Massive Layoffs At Major New Jersey Corporations a Bad Look for Governor Murphy, Economy Touting Dems
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 major employers in the state. The layoffs,…
China’s Tencent starts new round of layoffs -sources
By David Kirton and Josh Ye SHENZHEN, China/HONG KONG (Reuters) -Chinese tech giant Tencent Holdings has begun a new round of job cuts targeted at its video streaming, gaming and cloud businesses,…
Disney Set For Layoffs After Billion Dollar Earnings Miss
Disney Set For Layoffs After Billion Dollar Earnings Miss John Hugh DeMastri on November 11, 2022 CEO Bob Chapek of Disney told executives that layoffs at the entertainment giant were likely, just…
Mark Zuckerberg Takes The Blame For Historic Meta Layoffs: REPORT
Mark Zuckerberg Takes The Blame For Historic Meta Layoffs: REPORT John Hugh DeMastri on November 8, 2022 Meta CEO Mark Zuckerberg told company executives that layoffs would begin Wednesday morning, laying the…
Elon Musk’s Twitter Begins Mass Layoffs: ‘Incredibly Challenging’
Elon Musk’s Twitter Begins Mass Layoffs: ‘Incredibly Challenging’ John Hugh DeMastri on November 4, 2022 Twitter began laying staff off Friday, with up to half its workforce expected to be fired in…
Twitter sued for mass layoffs – Bloomberg News
(Reuters) – Twitter was sued over Elon Musk’s plan to lay off about half of its workforce, Bloomberg News reported on Friday, citing a class-action lawsuit filed in a San Francisco federal…
Musk To Begin Twitter Layoffs Friday: REPORT
Musk To Begin Twitter Layoffs Friday: REPORT John Hugh DeMastri on November 3, 2022 Twitter will announce significant layoffs Friday, just eight days after the social media giant was acquired by Elon…
Chaos, confusion reign ahead of Twitter layoffs
By Sheila Dang and Katie Paul (Reuters) – Fear and dread spread across Twitter Inc offices on Thursday as 7,500 employees from San Francisco to Singapore feared for job cuts that were…
Musk Orders Layoffs Ahead Of ‘Significant’ Payout For Twitter Employees: REPORT
Musk Orders Layoffs Ahead Of ‘Significant’ Payout For Twitter Employees: REPORT John Hugh DeMastri on October 29, 2022 Just two days after taking control of Twitter, owner and CEO Elon Musk is…
Twitter tells employees there are no plans for layoffs
(Reuters) -Twitter Inc on Thursday clarified to staff that there are no plans for company-wide layoffs since it signed a deal to be acquired by billionaire Elon Musk, after a media outlet…
Expect Layoffs And A Recession If Fed Doesn’t Let Up, Bank of America Exec Warns
Expect Layoffs And A Recession If Fed Doesn’t Let Up, Bank of America Exec Warns John Hugh DeMastri on October 11, 2022 If the U.S. Federal Reserve continues its policy of…
Almost All CEOs Are Preparing For A Recession, More Than Half Are Considering Layoffs
Almost All CEOs Are Preparing For A Recession, More Than Half Are Considering Layoffs John Hugh DeMastri on October 5, 2022 Over 90% of CEOs at large American companies believe that…
Almost All CEOs Are Preparing For A Recession, More Than Half Are Considering Layoffs
Almost All CEOs Are Preparing For A Recession, More Than Half Are Considering Layoffs John Hugh DeMastri on October 5, 2022 Over 90% of CEOs at large American companies believe that…
‘Market Crash’: Robinhood Announces More Layoffs As Crypto Trading Tanks
‘Market Crash’: Robinhood Announces More Layoffs As Crypto Trading Tanks John Hugh DeMastri on August 2, 2022 Robinhood, a major player in the retail investing market, will be laying off 23% of…
Weber replaces CEO, warns of layoffs as inflation bites into business
(Reuters) – Weber Inc on Monday replaced top boss Chris Scherzinger with an insider and warned that mounting inflationary and supply chain pressures could hit the grill maker’s financials and workforce, sending…
Stellantis plans layoffs at Sterling Heights stamping plant in U.S.
(Reuters) – Automaker Stellantis NV said on Tuesday it will begin an indefinite layoff starting next week at its Sterling Heights stamping plant in Michigan. The world’s fourth largest carmaker did not…
Netflix Just Announced Massive Layoffs As Subscribers Bail
Netflix Just Announced Massive Layoffs As Subscribers Bail Bryan Babb on May 18, 2022 Netflix is set to lay off approximately 150 employees in an attempt to curb costs following slow revenue…
Mandate layoffs, high rate of omicron leads New Jersey to request federal medical ‘strike forces’ to staff hospitals and health facilities
With hospitals and long-term care facilities experiencing staff shortages across New Jersey, New Jersey Department of Health Commissioner Judith Persichilli said she is requesting federal strike force teams to assist. Medical facilities…
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