Layoffs

Jobless Claims Rise Amid Hurricanes, Automaker Layoffs and Boeing Strike

Jobless Claims Rise Amid Hurricanes, Automaker Layoffs and Boeing Strike
Jobless Claims Rise Amid Hurricanes, Automaker Layoffs and Boeing Strike
October 10, 2024  |  Economy

The effects of Hurricane Helene, cutbacks in the auto industry and furloughs related to a strike at Boeing drove U.S. jobless claims to their highest total...

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CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure
CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure
September 30, 2024  |  Retail

CVS Health is reportedly meeting with a top investor on ways to enhance its business. Get the Full Story Complete the form to unlock this...

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Amazon Plans to Have Fewer Managers, More Days in Office
Amazon Plans to Have Fewer Managers, More Days in Office
September 16, 2024  |  Amazon

Amazon plans to reduce the number of managers in each of its organizations and to require employees to work primarily in an office. Get the...

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PwC Plans to Cut1,800 Jobs Citing Changing Market Demand 
PwC Plans to Cut1,800 Jobs Citing Changing Market Demand 
September 11, 2024  |  Personnel

Accounting giant PricewaterhouseCoopers (PwC) is reportedly cutting around 1,800 jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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More Federal Reserve Districts Report Flat or Declining Economic Activity
More Federal Reserve Districts Report Flat or Declining Economic Activity
September 04, 2024  |  Economy

The number of Federal Reserve districts reporting flat or declining economic activity rose from five in July to nine in August. Get the Full Story Complete...

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Goldman Sachs Begins Layoffs as Part of Annual Review Process
Goldman Sachs Begins Layoffs as Part of Annual Review Process
August 30, 2024  |  Personnel

Goldman Sachs reportedly plans to lay off between 3% and 4% of its workforce — amounting to about 1,300 to 1,800 people — as part...

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Apple Reportedly Cutting 100 Jobs in Crucial Services Division
Apple Reportedly Cutting 100 Jobs in Crucial Services Division
August 28, 2024  |  Apple

Apple is reportedly eliminating around 100 jobs in its crucial digital services division. Get the Full Story Complete the form to unlock this article and...

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Tech Layoffs Reach 132,000 8 Months Into 2024
Tech Layoffs Reach 132,000 8 Months Into 2024
August 18, 2024  |  Technology

This year is shaping up to be a painful one for people working in tech. Get the Full Story Complete the form to unlock this...

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Mastercard to Cut 3% of Workforce; Will Redeploy to ‘Growth’ Areas
Mastercard to Cut 3% of Workforce; Will Redeploy to ‘Growth’ Areas
August 16, 2024  |  Personnel

Mastercard reportedly plans to lay off 3% of its global workforce — about 1,000 people — as part of a reorganization it announced earlier this...

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