WASHINGTON, D.C. — Transportation Secretary Sean Duffy criticized his predecessor, Pete Buttigieg, accusing him of failing to address the nation’s air traffic controller shortage and … Read more
TRENTON, N.J. — Thousands of jobs across New Jersey are set to be eliminated, according to Worker Adjustment and Retraining Notification (WARN) notices filed by … Read more
Multiple corporations across New Jersey have announced significant layoffs, impacting a broad range of industries and numerous employees throughout the state. Below is a summary … Read more
Electric vehicle (EV) manufacturer Rivian announced its second round of layoffs just this year on Wednesday as consumer demand for EVs stalls. The layoffs at … Read more
By Amina Niasse NEW YORK (Reuters) – U.S. layoff announcements rose 7% in March to the highest since January 2023, led by technology and government-sector … Read more
By Dawn Chmielewski and Jaspreet Singh (Reuters) -Paramount Global CEO Bob Bakish said on Thursday that the media company will conduct an unspecified number of … Read more
(Reuters) – Paramount Global CEO Bob Bakish has announced layoffs at the media firm, as it needs to “operate as a leaner company and spend … Read more
By Aditya Soni and Chavi Mehta (Reuters) – Big Tech’s “Year of Efficiency” may be over but recent layoffs at Google and Amazon have signaled … Read more
MILAN (Reuters) – Carmaker Stellantis will temporarily lay-off about 2,250 workers at its Mirafiori plant in the Italian city of Turin in the coming weeks … Read more
(Reuters) – U.S. employers increased their announced job cuts in November, led by the retail and technology sectors, in a further sign that the labor … Read more
NEW YORK, NY – Another symbol of the progressive agenda that was forced upon America is showing signs of failure, joining wind energy and electric … Read more
(Reuters) – General Motors will cancel 1,245 layoffs at its factories in Sao Jose dos Campos, Sao Caetano do Sul and Mogi das Cruzes in … Read more
SAO PAULO (Reuters) – Metalworkers at Brazilian plants of General Motors have voted to go on strike starting Monday in protest against layoffs carried out … Read more
By Manya Saini and Niket Nishant (Reuters) -Top U.S. banks could cut jobs further to keep their expenses in check, especially if lingering economic weakness … Read more
By Amina Niasse NEW YORK (Reuters) – U.S. employers dialed back their planned job cuts in September, especially in the warehousing sector, but workforce reduction … Read more
(Reuters) -Cloud-based software firm Salesforce Inc is hiring 3,300 people across various departments after cutting 10% jobs in January this year, Bloomberg News reported on … Read more
By Nupur Anand NEW YORK (Reuters) – Wells Fargo could see its headcount decline further as it aims to improve efficiency, Chief Financial Officer Mike … Read more
By Daniel Wiessner (Reuters) – A California federal judge has refused to dismiss a lawsuit accusing X, the social media service formerly called Twitter, of … Read more
TOMS RIVER, NJ – CVS, the popular pharmacy chain with many locations at the Jersey Shore is making some employee staff reductions this fall. As … Read more
FREEHOLD, NJ – On November 17, the Nestle plant in Freehold will officially shut down and the 218 remaining employees will be without a job, … Read more
By Joey Roulette WASHINGTON (Reuters) – U.S. space startups have slashed workforces and restructured operations to survive amid an investment drought that has grounded once-lofty … Read more
Top Chip Manufacturer Announces Layoffs Despite Biden Admin Subsidies To The Industry Will Kessler on August 3, 2023 Top semiconductor manufacturer Qualcomm announced a new … Read more
ZURICH (Reuters) – Switzerland’s financial capital is bracing itself for the biggest wave of job losses in over a decade following Credit Suisse’s collapse earlier … Read more
By Safiyah Riddle (Reuters) – American employers announced fewer layoffs in July than the year before, marking the first year-over-year decrease in more than a … Read more
