Worst Layoff News Today

The Connecticut-headquartered quick-service food chain, known for its signature submarine (sub) sandwiches and wraps, has retained advisers to explore a sale, the Wall Street Journal reported, citing people familiar with the developments. Subway, US-Based Iconic Global Sandwich Chain, Heading for Sale With Valuation Over $10 Billion?.

Singapore-based crypto exchange Crypto.com said on Friday it had decided to reduce global workforce by approximately 20%. Crypto.com Begins Layoffs; Reducing Global Workforce by Nearly 20% As Cryptocurrency Markets Woes Deepen.