Find out how Block Inc. plans to cut 112 jobs on March 30 as part of a cost-reduction strategy to lower headcount to 12,000 by year-end amid economic headwinds.
Transportation
Spirit Airlines has permanently closed all U.S. operations, leading to 4,057 layoffs in Florida due to rising fuel prices and inability to secure capital.
May 5, 2026
Technology
Cognizant initiated Project Leap, a global restructuring program, allocating up to $270 million for employee costs to enhance efficiency and adapt to AI.
May 5, 2026
Other
Coinbase cut 14% of its global workforce, approximately 700 employees, citing a crypto market downturn and a strategic shift towards AI-driven operations
May 5, 2026
Other
FreshRealm, a fresh-food platform, has filed for Chapter 11 bankruptcy, leading to layoffs affecting hundreds of employees across New Jersey and
May 4, 2026