Kings Food Markets Closing 2 New Jersey Stores, 122 Jobs at Risk
Albertsons-owned Acme Markets will shut Kings stores in Hillsdale and Whitehouse Station by Jan. 2, 2027, with 122 jobs listed in a WARN notice.
layoffs
Samsung Cuts Hundreds of Jobs as U.S. Headquarters Relocates to Plano
PLANO, Texas — Samsung Electronics is moving forward with a major restructuring of its U.S. operations. The company will cut hundreds of jobs while relocating its American headquarters from Englewood Cliffs,…
iHeartMedia Begins New Wave of Layoffs as Radio Industry Faces Continued Transformation
The nation’s largest radio broadcaster is once again reducing its workforce as the media industry adapts to changing listener habits and a rapidly evolving digital landscape. iHeartMedia has reportedly begun…
KPMG Faces Major Layoffs as Audit Leaks Scandal Deepens
Global accounting giant prepares sweeping job cuts as fallout from an ethics controversy continues to reshape the firm. One of the world’s largest professional services firms is preparing for one…
Xbox’s Massive Layoffs Reveal the Cost of a Strategy That Never Fully Worked
For years, Xbox looked like it was building an unstoppable gaming empire. Microsoft spent billions acquiring legendary studios, invested heavily in subscriptions, expanded Game Pass, pushed cloud gaming, and promised…
Rivian Cuts Hundreds of Jobs Just One Day After Launching Its Newest EV Model
The electric vehicle industry continues to face a harsh reality in 2026: growth is no longer guaranteed. Just one day after unveiling its highly anticipated new electric vehicle, Rivian announced…
Oracle Pays New CFO $29.7 Million While Cutting 30,000 Jobs — A Stark Signal of the AI Era
In one of the most jarring contrasts in corporate America this year, Oracle Corporation has awarded its new CFO, Hilary Maxson, a compensation package worth nearly $29.7 million—all while laying off approximately 30,000 employees. It’s…
GM Lays Off 1,300 Workers at Factory ZERO EV Plant
Detroit, MI — In a move that signals both the growing pains and recalibration of the electric vehicle market, General Motors (GM) has announced layoffs impacting approximately 1,300 workers at its flagship Factory ZERO electric vehicle plant…
Unexpected Job Losses Are Rising — And the Fed Faces a Growing “Stagflation Challenge”
The U.S. economy entered 2026 with cautious optimism. Inflation had cooled from the historic highs of 2022–2023, consumer spending remained resilient, and unemployment hovered near historically low levels. Yet beneath…
January Shock: The Worst Month for Layoffs Since the Great Recession
January just delivered an economic gut punch—and it wasn’t subtle. Across industries, companies cut jobs at a pace not seen since the depths of the Great Recession. Tech, media, finance,…
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