Discover why Business Insider is laying off about 8% of its staff to refocus teams and reduce spending as the advertising market continues to soften.
Healthcare
French biopharmaceutical firm Valneva is cutting up to 15% of its global workforce, impacting over 100 employees, following a significant revenue drop and
May 18, 2026
Transportation
Spirit Airlines ceased operations, leading to thousands of layoffs across Florida and Texas. The budget airline cited skyrocketing fuel prices and
May 15, 2026
Healthcare
Takeda is implementing a global "transformation program" to streamline operations and cut costs, resulting in 4,500 job reductions worldwide.
May 14, 2026
Other
Cisco is cutting nearly 4,000 jobs, less than 5% of its workforce, as part of a strategic shift to focus on artificial intelligence and high-growth areas.
May 14, 2026