WASHINGTON, D.C. — President Donald Trump has signed a sweeping executive order aimed at restructuring the federal workforce, eliminating inefficiencies, and expanding the influence of the Department of Government Efficiency…
LONDON (Reuters) – Prime Minister Rishi Sunak will set out plans to boost Britain’s nuclear workforce on Monday, as increased submarine building and the growing needs of the nuclear energy…
(Reuters) -U.S. logistics startup Flexport is planning to lay off about 20% of its workforce in the coming weeks, The Information reported on Friday citing people familiar with the matter.…
By David Lawder CHICAGO (Reuters) – U.S. President Joe Biden’s second-term economic agenda will focus heavily on “tax fairness” that makes wealthy people and corporations pay more, and will likely…
(Reuters) – Amazon.com said on Thursday it is laying off fewer than 5% of employees at its Buy with Prime unit. Launched in 2022, Buy with Prime gives retailers, who…
(Reuters) – Amazon.com is laying off 5% of the workforce at Audible, Business Insider reported on Thursday, citing a memo by the head of the audiobook and podcast division. The…
(Reuters) – Amazon.com’s streaming unit Twitch is set to cut 35% of its staff, or about 500 workers, Bloomberg News reported on Tuesday, citing people familiar with the plans. The…
(Reuters) – Cloud communications platform Twilio Inc said on Monday it will lay off about 5%, or 295, of its total workforce by the first quarter of 2024 to achieve…
(Reuters) – Our Next Energy (ONE) said on Monday it has cut around 25% of its workforce, or 128 employees, as the electric-vehicle battery startup deals with high borrowing costs…
(Reuters) -Virgin Galactic Holdings announced on Wednesday it will be laying off approximately 185 employees, constituting about 18% of its workforce, in a bid to cut costs. Shares of the…
Gregory J. Haanstad, United States Attorney for the Eastern District of Wisconsin, announced that on October 17, 2023, defendants Aziz Hassan Bey, Letez Osiris Bey, Minister Zakar Ali, and Divine-Seven El…
(Reuters) – LendingClub is cutting 172 jobs, or 14% of its workforce, the financial services company said on Thursday, as it looks to reduce costs amid continued macroeconomic uncertainty. The…
By Krystal Hu and Devika Madhusudhanan Nair (Reuters) -U.S. logistics startup Flexport plans to lay off up to 30% of its workforce by the end of the month following a…
Pandemic-Era Graduates Entering The Workforce Have No Idea What They’re Doing Will Kessler on August 2, 2023 Since the COVID-19 pandemic in 2020, new graduates’ industry-specific test scores and certifications…
(Reuters) – CME Group, the world’s largest derivatives exchange, eliminated about 100 positions, or 3% of its workforce, this week while reallocating some positions, a spokesperson said on Friday. “The…
(Reuters) – Circle said on Wednesday it has reduced staff and ended investments in non-core activities as the stablecoin issuer seeks to shore up its balance sheet. The company joins…
‘That’s Not The Whole Story’: Seemingly Rosy Jobs Report Reveals Worrying Workforce Trends, Economists Say Jason Cohen on June 3, 2023 The U.S. economy added significantly more jobs than anticipated…
(Reuters) – Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent…
(Reuters) – Clorox Co on Thursday said it would cut about 200 positions, or 4% of its non-production workforce, as it looks to keep a lid on costs amid worries…
By Greg Bensinger (Reuters) -Opendoor Technologies Inc on Tuesday said it was cutting roughly 560 jobs, or 22% of the workforce at the online U.S. real estate firm, citing a…
Air Force Doubles Down On Diversity Workforce, Would Pay $180K For Top Job Micaela Burrow on March 15, 2023 The Air Force recently opened up several diversity and inclusion managerial…
(Reuters) – Eventbrite Inc said on Tuesday it will eliminate about 8% of the company’s workforce, as the ticketing service provider looks to cut costs amid worries of an economic…
(Reuters) – Data analytics firm Palantir Technologies said on Monday it has cut about 2% of its workforce, joining a raft of U.S. companies that have laid off thousands of…
(Reuters) – Fidelity Investments is planning to increase its headcount by 4,000 in the first half of this year, a spokesperson for the asset manager said in an emailed statement…
(Reuters) – Neiman Marcus Group said on Tuesday it would lay off about 5% of its workforce, or around 500 employees, as the luxury department store chain looks to cut…