Layoffs

Report: Meta and Microsoft Plan Layoffs
Report: Meta and Microsoft Plan Layoffs
January 14, 2025  |  Big Tech

Tech giants Meta and Microsoft are reportedly cutting back on their headcount. Get the Full Story Complete the form to unlock this article and enjoy...

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ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’
ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’
January 08, 2025  |  Economy

America’s employment picture ended the year on a down note, ADP’s latest findings show. Get the Full Story Complete the form to unlock this article...

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As Hiring Stalls, Will Consumers Pull Back on Spending?
As Hiring Stalls, Will Consumers Pull Back on Spending?
January 07, 2025  |  Economy

Job openings were up in November, but so were layoffs, and the pace of quitting fell too … all of which, for November’s government data,...

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Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending
Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending
December 03, 2024  |  Economy

Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely...

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HSBC Makes Managers Vie for Jobs Amid CEO Streamlining
HSBC Makes Managers Vie for Jobs Amid CEO Streamlining
November 18, 2024  |  Banking

HSBC reportedly wants hundreds of managers to reapply for jobs at the bank’s new division. Get the Full Story Complete the form to unlock this article...

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Jobless Claims Drop as Impact of Hurricanes and Strike Fades
Jobless Claims Drop as Impact of Hurricanes and Strike Fades
November 14, 2024  |  Economy

Jobless claims dropped last week after spiking in October due to Hurricanes Helene and Milton and a strike at Boeing. Get the Full Story Complete the form...

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Booking.com Parent Eyes Job Cuts Amid Larger Reorg Plan
Booking.com Parent Eyes Job Cuts Amid Larger Reorg Plan
November 10, 2024  |  Travel Payments

Booking.com is conducting a companywide review that could lead to job cuts. Get the Full Story Complete the form to unlock this article and enjoy...

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Visa to Lay Off 1,400 as It Streamlines International Business
Visa to Lay Off 1,400 as It Streamlines International Business
October 29, 2024  |  VISA

Visa will reportedly lay off 1,400 employees and contractors, including about 1,000 in technology positions, by the end of the year. Get the Full Story...

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Insured Unemployment Reaches Highest Level in 3 Years
Insured Unemployment Reaches Highest Level in 3 Years
October 24, 2024  |  Economy

The number of initial claims for unemployment insurance dropped, but insured unemployment reached its highest level in about three years, the Department of Labor said...

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