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Left unsigned by President Ronald Reagan and became law on August 4, 1988. 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 ...
History of video games. Beginning in 2023 and continuing into 2024, the video game industry has experienced mass layoffs. Over 10,000 jobs were lost in 2023, and an additional 13,000 jobs were lost in 2024 from January to September. [1][2][3][4][5] These layoffs had reverberating effects on both established game development studios and emerging ...
JOLTS report. The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into ...
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 ...
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 ...
Layoff activity remains muted. The Job Openings and Labor Turnover Survey report released Wednesday showed that there were an estimated 1.53 million layoffs and separations during March, marking ...
A layoff[1] or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) [2] for business reasons, such as personnel management or downsizing (reducing the size of) an organization. Originally, layoff referred exclusively to a temporary interruption ...
2023 saw more layoffs than previous years, with 240,000 jobs cut in the tech industry alone -- a 50% jump from the prior year, according to data from TechCrunch.com. A number of factors led to ...