Burberry is set to cut as many as 1,700 roles as the UK fashion label seeks to reduce costs amid falling sales.

The British label said it is continuing with restructuring as part of a wider spending downturn that is plaguing the luxury ...

Companies such as UPS, Meta, Microsoft, BlackRock, and Block are conducting layoffs. Artificial intelligence is reshaping some workforces. See the list of companies letting workers go in 2025.