![]() ![]() Deutsche Bank is laying off 3,500 employees, mostly in back-office roles, in the coming years in order to lift profitability, Bloomberg reports.Įarlier this week, DocuSign laid off around 440 employees, and the Marketing, Sales, and Customer Success organizations were heavily impacted.Okta is letting go of 7% of its workforce, or around 400 jobs, as it aspires to “greater efficiency,” The Wall Street Journal writes.Videoconferencing company Zoom cut roughly 150 jobs this week, or less than 2% of its workforce, Bloomberg reports, citing anonymous sources.Estée Lauder is planning to lay off up to 3,000 employees, or about 5% of its 62,000-person global workforce, Bloomberg writes.Snap is laying off 10% of its staff, CNBC reports, affecting over 500 employees.CNN is relocating its show This Morning from New York to Atlanta and has told 50 employees on the show to reapply for jobs with the company, The Hollywood Reporter writes.In a bid to improve operational efficiency, DocuSign is laying off 6% of its workers, or about 440 people, CNBC reports.Amazon has laid off hundreds of its Pharmacy and One Medical employees, CNBC writes, in order to "reposition.".Warner Music is laying off 10% of its staff, or 600 roles, in order to cut costs, Bloomberg reports. ![]()
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