Layoffs fell back to 1.8 million in May, the same level as February, after climbing to a record high of 11.5 million in March and staying quite high in April at 7.7 million. But despite the drop, the ...
Year to date the stock has gained almost 50%, rising from $124.74 on January 3rd to hit a closing high of $191.62.
The weekly jobless claims have hit record high in the US, and more waves of layoffs could be on the way as the Federal Reserve's interest rate hikes push companies to cut costs, the media reported.
Amazon CEO Andy Jassy said in a memo to staff on Monday that the company plans to eliminate 9,000 more jobs in the next few ...
The past three months may have been dominated by high-profile ... steady at 2.7% – though the layoff rate inched up from 0.9% to 1%. In the past year, North Texas has seen 5,479 layoffs reported ...
The WARN Act requires companies with more than 100 employees to provide 60 days’ written notice before mass layoffs ... its fiscal year ended Sept. 30, 2022 — net sales were $2.38 billion ...
It has also faced challenges combining its online and print businesses in the wake of the $2.7 billion merger ... It was the second round of layoffs to hit the site in the past year, after 20 ...
The tech industry has seen a string of layoffs ... the year with more than 130,000 employees, but said that the cuts were made to "stay ahead of downturn impacts." Slowing demand for PCs hit ...
And if the employees don’t provide value that results in revenue I don’t think there is enough money to keep the fun projects and high wages flowing ... like $150M a year.
West Coast tech giants have cut tens of thousands of employees in recent months, but economic turmoil is expected to have a ...
Beneath recent layoffs, CIO Dive analysis shows the tech workforce recruiting cycle is normalizing after years of hiring ...
While there are still layoffs set to hit in Texas and beyond ... The quit rate is holding steady at 2.7% – though the layoff rate inched up from 0.9% to 1%. In the past year, North Texas ...
