layoffs

Ford will cut 7,000 white-collar jobs

Ford is cutting 7,000 white-collar jobs, or about 10% of its salaried staff worldwide, as part of a cost-cutting effort it says will save the company about $600 million a year.

New York magazine lays off staffers

New York Media, the parent company of New York magazine, laid off 16 full-time staffers and an additional 16 freelancers or part-time employees as the publication restructures, chief executive Pam Wasserstein said in a memo to employees on Monday.

Why layoffs hit women and minorities hardest

When a company is going through layoffs, women and minority employees don't always stand an equal chance. Research shows these groups of workers are labeled redundant or non-essential more frequently than their white male colleagues.

BuzzFeed votes to unionize after layoffs

After a crushing round of layoffs that sent shockwaves through the newsroom, BuzzFeed's editorial staff announced on Tuesday that they have formed a union to grapple with the threats looming over the media industry.

GM to start laying off 4,000 salaried workers on Monday

Layoffs for about 4,000 salaried staff at General Motors are due to start Monday -- a previously announced move that comes just as President Donald Trump prepares to trumpet American manufacturing at next week's State of the Union address.

Ocasio-Cortez calls Big Tech giants' dominance 'unsustainable'

Democratic Rep. Alexandria Ocasio-Cortez has quickly become one of Washington's most prolific social media users, but this weekend the New York freshman said Silicon Valley companies had too much power and that "the current monopoly trend is societally and economically unsustainable."

BuzzFeed lays off dozens of journalists

BuzzFeed laid off dozens of employees on Friday inside its prized news division as the media organization restructures to grapple with the tumultuous digital news landscape.

Media industry loses about 1,000 jobs as layoffs hit news organizations

About a decade ago, traditional news organizations faced an emerging threat from a host of digital upstarts, outlets that provided the news immediately, online and for free. Today, a new threat seemingly looms over the entire industry, as one reckoning after another comes for both print and digital shops alike.

GM's union talks could spare some workers at risk of layoffs

GM chief executive Mary Barra traipsed around Capitol Hill this week, meeting lawmakers about the company's plans to shut four plants in Michigan, Ohio and Maryland. She got a lot of questions about why she couldn't save thousands of jobs.