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As the year's final quarter is coming to a close, some of the world's largest companies are announcing significant layoffs. Meta Platforms, Inc., Amazon.com, Inc. and Twitter, Inc are just a few...
Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September, outplacement firm Challenger, Gray and Christmas said. Layoffs would have been even lower last month ...
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
West Des Moines-based Innovation Refunds has announced another round of layoffs, this time paring its workforce by 44 workers. It said the reduction in staff was effective Feb. 22.
Big Tech's "Year of Efficiency" may be over but recent layoffs at Google and Amazon have signaled the firms will keep cutting jobs in 2024 as they make big investments in generative AI. Alphabet ...
U.S.-based employers announced 23,697 job cuts in July, a 42% drop from the number of layoffs announced in June and an 8% decrease from July 2022, according to a report released on Thursday by ...
The past year was a turning (and at times tipping) point in the white-collar workforce, which was rife with layoffs and return-to-office mandates. At the center of it all: the middle manager. At ...
The Coronavirus pandemic ended up being a money-printing machine for much of corporate America, with 52% of companies seeing a bigger profit in November 2020 than the year prior, Axios reported ...