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Anchorage Digital cuts 17% of staff, report says
Reports of layoffs at the federally licensed U.S. digital asset bank have renewed focus on how the prolonged weakness in crypto markets is weighing on the industry.
Nike Shares Fall on Weak Sales Outlook and Restructuring Plan
The company also said layoffs will begin next year as it forecasts a sharp revenue decline in fiscal 2027.
Nike to Cut Jobs in 2027 as Restructuring Deepens
Nike said fiscal 2027 revenue is expected to decline in the high single digits, sending the stock down 3% after earnings.
Greggs plans four factory closures and 740 job cuts
The UK bakery chain aims to save £20 million by 2028-29 through a restructuring spread over two and a half years.
Uber cuts more than 3,000 jobs in major restructuring
The company will reduce about 10% of its global workforce as it trims management layers and redirects spending to its core businesses.
Washington fruit grower to lay off 928 workers
Seasonal work is ending for 928 H-2A agricultural workers in Washington, one of the United States’ major fruit-growing regions.
Stanley Black & Decker to Shut Maryland Plant by 2027
Stanley Black & Decker plans to begin layoffs at its Hampstead facility on Oct. 23, 2026, affecting 55 workers, and complete the closure by March 26, 2027.