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The cuts will come in seven stages and will be completed in May 2026, Exxon said in a notice to the Texas Workforce Commission on Wednesday. The cuts represent almost 20% of Pioneer's pre-merger ...

Volkswagen is bracing for a more intense restructuring plan than initially anticipated, which could result in tens of thousands of job cuts among its German workforce — marking one of the ...

Gritstone bio (NASDAQ:GRTS) shares plunged 23% in after-hours trading Thursday after the company disclosed it was slashing its workforce by ... subunit vaccine made by Novavax (NVAX).

Upwork plans to axe 21% of its workforce as part of a reorganization of operations intended cut costs and boost growth. The online marketplace operator said the job cuts are expected to generate ...

‘Pax8 recently made the difficult decision to conduct a reduction in workforce. This move primarily ... sent to employees not impacted by the cuts and obtained by CRN, Street said, “There ...

The 165 job cuts also include five executives in its ... Sage said in an SEC filing that it expects a non-recurring charge tied to the workforce reduction of $26 million to $28 million that ...

Boeing will lay off 10% of its workforce in the coming months and cut its production amid a month-old strike that has left the company burning through cash as its factories sit idle. The company ...

Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region. The aviation giant must ...

“We must pivot out of some of our past operational practices toward a more focused and effective mode of meeting our mission,” Nemer said, arguing for the necessity of workforce cuts. Nemer ...

The job cuts will affect about one-third of its total workforce, including about half of the employees who work in research and development. Several executives will also depart, including Chief ...

Social Security has faced the possibility of benefit cuts in the past ... revenue as baby boomers stage a massive exodus from the workforce. Thankfully, Social Security has trust funds to tap ...