List of companies laying off employees this week

Thousands are expected to lose their jobs this week at dozens of companies, according to WARN notices reviewed by Newsweek.
WSOC-TV

Logistics company to lay off 86 employees as they end operations

CHARLOTTE — Kenco Logistic Services, LLC will permanently lay off 86 employees at its Charlotte facility on May 17. The move follows a contract cancellation at the site located at 11907 General Drive, ...

Here's the severance package Disney is giving to laid-off employees

Disney laid off employees for the first time under CEO Josh D'Amaro. Here's what departing staffers are getting paid in ...
Business Insider

Oracle lays off employees as it curbs costs during AI buildout

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...