The New School, a private university based in New York City, has reduced its workforce by nearly 90 faculty and staff members as part of an ongoing restructuring initiative aimed at restoring its financial stability.
Tag: Restructuring
As it works to recover from a prolonged sales slowdown, sportswear giant Nike is accelerating a global round of layoffs and organizational restructuring. The company announced plans to cut approximately 1,400 roles, with the majority concentrated in its technology division.
The New York-based labor union The NewsGuild of New York and Condé United have issued an official statement addressing the latest round of layoffs at Condé Nast. The cuts reportedly affected 16 employees across Self, Glamour, and Condé Nast Entertainment (CNE).
German sportswear giant Puma announced plans to cut approximately 900 corporate positions worldwide by the end of 2026 as part of a sweeping restructuring effort under its new CEO, Arthur Hoeld.