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85 percent of mid-sized companies reported minimum volatility and zero layoffs, according to a study by talents assessment firm Mercer|Mettl.
Social discussion platform Reddit is laying off at least 90 employees and reducing fresh hiring as part of restructuring plans to cut costs, a media outlet reported.
According to the report, the company is considering terminating 3,000 non-manufacturing employees from its global workforce.
Approximately 500 employees throughout the bank will be let go by JPMorgan Chase this week, a spokesperson told on Friday.
Disney has begun its 3rd round of layoff which is likely going to affect over 2,500 employees across different departments.