Layoffs
Every Sainteur story on layoffs, newest first.
Boeing to cut 5% of its commercial airplane workforce as it delays its 737 production ramp
The commercial unit will cut about 5% through attrition and involuntary layoffs, with notifications beginning in December, after Boeing pushed a 737 rate of 52 jets a month to the back half of 2027.
Trade Desk's CEO shouldn't get to vote himself a cheaper strike price
Resetting underwater options for 2,300 employees after layoffs has a real case. Letting Jeff Green's 50.2% of the vote decide a repricing that also covers his own options doesn't.
American Express is cutting 5% of its workforce, and its CFO says AI is part of the reason
The card company took a $336 million restructuring charge in a quarter that beat adjusted profit estimates and lifted its full-year outlook.