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Walmart's finance and accounting functions will be outsourced to Genpact, a professional services firm in New York City.
The media industry has been rocked by layoffs and buyouts that have claimed over 2,900 jobs in 2019. The latest rounds were at CNN and GateHouse.
Cloud startup MapR says it may cut 122 jobs and close its Silicon Valley headquarters as it pursues ‘a strategic transaction’
MapR said it is "actively pursuing a strategic transaction" that may allow it to keep the site open and retain some of the employees.
CEO of local newspaper giant GateHouse Media acknowledged ‘sizeable’ layoffs in memo after parent company CEO tried to downplay the cuts
GateHouse CEO Kirk Davis briefly touched on layoffs that gutted local newsrooms across the US in an internal memo.
Local-newspaper giant GateHouse Media is laying off journalists across the US in cuts their CEO is calling ‘immaterial’
The local-newspaper giant GateHouse Media is conducting another round of layoffs. In an interview, the company's CEO called them "not material."
Lowe's will lay off around 200 workers in the Charlotte area and shift 600 other full-time employees to its headquarters.
Bed Bath & Beyond laid off workers this week. Sales have slid in recent years, and it has been accused of failing to adapt.
Four former employees are suing IBM, alleging it targeted older workers for layoffs, challenging the arbitration agreement they were given.
Oracle had layoffs on Thursday, with some anonymous message-board users saying they seemed to have been significant.
The job cuts amounted to about a third of its recruitment team.