Here’s a list of the 95 Express stores that will be closing
The bankrupt clothing retailer will begin ‘closing sales’ on April 23 at the 95 stores that are being shuttered
AI startup Stability lays off 10% of staff after controversial CEO's exit: Read the full memo
Stability AI laid off several employees to "right-size" the business after a period of unsustainable growth, according to an internal memo obtained by CNBC.
Tech layoffs jolt Bay Area economy with hundreds of new job cuts
A high-profile aerospace and defense contractor and a semiconductor company were among the latest tech firms to chop jobs in the Bay Area, cutbacks that will erase more than 200 positions.
Tesla will lay off more than 10% of global workforce.
Tesla will lay off more than 10% of its global workforce. Read the memo to employees from CEO Elon Musk.
Baltimore bridge collapse has dockworkers in fear for their future
Shutdown of the Port of Baltimore has resulted in the loss of around 8,000 jobs.
Amazon cuts hundreds of jobs in cloud computing unit
The cuts affect hundreds of staffers in AWS' store technology and sales and marketing units.
Fed gets another reason not to rush on rate cuts
Federal Reserve policymakers weighing when to start interest-rate cuts got another reason Friday to sit tight for now, after a government report showed jobs growth surged in February but the overall labor market continued to show signs of cooling.
Employers added a robust 275,000 jobs last month, a Labor Department report showed on Friday, handily beating the 200,000 that economists expected.
Many Gen Z employees say ChatGPT is giving better career advice than their bosses
Nearly half of Gen Z workers say they get better job advice from ChatGPT than their managers, according to a recent survey.
EA to lay off 5% of workforce, or about 670 employees
EA's announcement marks the latest round of layoffs among video game companies in recent months.
Bosch is all set to cut 3,500 jobs in the home appliances unit. The news was confirmed by the Bosch group which on Friday, February 23, said that it planned to axe 3,500 jobs at its BSH home appliances subsidiary by 2027.
Applications for US jobless benefits fall again as labor market powers on
The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs
Cisco says it's cutting 5% of global workforce, amounting to over 4,000 jobs
Cisco announced plans to cut 5% of its workforce on Wednesday, the latest tech company to downsize this year.
Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings
Paramount Global CEO Bob Bakish announced the company will lay off hundreds of employees Tuesday, just a day after CBS announced Super Bowl viewing records.
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Jobless claims fall to 218,000 and show layoffs still very low The number of Americans who applied for unemployment benefits in the first week of February fell by 9,000 to 218,000 and indicated that layoffs remain.
Estee Lauder cuts 3% to 5% of workforce after sales, profit slide in recent quarter
Cosmetic giant Estee Lauder announced it’s cutting 3% to 5% of its global workforce as part of a restructuring program that aims to increase profits and become more nimble in a still challenging international environment
Private payroll growth slowed to just 107,000 in January, below expectations, ADP reports Companies added 107,000 workers in the first month of 2024, off from the downwardly revised 158,000 in December.
Payments firm PayPal Holdings will cut about 2,500 jobs this year, Bloomberg News reported on Tuesday citing a letter from CEO Alex Chriss to staff that it reviewed
