# layoffs
Latest news and articles about layoffs
Total: 3 articles found
Washington Post CEO Abruptly Steps Down After Cuts That Removed a Third of Staff
The Washington Post's CEO and publisher Will Lewis left the paper immediately on February 7, with CFO Jeff D’Onofrio installed as interim publisher and CEO after the paper announced cuts of roughly one‑third of staff. The layoffs — affecting hundreds of journalists across nearly every beat — reflect wider financial pressures on legacy news organizations and could materially reduce the Post’s reporting capacity on international and specialized coverage.
ASML to Cut About 1,700 Jobs as Chipmaker Rebalances After a Boom
ASML will cut about 1,700 jobs, mostly in technical and IT management roles in the Netherlands and some in the U.S., representing roughly 4% of its workforce. The reduction appears aimed at overhead trimming and organizational realignment amid a cyclical industry and geopolitical uncertainty, rather than at production capacity.
Amazon to Cut Nearly 16,000 Jobs as it Tightens Its Belt and Repositions for AI Era
Amazon has announced nearly 16,000 job cuts as it seeks to curb costs and redeploy resources toward cloud, advertising and artificial-intelligence initiatives. The move reflects a broader industry shift from pandemic-era expansion to a focus on profitability and automation, with implications for employees, customers and competitors.