A wave of layoffs is sweeping the US. Here are firms that have announced cuts so far, from Peloton to Snap.
By Avery Hartmans Peloton has laid off thousands of employees this year. Real estate firm Re/Max slashed 17% of its workforce. Even traditionally layoff-resistant companies like Netflix have made cuts, and now companies that saw a pandemic-era boom, like Shopify, are cutting hundreds of jobs. The reason, broadly, is twofold:...