Levi Strauss to cut up to 15% of corporate staff

Levi Strauss announced a restructuring affecting up to 15% of its corporate workforce as the denim giant sought to fund a heavier investment in its direct-to-consumer digital channel.

eBay announces 9% reduction in workforce

eBay announced a 9% reduction in its full-time workforce to concentrate resources on focused categories and AI-powered seller tools.

Wayfair announces workforce reduction

Wayfair trimmed 13% of its global workforce as online furniture sales slumped post-pandemic and the company sought to reduce its cost base to reach sustained profitability.

Shopify announces restructuring and workforce changes

Shopify cut 20% of its workforce and divested its logistics arm after CEO Tobi Lütke admitted the company had bet incorrectly on pandemic e-commerce growth being permanent.

Peloton to cut 2,800 jobs and replace CEO

Peloton slashed 20% of its workforce across hardware, software and support as connected-fitness demand normalised and the company scrambled to stem cash burn.

Retail Layoffs