Tag: layoffs

McDonald’s temporarily shuts U.S. offices, prepares layoff notices: report

McDonald’s temporarily shuts U.S. offices, prepares layoff notices: report

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The logo for McDonald’s restaurant. | Photo Credit: Reuters Burger chain McDonald’s Corp is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about its layoffs as part of a broader company restructuring, the Wall Street Journal reported on Sunday. In an internal email last week to U.S. employees and […]

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Apple, Amazon, Intel and others: Tech giants undergoing layoffs and hiring freezes

Apple, Amazon, Intel and others: Tech giants undergoing layoffs and hiring freezes

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Following Elon Musk’s acquisition, Twitter fired nearly half of its workforce as part of cost-cutting measures. Interestingly, the company later had to ask some of the fired employees to return after it realised that they were either fired in error or were too essential to certain operations. But the Twitter layoffs are part of a […]

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