Tag #Layoffs

Showing 1 to 12 of 173 results

cbsnews.com
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Unemployment Claims Surge to Eight-Month High, Signaling Potential Labor Market Slowdown

Initial U.S. unemployment claims reached a eight-month high of 247,000 for the week ending May 31, exceeding expectations and indicating a potential labor market slowdown amid tariff concerns and large-scale layoffs at major companies, including over 280,000 federal job cuts this year.

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48% Bias Score

Decent Work and Economic Growth
nbcnews.com
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US Job Openings Rise Unexpectedly in April Despite Layoff Increase

The Bureau of Labor Statistics reported nearly 7.4 million job openings in April, exceeding expectations despite rising layoffs and softening sentiment, suggesting a relatively steady labor market.

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36% Bias Score

Decent Work and Economic Growth
taz.de
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Chiquita to Lay Off Remaining 1,600 Panamanian Workers After Strike

Chiquita, facing a month-long strike over pension reforms in Panama, will lay off its remaining 1,600 employees after already dismissing 4,900 in May due to the work stoppage, which caused $75 million in losses and disrupted Bocas del Toro province.

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48% Bias Score

Decent Work and Economic Growth
bbc.com
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Volvo Cuts 3,000 Jobs Amidst Industry Restructuring

Volvo Cars, facing industry challenges, will cut around 3,000 jobs, mainly in Sweden, as part of an 18 billion Swedish kronor restructuring plan following an 11% sales drop in April.

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44% Bias Score

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forbes.com
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Stricter SBA Loan Rules Hinder Aspiring Entrepreneurs

The Small Business Administration implemented stricter loan regulations effective June 1st, requiring 100% American ownership, impacting entrepreneurs seeking funding to leave corporate jobs, amid broader economic uncertainty and hiring freezes.

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48% Bias Score

Decent Work and Economic Growth
cbsnews.com
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HHS Restructuring Hearings to Examine Widespread Layoffs

Senate Democrats will hold hearings next week on the Department of Health and Human Services (HHS) restructuring that involved widespread terminations impacting key health programs, following Secretary Robert F. Kennedy Jr.'s order to reduce staff by nearly 25% after a court-paused initial round of ...

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52% Bias Score

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cbsnews.com
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P&G to Cut 7,000 Jobs Amidst Sales Decline

Procter & Gamble announced 7,000 job cuts (15% of its non-manufacturing workforce) over two years due to declining sales ($19.8 billion in Q3, down 2% year-over-year) and a challenging business environment; the company also plans portfolio changes, including possible brand divestitures.

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32% Bias Score

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dailymail.co.uk
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Disney Announces Hundreds of Layoffs Amidst Cost-Cutting Drive

On Monday, Disney laid off hundreds of employees across various film and television departments as part of a larger cost-cutting initiative aiming for $7.5 billion in reductions and 7,000 job eliminations, despite reporting better-than-expected second-quarter earnings.

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36% Bias Score

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forbes.com
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Musk's Cost-Cutting Mirrors GE's Downfall: Short-Term Gains, Long-Term Pain

Elon Musk's "Department of Government Efficiency" aimed for $2 trillion in savings but achieved only $160 billion in 130 days, mirroring Jack Welch's cost-cutting strategy at GE, which ultimately led to the company's decline; this approach ignores complex organizational dynamics and may have long-te...

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forbes.com
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Side Hustles: No Longer a Luxury, but Career Insurance in 2025

Amidst rising layoffs in 2025 (1200+ companies, tens of thousands of jobs lost), business leaders strongly advise all professionals to pursue side hustles not merely for supplemental income, but as essential career insurance in an increasingly unstable job market.

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60% Bias Score

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elmundo.es
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2,062 Meta Content Moderators Laid Off in Barcelona

Meta subcontractor Telus laid off 2,062 content moderators in Barcelona, offering a severance package averaging €8,600; 90% of the employees, 76% of whom voted, accepted the terms, highlighting the fluidity of Spain's job market.

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56% Bias Score

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forbes.com
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Career Gaps Rise Amidst Layoffs and Gig Economy Growth

Analysis of 27 million resumes reveals that over 50% of workers experienced career gaps of at least one month between 2020 and 2025, due to increased layoffs and the rise of the gig economy, impacting job seekers and highlighting the need for adaptable career strategies.

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40% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 173 results