Layoffs and Job Reductions

Distilleries Raced to Make Hand Sanitizer for the Pandemic. No Longer.

As the coronavirus pandemic shuttered bars and restaurants in March, Phil McDaniel’s craft distillery in St. Augustine, Fla., stopped producing bourbon. Then he realized there was one alcohol-based product he could make

///////////////
1 views
11 mins read

Everlane’s Promise of ‘Radical Transparency’ Unravels

Michael Preysman, a founder and the chief executive of Everlane, a fashion brand that targets the ethically minded with minimalist basics, stood onstage in May 2019 at the Copenhagen Fashion Summit and

/////////////////
3 views
17 mins read

Square, Jack Dorsey’s Pay Service, Is Withholding Money Merchants Say They Need

OAKLAND, Calif. — Jack Dorsey has won plaudits for his corporate activism during the coronavirus crisis, taking on President Trump in his role as Twitter’s chief executive and donating nearly a third

//////////
7 views
18 mins read

Google Rescinds Offers to Thousands of Contract Workers

OAKLAND, Calif. — Google, facing an advertising slump caused by the pandemic, has rescinded offers to several thousand people who had agreed to work at the company as temporary and contract workers.

////////////
10 views
11 mins read

When the C.E.O., Already Facing a Crisis, Gets the Coronavirus

Glenn Fogel was in crisis mode. It was late February, and the coronavirus was spreading. Mr. Fogel, the chief executive of Booking Holdings, the online travel giant that owns brands like Priceline.com,

///////////////
6 views
11 mins read

The Results Are In for the Sharing Economy. They Are Ugly.

OAKLAND, Calif. — The coronavirus pandemic has gutted the so-called sharing economy. Its most valuable companies, which started the year by promising that they would soon become profitable, now say consumer demand

//////////////
17 views
9 mins read

Facebook Restructures Its Security Teams

SAN FRANCISCO — Facebook has restructured some of its security teams in a move that displaces more than two dozen employees. The changes, which took place last week, affected Facebook’s detection-engineering and

////////
11 views
3 mins read

Start-Ups Pursue ‘Free Money’ With Relief Funds, Prompting Backlash

Domio, a start-up that offers short-term rentals, has its headquarters in a New York City loft that features beer on tap, a game room and a wall of house slippers for visitors.

////////////
15 views
11 mins read