envestnet, a big player in advisory technology, has confirmed layoff recently. It said the company will be making significant job cuts. The CEO, Bill Crager, warned employees about the impending layoffs. He acknowledged the difficulty of these decisions. But also acknowledged their necessity to sustain the company’s mission and value …
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Is Cybereason Laying Off Employees? In April 2023, Cybereason had to make tough decisions as it conducted two significant layoffs. These layoffs led to over 300 employees leaving the company. Despite these cuts, they still have around 1,000 employees. These layoffs were primarily aimed at streamlining the company’s expenses. It was refocusing on core products …
Follett Corporation is known for providing educational products to schools and public libraries. Follett is based in Westchester, Illinois. Recently, the firm has yet to announce layoffs. Notably, the last layoffs reported at Follett date back to 2013. At that time, its division, Follett Higher Education Group, had to inform nearly 10% of its 6,000 …
Barclays is a well-known multinational bank. Recently, it has come under the spotlight due to its substantial staff layoffs. Barclays eliminated jobs in its UK retail and trading divisions. This move is part of its annual performance improvement efforts. This is a common practice across many companies. Barclays’ CEO, Venkat, stated that they regularly adjust …
Barclays Layoffs 2023: Are they laying off 450 employees? Read More »
Is Sonos Laying Off Employees? Sonos is a prominent player in the audio technology industry. It has announced employee layoffs recently to reduce its operating costs. As reported in a filing to the SEC, Sonos laid off around 7% of its workforce. At last count in October 2022, Sonos had 1,844 employees, so it’s estimated …
PTC Therapeutics is reducing its employees even further. The layoffs are carried out to achieve a 20% decrease in annualized operational expenses. On September 28, 2023, the biopharmaceutical business announced that approximately 25% of its staff had been let go. This layoff is primarily for those working on early-stage research projects and at the Hopewell, …
PTC Therapeutics Layoffs 2023: things to know about Read More »
