layoffs

Nasdaq surges 1.7% to record highs on strong jobs data and AI demand; Micron jumps 16%, while Cloudflare and HubSpot plunge on disappointing results.

Ticketmaster lays off 350 employees (8%) despite 10% ticketing revenue growth to $765M, with Live Nation posting $370.5M operating loss partly from $450M legal accrual.

Nike stock plummets 32% YTD amid China sales decline, margin compression, EEOC investigation, and 14,000 job cuts, signaling deeper structural challenges.

Disney reports Q2 earnings with $1.49 EPS expected as streaming reaches profitability, but parks division faces headwinds from geopolitical risks and travel slowdown.

Meta cuts 10% workforce (8,000 employees) while planning $115-135B AI spending in 2026, maintaining 24-30% revenue growth and potentially signaling attractive valuation for investors.

Snap slashes 16% of workforce targeting $500M cost savings as April stock surge masks structural competitive challenges and persistent annual losses.

Disney eliminates ~1,000 positions across media divisions, with Marvel Studios hardest hit. Restructuring aims to improve execution and content quality under CEO Josh D'Amaro.

ASML slashes 1,700 positions despite €32.7B revenue and 52.2% margins. Dutch labor laws delay layoffs as workers protest expansion contradiction.

Block's stock surged 20% after Q4 earnings, driven by announcement of 4,000+ employee layoffs as part of AI-driven restructuring. CEO predicts industry-wide pattern.

Greenbrier Minerals to idle seven West Virginia coal mines, cutting 530 jobs by mid-April due to challenging market conditions. Expected revenue impact: $4-5 million.