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'Tough on morale': Citigroup reveals plans for 20,000 job cuts by 2026. David Hollerith. January 12, 2024 at 12:51 PM. Citigroup ...
Here are the companies with job cuts planned or already underway in 2025 so far. Kohl's is reducing about 10% of its roles Kohl's is cutting staff to "increase efficiencies" and "improve ...
The technology sector led the September total with 11,430 announced job cuts, though the industry has seen 23% fewer reductions so far this year than in 2023. Indeed, other major sectors like ...
The Job Openings and Labor Turnover Survey for December showed that the number of available jobs sank to an estimated 7.6 million in December from 8.16 million the month before.
A crucial August jobs report that could ... of 2024, but the door is open for larger decreases if economic conditions weaken more than expected." ... ISM services index, August (50.9 expected, 51. ...
Economists argue that with inflation now tracking below the Fed's 2% target on a three-month basis, the more concerning trend in economic data lies in the labor market, where the unemployment rate ...
Prior to the November job cuts, GM also trimmed another 1,000 salaried positions in software and services, according to reports. GM aims to trim $2 billion in costs as it adjusts its EV strategy ...
In 2023, companies planned 721,677 job cuts, a 98% jump from 2022, according to a new report from professional outplacement firm Challenger, Gray, and Christmas. The number marks the highest ...