Surf industry’s Liberated Brands lays off nearly 400, closes Costa Mesa offices
Another surf industry wipeout is hitting Orange County as Liberated Brands – which held the distribution license for big brands like Billabong, RVCA, Honolua and Volcom – shutters its Costa Mesa ...
'Unprofitable': REI shutters Experiences travel business, lays off 428 employees
REI CEO Eric Artz said the outdoor gear retailer would end its Experiences unit, which offered adventure classes and trips, ...
Even Companies That Aren’t Struggling Keep Laying Off Workers
It’s natural for companies to slash workers when times are tough. But some firms, such as Microsoft and BlackRock, are ...
U.S. Job Growth Excels But These Companies Are Announcing Layoffs
Jobs and job growth in the U.S. beat expectations, as the unemployment rate fell to 4.1% in December. Meanwhile, these ...
Why is REI laying off 438 employees? What to know about its Experiences business
The 180 full-time Experiences employees and 248 guides will still receive salaries through March, along with severance pay and health care. Part-time employees will continue to receive benefits ...
AkzoNobel to lay off up to 16% of workforce in France
As part of the programme, AkzoNobel will invest 22 million euros ($22.7 million) into its Montataire site in Northern France ...