LAYOFF NEWS: Peloton Cuts Another 400 Jobs, DNEG Announces RIF, Foxtrot Shuts Doors #jobs #business



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Peloton, the home exercise equipment company, has announced another round of layoffs impacting 15% of its remaining workforce, or around 400 global team members.

Visual effects (VFX) firm DNEG, which played a key role in the recent Dune films and Oppenheimer, is initiating a round of layoffs that could impact as many as 500 staff, or 5% of the global workforce.

Finally, Foxtrot Market and Dom’s Kitchen and Market, two upscale grocers in the Chicago area that merged six months ago, went out of business last week, but did not inform the state of Illinois until more recently. A combined nearly 350 workers across both stores were impacted, as were hundreds of other workers at other Foxtrot locations across the country.

#jobs #business #entrepreneur #hr

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