Learn how Okta plans to cut about 400 jobs-around 7% of its global workforce-to rein in costs and refocus on sustainable growth after rapid hiring.
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
Media
The Associated Press laid off 20 US journalists as part of a restructuring to shift focus from print to visual journalism and other revenue sources.
May 16, 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