layoffs

layoffs Articles

U.S. stocks hit all-time highs again, Wells Fargo plans massive layoffs, Tesla loses another top executive, and other important business headlines.
July looks like it will be another extraordinary month for job growth. Job cuts in July fell to their lowest level in 20 months.
Nike to raise the compensation of many employees, newsroom staff of The New York Daily News cut by half, Russian hackers may have hit the U.S. electric grid, and other important business headlines.
Some of the most significant tariffs go into effect today. Based on comments by leaders of industries threatened most financially, the layoffs will start right away.
Layoffs by large private employers in June remained relatively low. However, they are rising, and tariffs could accelerate the trend.
GM's argument for job losses due to tariffs is strong, but not nearly strong enough.
The IMF will give Argentina $50 billion in aid, a major round of layoffs is coming to McDonald's, Monsanto is no more, and other important headlines.
Revenue at several publicly traded newspaper publishers has fallen about 10% year over year. That drop shows no sign of arresting, and the pessimism about recovery is spreading.
Layoffs were moderate nationwide in May, according to Challenger, Gray & Christmas, which is known for tracking the trend.
The news that Deutsche Bank would fire 7,000 people is a day old, but it is worth considering why the people lost their jobs.
Comcast likely to challenge Disney's bid for some of the assets of 21st Century Fox, Uber kills its U.S. self-driving car business, and other important headlines.
Although there has been no official announcement, IBM continues to lay off employees, many of whom have been with Big Blue for 10 years or more.
There is no question the health of the newspaper industry has gotten much worse over the past 20 years as online news has crippled what has been, until recently, a print business.
Newsprint prices may cripple already challenged newspaper company bottom lines. As more papers fold or are forced to cut editorial staff, the industry cannot handle another major financial headwind.
Thousands or more U.S.-based car manufacturing jobs are at stake over the next few months and the largest manufacturers may stop production of their weakest selling cars completely.