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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 ...
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 ...
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 weak July jobs report helped tilt the focus toward the slowing labor market. The report showed the second-weakest monthly job additions since 2020 and the highest unemployment rate in nearly ...
Employers added 256,000 jobs last month, up from 212,000 in November, the Labor Department reported Friday. Unemployment, which was expected to hover around 4.2%, fell to 4.1% last month.
Shares of the third-largest U.S. lender were last up 5% in premarket trading on Wednesday after Citigroup said its board has authorized a new share repurchase program. "2024 was a critical year ...