Furniture retailer Wayfair cut 870 jobs Friday—one of the largest corporate layoffs this summer—as major U.S. companies fear soaring inflation could tip the economy into a recession. Aug. 19, 2022Bost...
Tag: Job
Hodlnaut a Singapore-Based Crypto Lender Fronts Police Actions And Unexpected Job Cuts
The interest-paying crypto swap shop is gripped in Legal proceedings with Singapore authority. Hodlnaut has fired a massive number of employees from their firm. Hodlnaut, a Singapore-based crypt...
Hodlnaut Confirms Interactions With Singapore Police, Job Cuts, Interest Rates Halts
In the wake of a statement by Hodlnaut confirming its request for judicial management on the 16th of August, the distressed platform has updated its original announcement providing more context on the...
Chaos in corporate Britain as wages crash despite record job vacancies
Commuters walk along the Thames Path beside the River Thames in London – Jason Alden/Bloomberg It is meant to be a fundamental economic rule that when unemployment falls, wages rise. Companies h...
Rising Unemployment Claims Signal ‘Rapid Deterioration’ In Job Market—But Here’s Why The Data May Be Misleading
Topline New jobless claims rose to the highest level in nine months last week as a growing number of firms continue to announce layoffs, but analysts aren’t so sure the seemingly rapid deteriora...
‘Powell is doing a really good job’
U.S. equities are up roughly 2.0% on Wednesday after the U.S. Bureau of Labour Statistics said consumer prices were up 8.50% (year-over-year) in July. Jim Cramer reacts to inflation data on CNBC In co...
Morgan Stanley job posting points to wide-ranging crypto plans
The position, posted on August 1, is to join the Investment Solutions Product Development team, which offers a wide-range of services that “support” more than $900 billion in assets under ...
Morgan Stanley posts job offer hinting at crypto expansion plans
Investment banking giant Morgan Stanley has listed job postings that reveal the company’s future crypto plans. The leading investment bank and wealth management firm is looking to hire a product devel...
The “Knock Your Socks Off” Job Market Rides Again!
Just how great is the American job market? As a career coach and job market observer for 25 years, a published columnist for 19 years, and a participant in the labor market for 54 years, I’ve ne...
Job cuts, smaller bonuses loom for Wall Street bankers
People walk by the New York Stock Exchange on May 12, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Investment bankers hit with a collapse in equity and debt issuance this ye...
MicroStrategy’s Bitcoin Maximalist CEO Saylor Hands Job to Deputy, Takes Executive Chairman Role
Meanwhile, during the earnings conference call, Le said he doesn’t expect any imminent strategy changes for the company and he’s been aligned with Saylor on the enterprise and bitcoin stra...
Typical job switcher got a pay raise of nearly 10%, study finds
Morsa Images | DigitalVision | Getty Images Many workers who changed jobs recently saw raises from their new paychecks outpace inflation by a wide margin — by nearly 10% or more, according to a new st...
Job openings fell sharply in June as labor market shows signs of slowing
A man walks past a “We Are Hiring” sign in New York City on July 8, 2022. Angela Weiss | AFP | Getty Images Job openings plunged in June to their lowest level since September 2021 in a pot...
North Korean Hackers Flood the Crypto Job Market With Plagiarized Resumes
Due to a longstanding embargo on the North Korean regime, local authorities have made headlines countless times for unusual – and often illegal – ways to gather funds. From hacking regular banks to fa...
Job switchers saw a greater increase in salary than people who decided to stay put. Here’s what’s at stake.
It pays to look around. The number of job switchers reporting wage gains has expanded while the number of job stayers reporting wage gains actually contracted as inflation exacts its toll, according t...
What I learned when I took a corporate job after 20 years of working for myself
When I was 30, I quit my job as a lawyer to become a freelance writer, following a dream I’d had since I was a kid. At the time, I had sold two articles to magazines (Cosmopolitan and Bride’s) and bui...
Here Are The Major U.S. Job Cuts As Recession Fears Grow
Major U.S. companies have laid off thousands of employees so far this summer, as CEOs fear soaring inflation could tip the economy into a recession. July 26, 2022E-commerce company Shopify became the ...
Porsches Postponed by Buggy Software Cost VW’s CEO His Job
(Bloomberg) — Most Read from Bloomberg It says a lot about the state of the auto industry and where it’s going that software problems have cost the CEO of a carmaker his job. Volkswagen ou...
Tech trade group calls for regulatory clarity, claiming crypto job losses threaten US interests
The tech trade group Chamber of Progress called on members of the United States Senate and House of Representatives for regulatory clarity in the crypto space in an effort to prevent firms from leavin...
Retrenched staff ponder future in the job market
Bleak market prospects continue to afflict the cryptocurrency ecosystem as prominent firms face the tough reality of reducing their workforce to ensure their long-term viability. Nonfungible token (N...
HUMAN Protocol’s Routing Protocol Offers Decentralized Distributed Job Market Coordination
4 hours ago | 2 mins read Blockchain News In an effort to revolutionize the way people work, the decentralized infrastructure project HUMAN Protocol has announced the establishment of a new blockchain...
Twitter is being roiled by an internal tool showing employees get paid double for the same job in different countries
Twitter pays its employees significantly different salaries for the same roles, depending on where an employee is based globally, a report by the technology and culture magazine, Input reveals. The in...
Compliance and legal staff among crypto job cut-backs
As some of the largest crypto companies cut back on their staff during the current crypto winter, there is still demand for staff specialised in legal and compliance skills. With the regulatory enviro...
A Cold Snap For Interiors? Made.Com Warns Of Job Cuts And Issues Further Profit Warning
Balancing the books: Today online furniture retailer Made.com has announced it is having to cut … [+] revenue and has warned of job cuts. The cost of living crisis has seen many consumers reduce...
Crypto rapper Razzlekhan seeks a job — her TikToks are here to help
Late last week, a Federal court in Washington granted permission for infamous alleged crypto criminal and self-proclaimed “bad bitch” Heather Morgan – aka Razzlekhan – to find herself a job. Morgan wa...
Goldman Sachs looking at reinstating year-end job cuts as economic outlook dims
People walk by the New York Stock Exchange on May 12, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Goldman Sachs has slowed its hiring and is looking to cut the fees that it...
Sweden Prefers Using Electricity for Job Creation Activities than Bitcoin Mining
Sweden is at the crossroads of choosing to use electricity for job-creation projects or Bitcoin mining. The dilemma could be tough for this Northern European country to make a wise decision. In an int...
Woman charged in $4.5 billion Bitfinex case cleared to seek new job: Bloomberg
Heather Morgan, who was charged along with her husband in February of conspiring to launder $4.5 billion worth of bitcoin stolen from the Bitfinex crypto exchange, was granted permission by a judge to...
My boyfriend, 68, has almost no ‘mad money’ for fun activities and trips. He lives with his father, 95, and expects to inherit his house. Is it unreasonable to expect him to get a part-time job?
I am a 65-year-old retired woman with modest Social Security and annuity payments. I also own my own home and have savings. I’ve been seeing a 68-year-old retiree since just before the pandemic. He li...