Chevron trimming headcount by 15-20% in layoffs
Chevron Chairman and CEO Mike Wirth will provide the latest details on the possible $53 billion merger with Hess in “Mornings with Maria.” Chevron is trying to cut its personnel for a significant amount of money. The energy giant said, “To simplify the organizational structure, 15% to 20% of workers will be fired. [execute] Chevron […]
JEREMY PORTNOY: It’s Time To Downsize The DEI Headcount At HHS
Under President Joe Biden, the Department of Health and Human Services (HHS) has built a dizzyingly complex diversity, equity, and inclusion (DEI) infrastructure. The agency's 2025 budget request includes the word “capital” 829 times, adding to a total that is already impossible to fully tally. HHS hired at least 294 DEI staff last year at […]
Peloton CEO steps down, fitness unicorn to slash headcount by 15%
Peloton’s fitness company plans to cut about 15% of its global workforce, and Peloton’s chief executive officer will step down from his position. Secretary of State Barry McCarthy notified Peloton’s approximately 3,500 employees in a letter of his resignation. Note On Thursday morning, he sent out that his “only lasting legacy in Peloton” is the […]