Tag #Layoffs

Showing 25 to 36 of 217 results

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AI-Driven Job Losses Rise in Tech Industry

Generative AI is causing job losses, particularly among entry-level developers, with tech CEOs acknowledging AI-driven workforce reductions and companies like IBM replacing hundreds of employees with AI; however, some sectors are experiencing increased engineering demand due to AI adoption.

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44% Bias Score

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theglobeandmail.com
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Supreme Court Allows Trump Administration to Proceed with Education Department Layoffs

The Supreme Court sided with the Trump administration, allowing the termination of nearly 1,400 Education Department employees, despite lower court injunctions and concerns about the department's ability to function.

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36% Bias Score

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forbes.com
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Corporate Layoffs: Short-Term Gains, Long-Term Pain

Major corporations are conducting widespread layoffs to boost efficiency, but this approach carries significant risks, including loss of institutional knowledge, decreased employee morale, and potential damage to the company's reputation.

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56% Bias Score

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arabic.cnn.com
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State Department Lays Off 1,353 Employees in Restructuring

On May 29, 2024, the US State Department laid off 1,353 employees—1,107 civil service and 246 foreign service—as part of a restructuring aimed at streamlining operations and prioritizing diplomatic goals, a move criticized for potentially weakening US diplomacy.

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bbc.com
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1,353 State Department Employees Laid Off in Trump Administration's Workforce Reduction

Over 1,353 US State Department employees were involuntarily laid off, following 1,500 voluntary departures, as part of the Trump administration's plan to reduce the federal workforce, impacting refugee resettlement and Afghan relocation efforts, despite criticism of undermining national security.

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56% Bias Score

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forbes.com
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U.S. Job Security: Data Challenges Common Narrative of Decline

Contrary to popular belief, U.S. job security has not deteriorated significantly; data show stable average job tenure and a decline in layoff risk since the 1950s, despite some individual variations, creating a recruitment advantage for businesses.

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us.cnn.com
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Supreme Court Allows Trump's Education Department Layoffs

The Supreme Court sided with President Trump, allowing the Department of Education to proceed with mass layoffs, reversing lower court decisions that blocked the plan; approximately 1,400 employees received termination notices, effective August 1st.

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foxnews.com
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Supreme Court Backs Education Department Layoffs, Advancing Trump's Restructuring Plan

The Supreme Court ruled 6-3 in favor of the Education Department, allowing the dismissal of hundreds of employees, temporarily halting a lower court order and advancing President Trump's plan to restructure the department.

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52% Bias Score

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dw.com
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US State Department Initiates Mass Layoffs Amidst "America First" Restructuring

Over 1350 US State Department employees, including 1107 administrative staff and 246 diplomats, will be laid off on July 11th as part of a broader restructuring plan aimed at optimizing internal processes and focusing on diplomatic priorities; the move has faced criticism for potentially weakening U...

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themarker.com
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Nvidia's \$4 Trillion Valuation Fuels Israeli Expansion as Intel Faces Setbacks

Nvidia, valued at over \$4 trillion, is seeking a 120-dunam campus in Israel, potentially in the north, aiming for government incentives, while Intel faces layoffs and uncertainty about a new factory, highlighting the volatility of the tech sector.

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44% Bias Score

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arabic.cnn.com
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State Department to Lay Off Hundreds Amidst Restructuring

The U.S. State Department will soon begin laying off up to 1,873 domestic employees as part of Secretary Rubio's restructuring plan, following a Supreme Court decision, despite concerns about weakening U.S. diplomacy during critical global conflicts.

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40% Bias Score

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cbsnews.com
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VA Cancels Plans for Mass Layoffs, Will Reduce Staff by 30,000

The Department of Veterans Affairs (VA) announced it will not conduct mass layoffs, instead reducing its staff by roughly 30,000 employees by September, primarily through attrition, a hiring freeze, and deferred resignations, after previously considering cutting 80,000 jobs.

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40% Bias Score

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Showing 25 to 36 of 217 results