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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 holiday season and company layoffs go hand in hand. As the holidays draw closer, companies are facing lower consumer confidence and are thus evaluating plans for the 2023 fiscal year. See: 95%...
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...
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]
Weekly applications for jobless benefits are considered representative of U.S. layoffs in a given week. Continuing claims, the total number of Americans collecting jobless benefits, rose by 39,000 ...
Unfortunately, there's more where last week came from. Following last week's slew of layoffs in tech, this week had another dose of staff cuts across tech companies. Big shout out to Layoffs.fyi ...
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The number of Americans filing new applications for jobless benefits declined last week as layoffs remained low, which could help to allay fears that the labor market was deteriorating. The weekly ...