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The retail and healthcare industries are home to the second- and third-most layoffs of 2023, losing about 71,000 and 53,000 jobs respectively, both of which are up from 2022 levels, while a 550% ...
Layoffs around the U.S. surged in the first three months of the year, a sign the labor market is softening amid efforts by the Federal Reserve to hit the economic brakes in a bid to quash inflation.
With Layoffs, Retailers Aim to Be Safe Rather Than Sorry (Again) Companies that ramped up hiring in areas like technology over the past few years are cutting back as customers slow their spending.
The layoffs affect teams in film and TV marketing, TV publicity and casting and development. The cuts are part of a larger effort to operate more efficiently, a Disney spokesperson said.
The news marks the latest wave of tech company layoffs in recent years, including several rounds of cuts at Microsoft. Need a break? Play the USA TODAY Daily Crossword Puzzle. The tech giant cut ...
A flurry of layoffs have hit the economy in recent weeks, including ones announced on Monday by Spotify and Rubbermaid parent Newell Brands. That follows even deeper job cuts last week by Google ...
White-collar layoffs soar at brand-name companies amid concerns of economic slowdown The trend is in stark contrast to the situation at the outset of the pandemic, when millions of retail, leisure ...
Layoffs are a violation of trust between a company and its employees, Sucher said, and a plan to right the ship “could be reassuring” to the remaining workforce — “if they believe in that.” ...
To provide context, from 2001 to 2019, there was an average—an average!—of 19.8 million layoffs each year in the private sector, according to the Bureau of Labor Statistics.
Despite interest rate increases meant to cool the labor market, companies outside the tech industry worry about having too few workers, not too many. Home Run Inn Pizza in Woodridge, Ill., has 135 ...
"While layoffs from high-profile firms make the headlines, plenty of firms are desperate for more workers, especially tech workers. Those workers are in high demand from the auto industry to the ...
Corporate Layoffs Spread Beyond High-Growth Tech Giants Dow, IBM and SAP say they will lay off thousands of workers as belt-tightening becomes the new business priority By Chip Cutter and Theo Francis ...
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