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HomeLayoffs

Layoffs

Top U.S. natural gas producer
Crude Oil News

Exclusive: Top U.S. natural gas producer Chesapeake Energy cuts jobs

May 21, 2024 Mariel Alumit

May 20 (Reuters) – Chesapeake Energy (CHK.O), opens new tab, a top U.S. natural gas producer, began laying off employees this week after completing the divestiture of its oil assets last year, the company said on […]

Shell
Crude Oil News

Shell Plans to Cut 20% of Jobs in Its M&A Unit

March 13, 2024 Mariel Alumit

The ongoing job cuts at Shell are extending to the team handling mergers and acquisitions for the supermajor as the oil and gas giant is looking to eliminate around 20% of several hundred positions in […]

Aljazeera International

Is ‘shareholder supremacy’ driving the layoffs in tech?

May 17, 2023 Mariel Alumit

In May of 2019, Uber was on the upswing. The ride-hailing company was about to go public and its initial public offering was valued at more than $120bn. However, in the lead-up to its IPO […]

Layoffs
Zero Edge

Wells Fargo Braces For More Layoffs As Loan Volumes Collapse 90% YOY

November 4, 2022 Mariel Alumit

Among the growing list of many companies bracing for layoffs is now Wells Fargo, who has seen their U.S. loan volumes “collapse”. The fall off in loan volume has left some workers “idle”, according to […]

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