Layoffs

Jobless Claims Drop While Total Unemployment Rises
Jobless Claims Drop While Total Unemployment Rises
July 10, 2025  |  Economy

The number of Americans filing for unemployment last week dropped, even as the number who are unemployed rose to the highest level since November 2021....

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Microsoft Lays Off Staff as Savings From AI Top $500 Million
Microsoft Lays Off Staff as Savings From AI Top $500 Million
July 09, 2025  |  artificial intelligence

Microsoft is ramping up internal use of artificial intelligence (AI) tools to cut costs and increase productivity, even as the company trims thousands of jobs...

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TikTok Shop US Division Sees Another Round of Layoffs
TikTok Shop US Division Sees Another Round of Layoffs
July 02, 2025  |  Social Commerce

TikTok has reportedly made the third round of layoffs in three months at its U.S. eCommerce division, TikTok Shop. Get the Full Story Complete the...

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Microsoft Cuts Nearly 9K Jobs in 2025’s 4th Round of Layoffs
Microsoft Cuts Nearly 9K Jobs in 2025’s 4th Round of Layoffs
July 02, 2025  |  Personnel

Microsoft is cutting nearly 9,000 jobs, the latest in a string of recent layoffs. Get the Full Story Complete the form to unlock this article and...

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Job Cuts Coming at More Than 170 US Companies in June
Job Cuts Coming at More Than 170 US Companies in June
June 15, 2025  |  Economy

American companies are reportedly resorting to job cuts amid tariff-related uncertainty. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Report: SBA Staffing Cuts Reduce Service to Entrepreneurs
Report: SBA Staffing Cuts Reduce Service to Entrepreneurs
May 23, 2025  |  SMBs

Staffing cuts and tighter underwriting standards have reportedly made it more difficult for entrepreneurs to get help from the Small Business Administration (SBA). Get the...

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Walmart Eliminating Roles on Technology and eCommerce Fulfillment Teams
Walmart Eliminating Roles on Technology and eCommerce Fulfillment Teams
May 21, 2025  |  Walmart

Walmart plans to cut 1,500 corporate jobs in its technology, eCommerce fulfillment and advertising operations, The Wall Street Journal reported Thursday (May 21), citing unnamed...

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Federal Reserve to Cut Staff 10% Over ‘Couple of Years’
Federal Reserve to Cut Staff 10% Over ‘Couple of Years’
May 16, 2025  |  Personnel

The Federal Reserve plans to cut its workforce by about 10% “over the next couple of years” amid a periodic review of its staffing levels, Federal...

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Microsoft to Cut 3% of Workforce While Reducing Management Layers
Microsoft to Cut 3% of Workforce While Reducing Management Layers
May 13, 2025  |  Personnel

Microsoft is reportedly laying off 3% of its workforce, or about 6,000 employees, to reduce the number of management layers. Get the Full Story Complete...

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