Tag #Layoffs

Showing 169 to 180 of 217 results

abcnews.go.com
๐ŸŒ 75% Global Worthiness
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U.S. Jobless Claims Rise, But Labor Market Remains Strong

Initial jobless claims in the U.S. rose to 219,000 for the week ending February 1, exceeding projections, yet the broader labor market remains strong with low unemployment (4.1% in December 2024), despite recent layoff announcements from several major companies.

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
๐ŸŒ 75% Global Worthiness
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Walmart and Costco Raise Retail Worker Pay Significantly

Walmart increased store manager salaries to $620,000 yearly, and Costco raised non-union hourly worker pay to $30, exceeding the national average of $16, amid broader economic uncertainty and layoffs.

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36% Bias Score

Decent Work and Economic Growth
edition.cnn.com
๐ŸŒ 85% Global Worthiness
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Musk's Twitter Playbook Applied to US Federal Government

Elon Musk, now a White House advisor, implemented a similar ultimatum to both Twitter and federal employees, demanding "exceptional performance" or termination, mirroring his Twitter takeover strategy and raising concerns about the potential consequences for government services.

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52% Bias Score

Reduced Inequality
dailymail.co.uk
๐ŸŒ 75% Global Worthiness
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Tesco Cuts 400 Jobs Amidst UK Retail Sector Downturn

Tesco will cut 400 jobs and close its Snodland Distribution Centre to improve efficiency amid increased competition, despite record Christmas sales; this follows similar job cuts at Sainsbury's (3,000) and Morrisons (200) due to rising costs from the recent budget and a challenging economic environm...

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40% Bias Score

Decent Work and Economic Growth
forbes.com
๐ŸŒ 85% Global Worthiness
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2025 Job Market Trends: Remote Work Decline, Experience Over Education

The 2025 job market shows a decline in remote work, cover letters, and the importance of formal education in tech, while emphasizing hands-on experience, networking, and hybrid work models.

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36% Bias Score

Decent Work and Economic Growth
us.cnn.com
๐ŸŒ 75% Global Worthiness
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CNN Announces 200 Layoffs, New Streaming Service in Restructuring

CNN announced Thursday that it is laying off around 6% of its workforce, or approximately 200 employees, as it overhauls its programming and invests $70 million in a new streaming service and digital strategy to address declining viewership and revenue.

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40% Bias Score

Decent Work and Economic Growth
abcnews.go.com
๐ŸŒ 85% Global Worthiness
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Workday Cuts 8.5% of Workforce to Fund AI Investments

Workday, a California-based human resources software company, announced 1,750 job cuts (8.5% of its workforce) on Wednesday, incurring $230-$270 million in charges, to invest in AI and restructure for growth; despite the cuts, the company reported strong Q3 earnings and plans to continue hiring in s...

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40% Bias Score

Decent Work and Economic Growth
edition.cnn.com
๐ŸŒ 85% Global Worthiness
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EPA Issues Mass Termination Notices to Probationary Employees

The Environmental Protection Agency (EPA) notified over 1,100 probationary employees of immediate termination this week, citing 5 CFR ยง 315.804, mirroring a similar approach used by Elon Musk at Twitter and following a 'deferred resignation' offer from the Office of Personnel Management (OPM).

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56% Bias Score

Decent Work and Economic Growth
theguardian.com
๐ŸŒ 85% Global Worthiness
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Meta's Q4 Earnings: Increased AI Investment Amidst Layoffs and Fact-Checker Controversy

Meta will report Q4 2024 earnings on Wednesday, revealing a planned increase in AI infrastructure spending to $60-65 billion in 2025, while also announcing a 5% workforce reduction and the elimination of its third-party fact-checking program.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
๐ŸŒ 85% Global Worthiness
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Record S&P 500 High Amidst AI Investment Uncertainty and Media Layoffs

The S&P 500 hit a record high Wednesday, but Elon Musk questioned a new $500 billion AI investment plan announced by President Trump, while CNN and NBC News plan layoffs and Electronic Arts lowered its guidance.

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60% Bias Score

Reduced Inequality
edition.cnn.com
๐ŸŒ 75% Global Worthiness
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CNN Announces Layoffs and Restructuring Amidst Shifting News Consumption

CNN announced Thursday it is laying off approximately 200 employees (6% of its workforce) as part of a $70 million investment in a new streaming service, a redesigned website, and a new weekday lineup, which launches in March, all in response to shifting audience consumption habits.

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32% Bias Score

Decent Work and Economic Growth
lefigaro.fr
๐ŸŒ 65% Global Worthiness
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Maisons du Monde Announces 91 Job Cuts Amidst Declining Sales

French furniture retailer Maisons du Monde announced 91 job cuts at its Paris and Nantes headquarters, primarily targeting voluntary departures, to address declining sales and implement its "Inspire everyday" cost-reduction plan, aiming to regain growth by 2025-2026.

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 169 to 180 of 217 results