Filings for unemployment benefits, a proxy for layoffs, increased by 17,000 last week but stayed relatively low, as the labor market remains strong and many laid-off workers are landing new jobs quickly. Source link Source link
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Tag: Lay-offs/Redundancies
The company said it would slash up to nearly 10% of its workforce. Dell also warned of a worsening decline after a 17% drop in third-quarter laptop and desktop sales. Source link Source link
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Tech New cuts follow mass layoffs and resignations since Elon Musk took over the social-media platform Source link Source link
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The social-media company has said it would add 3,000 engineers and plans to boost head count at its hub in Silicon Valley. Source link Source link
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The planned workforce reductions come as the used-car retailer faces economic headwinds and an uncertain future, its CEO said. Source link Source link
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The German car maker will end production of such vehicles at its joint venture with SAIC Motor in August 2024 due to changes in market demand. Source link Source link
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Tech Ride-hailing and e-commerce company joins global tech giants in cutting payroll Source link Source link
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Tech Chief executive says cuts have been ‘most difficult decision’ he has made Source link Source link
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Tech Company follows up with practical details after billionaire challenges remaining employees to be ‘hardcore’ or leave: ‘This is not a phishing attempt’ Source link Source link
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Filings for U.S. unemployment insurance, a proxy for layoffs, remained near historically low levels amid a still-tight labor market. Source link Source link
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Amazon said it is laying off employees across its corporate ranks, in a rare round of cuts for a tech giant that has mostly seen consistent growth throughout its history. Source link Source link
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Staffers have a Thursday deadline to stay or take a severance package. Source link Source link
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Real Estate Retreat is a blow to office market and to many cities, which have relied on sector’s real estate appetite to power growth Source link Source link
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The layoffs are targeted for corporate employees and could primarily affect Amazon’s devices business, as well as human resources and retail, according to a person familiar with the matter. Source link Source link
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Listen to article (2 minutes) Northwestern University’s Kellogg School of Management is making its own bid for tech talent after mass layoffs at Meta Platforms, Twitter Inc. and other big tech companies. Recently laid-off tech employees can apply to pursue a full-time M.B.A. or other graduate degree next year without submitting standardized test scores, Kellogg […]
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Business Plans include a review of spending at all divisions and follows large losses in its streaming business Source link Source link
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This spring, Google employees in the Bay Area got a private Lizzo concert to herald a return to the office. Now the company is cutting back on social gatherings as well as hiring. Meta Platforms Inc., known for once-lavish perks such as free laundry, began slashing 11,000 jobs this week and said some of its […]
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The vaping company says it will lay off about 400 people after getting a bailout from board members. Source link Source link
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Business United will accelerate increase promised during pandemic; pilots last week rejected contract Source link Source link
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Tech Facebook, Twitter and other firms are slashing jobs, and their leaders’ mea culpas are abundant Source link Source link
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Meta Platforms, Twitter and other tech companies have shown they are economically sensitive, puncturing the myth of ‘permanent acceleration.’ Source link Source link
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U.S. worker filings for unemployment benefits remain low despite some recent corporate layoff and hiring-freeze announcements, particularly in the technology sector. Source link Source link
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Business Earnings Plant-based meat manufacturer says inflation adds to challenges; company has been reducing staff to cut expenses Source link Source link
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Real Estate CEO says Redfin has tied up hundreds of millions of dollars in houses that ‘you yourself wouldn’t want to own’ Source link Source link
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Meta Platforms said it would cut 13% of staff, embarking on the company’s first broad restructuring to cope with a slumping digital-ad market and falling stock price. Source link Source link
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WSJ News Exclusive Tech Layoffs are to begin Wednesday morning, CEO Zuckerberg told hundreds of executives on Tuesday Source link Source link
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