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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 ...
Job cuts in tech and retail follow a massive ramp-up in hiring during the COVID-19 pandemic — when people spent more time and money online. The high profile job cuts seem to arrive steadily, but ...
Job cuts in tech and retail follow a massive ramp-up in hiring during the COVID-19 pandemic — when people spent more time and money online. Now, many companies are reducing headcounts to help ...
Layoff. 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 ...
August 9, 2024 at 3:12 PM. By Utkarsh Shetti and Supantha Mukherjee. (Reuters) -Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker ...
The U.S. saw the loss of an average of two newspapers per week between late 2019 and May 2022, [ 1] leaving an estimated 70 million people in places that are already news deserts and areas that are in high risk of becoming so. Prior to that steep decline, newspapers' weekday circulation had fallen 7% and Sunday circulation 4% in the United ...
Positions for psychologists, clinical social workers and others have been cut, and some job offers have been rescinded in recent weeks and months as the agency seeks to address a budgetary ...
Intel’s massive job cuts come after it received $8.5 billion in taxpayer money. Months after the federal government gave Intel $8.5 billion in grants to help bring back chipmaking to the U.S ...