layoffs

3 articles
BenzingaBenzinga··Stjepan Kalinic

ASML Cuts 1,700 Jobs Amid Record Profits, Faces Labor Backlash

ASML slashes 1,700 positions despite €32.7B revenue and 52.2% margins. Dutch labor laws delay layoffs as workers protest expansion contradiction.
ASMLexpansionsemiconductor
The Motley FoolThe Motley Fool··Neil Patel

Block Stock Soars 20% on Massive Layoffs as Dorsey Touts AI Efficiency Wave

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.
XYZearningsfintech
BenzingaBenzinga··Prnewswire

Coal Operator on Pardee Property to Idle Seven Mines, Cut 530 Jobs

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.
PDERcoal miningmine closure