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Workday, the human-resources software company, said in February that it is cutting 8.5% of its workforce, or around 1,750 employees. The layoffs come as the company focuses more on artificial ...
Workday layoffs: 1,700 employees affected by cuts, or 8.5% of workforce. Anthony Robledo, USA TODAY. February 5, 2025 at 5:55 PM. ... US employees to receive at least 12 weeks of pay.
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 ...
Companies almost never offer employees pay cuts in the lead-up to layoffs, despite a willingness of workers to accept even deep reductions in wages to avoid losing their jobs, a new study finds ...
WASHINGTON ― Fear, shock, and uncertainty have taken hold in the federal workforce as 2.3 million employees across the government face President Donald Trump's deadline by the end of Thursday to ...
(Bloomberg Opinion) -- Economists have long explained recessions in part by pointing to the reluctance of employers to reduce workers’ pay. This so-called market rigidity reverberates throughout ...
Boeing furloughed thousands of salaried employees on a rolling basis after the strike by 33,000 union machinists began in September and halted production of its best-selling 737 MAX.
Tesla took heat in 2024 for sending out an insensitive email about layoffs that reportedly started with "Dear Employee." GM did not respond to questions about how it handled the Nov. 15 job cuts.