Britain plans to boost nuclear workforce
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 industry are…
Tech Layoffs Just Keep Coming As Spotify Makes A Giant Cut To Workforce
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 laying off 6% of its staff, becoming…
TuSimple to lay off 25% of workforce
(Reuters) -TuSimple Holdings Inc said on Wednesday it will lay off 25% of its workforce, or nearly 350 employees, as the self-driving truck company seeks to chart a course out of the…
Goldman Sachs Will Slash Workforce, Cut Back On Bonuses For Underperformers: REPORT
Goldman Sachs Will Slash Workforce, Cut Back On Bonuses For Underperformers: REPORT John Hugh DeMastri on December 16, 2022 Goldman Sachs is planning to cut thousands of employees and potentially eliminate bonuses…
TuSimple plans to layoff half its workforce next week – WSJ
(Reuters) – Self driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week, WSJ reported. The job cut would likely affect at least 700 employees, the…
Blue Apron to cut 10% of corporate workforce
(Reuters) – Meal kit company Blue Apron Holdings Inc said on Thursday it would cut about 10% of its corporate workforce as it looks to reduce costs and streamline operations. The company…
BuzzFeed to cut workforce by 12%
(Reuters) -BuzzFeed Inc will cut about 12% of its workforce to rein in costs, the online media company said on Tuesday, as it joins a growing number of U.S. firms that have…
Illumina cuts 5% of its workforce
(Reuters) – Illumina Inc said on Monday it was cutting 5% of its global workforce to realign its operating expenses as stubborn inflation and a strong dollar weigh on the genetic sequencing…
Amazon.com to freeze hiring in corporate workforce
(Reuters) – Amazon.com Inc will freeze hiring in its corporate workforce as the e-commerce giant deals with an “unusual macro-economic environment”, a company executive said on Thursday. “We anticipate keeping this pause…
Digital payments firm Stripe to lay off 14% of workforce
(Reuters) – Stripe Inc, the digital payments giant which was valued at $95 billion in its last funding round, is cutting its headcount by about 14% as startups trying to navigate a…
Brazil’s Eletrobras offers buyout to cut over 2,300 jobs, a fifth of workforce
SAO PAULO (Reuters) – Brazil’s electricity company Eletrobras offered on Friday a voluntary buyout to well over 2,000 people representing roughly 22% of its workforce, in a first major cost cutting move…
Mental health startup Cerebral to cut about 20% of workforce
(Reuters) – Telehealth startup Cerebral Inc is cutting its workforce by 20%, a company spokesperson said on Monday. The Wall Street Journal reported earlier that the company, which provides mental health services…
Restaurant Management Co. of Wichita Inc. Selects Branch to Power Cashless Tips, Faster Pay, and Fee-Free Financial Services to Workforce
Pizza Hut Franchisee Saves Administrative Time, Offers New Financial Wellness Benefits Minneapolis, MN (-) Restaurant Management Company of Wichita Inc. (RMC), one of the largest Pizza Hut franchisees in the nation, has…
Novartis to cut its Irish workforce by up to 25%
DUBLIN (Reuters) – Novartis said on Thursday that it would cut up to 400 jobs in Ireland, or about a quarter of its workforce there, as part of a previously announced restructuring…
Full Course Targets Employee Development To Prepare Restaurant Workforce for Advancement and Leadership Roles
Lissa Bowen Chief Employment and Culture Officer Shares Seven Steps to Create a Leadership Program Atlanta, GA (PRESS RELEASE) Lissa Bowen, Chief People and Culture Officer of Full Course, sees a great…
Shawarma Press Applauds Workforce for Dedication and Excellence on National Food Service Employee Day
Shawarma Press co-founders Sawsan Abublan (far right) and Dr. Ehap Sabri (back row, white shirt) are shown celebrating the five-year anniversary of their rapidly expanding quick-service Mediterranean franchise with enthusiastic employees. Successful…
Vice President Harris pushes to broaden U.S. space industry workforce
(Reuters) – U.S. Vice President Kamala Harris on Friday announced a new coalition of companies involved in the space industry, aimed at increasing job opportunities in the sector, notably for people from…
Citigroup makes small cuts in mortgage workforce as housing market cools
(Reuters) – Citigroup Inc on Friday said it has slightly trimmed its mortgage workforce, due to an internal streamlining of functions. Less than 100 positions were affected, according to Bloomberg News, which…
Tesla to cut salaried workforce by 10% over next 3 months, says Musk
DUBAI – Electric carmaker Tesla will reduce its salaried workforce by roughly 10% over the next three months, Chief Executive Elon Musk said on Tuesday. The cuts would amount to about a…
Stitch Fix to cut workforce by 15% of salaried roles
(Reuters) -Stitch Fix Inc said on Thursday it is reducing its workforce by around 15% of salaried positions, as the online personalized styling service firm aims to return to profitability. Decades-high inflation…
MagnifyMoney Study Finds Retired Americans Returning to Workforce Amid Rising Wages and Inflation
In New Jersey, the proportion of Americans 65 and up working has risen by almost 19 percentage points. CHARLOTTE, N.C., June 8, 2022 — After a tumultuous two years of the job…
Graying of Canada’s workforce threatens to worsen labor crunch
By Anna Mehler Paperny TORONTO – Canadians nearing retirement outnumbered those entering the workforce by a record margin in 2021, census data released on Wednesday showed, raising fears the country’s labor shortage…
Robinhood to cut its workforce by 9%
(Reuters) – Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 9% of its full-time employees, sending its shares down 5% in extended trade. The company, which…
Massive Number Of Americans Leave Retirement To Rejoin Workforce
Massive Number Of Americans Leave Retirement To Rejoin Workforce Harry Wilmerding on March 30, 2022 A massive number of retired Americans have reentered the workforce amid high employee demand, increased work flexibility…
EXCLUSIVE: Child Tax Credit Is Driving Americans Toward Entrepreneurship, Has Little Effect On Workforce
A new study suggests that the child tax credit (CTC) is not reducing overall employment nationwide but is driving some low and middle-income parents away from their private sector jobs and toward…
Biden Promises To Help Get Jobs For Women ‘Locked Out Of The Workforce’ By Caring For Children, Elderly
President Joe Biden promised to get women back to work through the Build Back Better Act, which he says makes caregiving more accessible and more affordable. “Nearly 2 million women in our…
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