By Daniel Wiessner (Reuters) – Twitter Inc on Tuesday was hit with the second lawsuit this month to claim that it owes at least $500 … Read more
Ford Plans More Mass Layoffs After Getting Multibillion Dollar Loan From Biden: REPORT John Hugh DeMastri on June 27, 2023 Ford Motor Co. is set … Read more
(Reuters) – KPMG is laying off 5% of its U.S. employees after feeling the pinch of “economic headwinds, coupled with historically low attrition,” a spokesperson … Read more
By Anirudh Saligrama (Reuters) – BlackRock has announced layoffs that would impact less than 1% of its workforce as a result of budget reallocations to … Read more
By Krystal Hu SAN FRANCISCO (Reuters) – SoftBank Group Corp is planning a fresh round of layoffs at its Vision Fund investment arm, two people … Read more
(Reuters) – Verizon Communications Inc held a meeting with customer service employees to notify them of upcoming “restructuring” and “streamlining” measures that are all but … Read more
Layoffs, Higher Prices And Fewer Choices Could Be Consequences Of Biden’s New Policy, Experts Warn John Hugh DeMastri on April 12, 2023 Economists and industry … Read more
By Daniel Wiessner (Reuters) – Twitter Inc faced a lawsuit on Tuesday accusing the social media giant of illegally laying off contract workers without notice … Read more
MILAN (Reuters) – Italian metalworkers unions said on Wednesday they had reached an agreement with Stellantis for up to 120 layoffs through voluntary redundancies at … Read more
By Dawn Chmielewski LOS ANGELES (Reuters) -Walt Disney Co on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs and … Read more
Tech Giants Unveil Even More Layoffs As Bloated Sector Struggles Jason Cohen on March 7, 2023 Big tech companies Meta, Atlassian, Sirius XM, and Microsoft … Read more
By Josh Ye HONG KONG (Reuters) – Pico, a virtual reality (VR) headset manufacturer owned by TikTok’s Chinese developer ByteDance, said on Friday it was … Read more
‘We’ve Lost Key Battles’: Big Tech Companies Quietly Reduce Censorship Teams Following Legal Battles, Layoffs Katelynn Richardson on February 14, 2023 Big Tech companies have quietly … Read more
By Maiya Keidan TORONTO (Reuters) – Some of Canada’s top investment banks plan to maintain staffing levels to meet client expectations for the same level … Read more
Microsoft Posts Worst Earnings In Years After Major Layoffs Lorenzo Prieto on January 24, 2023 Microsoft experienced its slowest quarter of growth in the last … Read more
Tech Layoffs Just Keep Coming As Spotify Makes A Giant Cut To Workforce John Hugh DeMastri on January 23, 2023 Audio streaming platform Spotify is … Read more
(Reuters) – Twitter Inc plans to lay off 50 workers in the social media site’s product division in the coming weeks, news site Insider reported … Read more
By Jeffrey Dastin and Yuvraj Malik DAVOS, Switzerland (Reuters) – Microsoft Corp on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion … Read more
BlackRock, World’s Largest Asset Manager And Woke Investor, Set For Major Layoffs: REPORT John Hugh DeMastri on January 11, 2023 BlackRock, the world’s largest asset … Read more
By Hannah Lang (Reuters) – The crypto industry’s woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, … Read more
By Doyinsola Oladipo NEW YORK (Reuters) – 2023 is shaping up as a challenging year to be a woman or minority working in the tech … Read more
Sales Software Firm Becomes Latest Tech Titan To Issue Layoffs John Hugh DeMastri on January 4, 2023 Salesforce, the owner of popular business communication app … Read more
By Fanny Potkin and Paresh Dave (Reuters) – Twitter Inc’s public policy chief has left the company amid additional layoffs to the unit on Thursday, … Read more
TRENTON, NJ – Running a business in New Jersey is hard, but during hard times, such as forced government closures as a result of future … Read more
Elon Musk Targeted Women In Mass Twitter Layoffs, Class Action Lawsuit Alleges John Hugh DeMastri on December 8, 2022 UPDATE: This story has been updated … Read more
By Daniel Wiessner (Reuters) – Twitter Inc has been hit with another lawsuit stemming from the recent purging of half its workforce, this one accusing … Read more