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The hiring freeze was issued as part of Donald Trump's "Day One" executive orders and presidential actions, many of which targeted federal employees. [1] Other related presidential actions included federal return-to-office mandate, reinstatement of Schedule F, plans to terminate federal DEI officers, and a buyout offer to all federal employees ...
Dec. 2—Pfizer Inc. is starting to roll out the pharmaceutical company's biggest round of layoffs since 2009, and its Groton laboratories are not immune. Of course, New York-based Pfizer these ...
5 U.S.C. § 5315 lists 346 non-obsolete positions that receive pay at Level IV of the Executive Schedule. As of January 2025, the annual rate of pay for Level IV positions is $195,200. [2] Annual pay for General Schedule employees, including locality pay and special rates, may not exceed this level. [4]
In June 2023, Viatris was named to the Forbes Global 2000 list of the world's largest companies. [24] In October 2023, Viatris reached agreements to divest from almost all of its OTC business, its women’s healthcare business, and its India-based active pharmaceutical ingredients business for a total of about $3.6 billion. [25]
See if you can follow this workplace math: 40 hours - 8 hours - 20% pay = 1. Translation: For a Canadian purchasing software company, reducing an employee’s 40-hour work week by 8 hours, with a ...
Today we’re announcing that in our first year of negotiations we are saving Medicare $6 billion and Americans who pay out of pocket will be saving another $1.5 billion moving forward.
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]
In January, across two rounds of layoffs that hit its ad sales and hardware teams, Alphabet laid off over 1,000 employees after handing out 12,000 pink slips in 2022.