layoffs
layoffs Articles
Months of job increases could be reversed quickly if industries such as retail, travel and consumer goods suffer a drop in demand. The remedy to a fall-off in revenue is usually cost cuts, and often...
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Walmart's new "Great Workplace" plan is expected to trigger job cuts that almost certainly will be in the thousands, another sign that brick-and-mortar retailers continue to struggle.
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Sprint and T-Mobile finally will merge. As happens in all such transitions, some people will lose their jobs.
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Wayfair's excuse for layoffs was that the company wants to drive efficiencies. That is what most faltering retailers say.
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The hundreds of people JPMorgan will fire is a very modest number. But at some point, bank branches will look like chain drug stores and large retailers, where transactions do not require humans.
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3M reported results Tuesday morning and announced a restructuring that will shave 1,500 people from the payroll. But the cash flow forecast for 2020 is probably a bigger drag on the stock price.
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Amid the pullbacks that retailers have experienced in and following this holiday season, there seems to be at least one retailer that made actual progress.
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If a large chain like Tribune Publishing cannot effectively fight the industry's problems, what can the industry expect from everyone else?
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WeWork's CEO will get more than $1 billion in the bailout. But will he give any of that to the thousands of people WeWork will lay off in the next several weeks?
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HP says it will lay off as many as 9,000 workers over the next three years as a means to save $1 billion.
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It may be that the slowing economy and the trade war with China, two interdependent factors, have started to catch up with corporate confidence. Layoffs surged in August.
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Pew Researched has released a study showing that 27% of America's large newspapers cut staff last year. There is no reason to think that the layoff trend is over.
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Ford CEO Jim Hackett has had over two years to show some progress in turning around the company. Absent any, the board of directors needs to fire him.
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New research shows that over 2,000 newspapers have closed since 2004, a staggering figure given that the industry was once among the largest employers in America.
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The U.S. House of Representatives has passed a bill to take the federal minimum wage to $15 an hour. There is evidence that more than 3 million people could lose jobs because companies may be unable...
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