Estee Lauder on Friday raised its annual profit forecast and laid out plans to cut up to 3,000 more jobs globally as it accelerates a broad restructuring plan, sending its shares ⁠up ‌about 11% in ...
Detroit’s Big Three cut 19% of white-collar staff since 2022. GM laid off 500 IT workers this week while hiring for 250 AI roles. General Motors, Ford, and Stellantis have together eliminated more ...