Layoffs
BlackRock cuts private credit executives hired pre-HPS deal
The asset manager is reducing its workforce by about 250 globally
Pinterest to cut ‘less than 15%’ of staff amid AI push
The company expects to complete the restructuring plan near the end of its third quarter, ending Sep 30, 2026
Nike slashes 775 jobs in US to speed up automation, boost profit
The sportswear brand has undergone several rounds of layoffs in recent years
Ubisoft set to cut up to 200 jobs headquarters in restructuring
The company has endured a series of setbacks in recent years
AI job cuts are landing hardest in Britain, Morgan Stanley says
British companies report that AI has been leading to 8% net job losses for the past 12 months, its study shows
Citigroup to lay off more employees in March
The layoffs are expected after bonuses are paid in March
BNP Paribas seeks to cut about 1,200 roles on Axa IM integration
More recently, the CEO Jean-Laurent Bonnafe has been selling some stakes in various businesses
Autodesk to cut about 7% of staff amid sales reorganisation push
Most of the reductions will be related to sales functions, the company says
Meta begins job cuts as it shifts from metaverse to AI devices
Reality Labs houses the company’s hardware and other futuristic product efforts
BlackRock cuts hundreds of jobs, trimming about 1% of staff
Other financial firms have been seeking to cut jobs and control costs
