Equity markets continued their uneven climb upward this year with the tech-heavy Nasdaq and the S&P 500, which has a hefty technology component, jumping 1.8% and 1.1%, respectively, even as fourth...
Tag: Jobs
Men making good money in the prime of their lives are leaning away from demanding jobs and it could be because they’re ‘re-evaluating their priorities’
The Great Resignation, quiet-quitting, and a looming recession have caused major changes to the labor force. First, workers quit in droves due to a pandemic-induced burnout. Then, some of the ones who...
What The Berenstain Bears Could Teach President Biden About How Jobs Are Created
“No need to worry, no need to fret. The thing for you may not have been invented yet.” – The Berenstain Bears. The Berenstain Bears is a much-beloved collection of children’s books offering lessons ab...
U.S. unemployment system still plagued by delays 3 years post-pandemic
People wait in line to attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. Patrick T. Fallon | Afp | Getty Images These days the U.S. unemployment system is somewhat of an an...
Hasbro warns of weak holiday quarter results, cuts jobs
Game maker Hasbro Justin Sullivan | Getty Images Hasbro said Thursday it would eliminate around 1,000 employee positions and warned of weak holiday-quarter results. Shares of the toy maker fell more t...
Chipotle hiring 15,000 restaurant workers ahead of busy spring months
A “Now Hiring” sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC. Anna Moneymaker | Getty Images Chipotle Mexican Grill is seeking to hire 15,000 re...
SAP Plans to Sell Qualtrics Stake, Cut 3,000 Jobs
(Bloomberg) — SAP SE is planning to cut about 3,000 jobs this year while exploring a sale of its remaining stake in Qualtrics International Inc. as the company looks for ways to boost profit. Mo...
JPMorgan’s Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, tell...
Here are the 10 most in-demand jobs in the U.S., according to LinkedIn
These days, it feels like there’s a type of Hunger Games in the districts of software engineers and financial analysts. But despite the carnage at Twitter or Goldman Sachs, which make the job market s...
3M stock dips after earnings miss, company plans to cut 2,500 jobs
Shares of 3M Co. MMM, +1.63% were down nearly 4% in premarket action Tuesday after the manufacturing giant missed profit expectations for the latest quarter and delivered a downbeat earnings outlook f...
Why H1B Visas Suck And 7 Best Alternatives To Choose From
The H1-B work visa is the main way America attracts foreign workers to come to the USA today. But it … [+] is outdated. getty There are good reasons why America’s H-1B visa program for foreign w...
Salesforce Stock Leaps As Elliott Management Builds Activist Stake
Updated at 6:10 am EST Salesforce (CRM) – Get Free Report shares were marked firmly higher Monday following reports that activist investor Elliott Management has taken a stake in the world̵...
Pennsylvania is axing its college degree requirement for 65,000 state jobs, calling it an ‘arbitrary requirement’
Just one day after Josh Shapiro was sworn in as Pennsylvania’s youngest governor in over 20 years, he threw open “the doors of opportunity” for non-degree holding constituents who “just want a fair sh...
Google Cuts 12,000 Jobs As 2023 Layoffs Continue
Topline Google’s parent company Alphabet announced plans Friday to cut 12,000 employees, just days after software giant Microsoft announced plans to cut 10,000 employees and Amazon began laying off 18...
Netflix is hiring a flight attendant for as much as $385,000 a year after cutting hundreds of jobs just 7 months ago
Despite cutting hundreds of jobs just last year, Netflix is looking to hire a flight attendant to work on the company’s private jet with a potential annual salary of over a quarter of a million dollar...
950 More Employees To Lose Their Jobs As Coinbase Goes For Another Round Of Layoffs
Getty Images Key takeaways: It was announced on Jan. 10, 2022 that Coinbase would be slashing its workforce by about 20% (which translates to 950 employees) in an effort to reduce overall operating ex...
Crypto recruitment execs reveal the safest jobs amid layoff season
Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, ...
Top business leaders discuss the future of jobs
[The stream is slated to start at 3 a.m. ET. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC’s Geoff Cutmore, top business leaders discuss at Davos, Swi...
Microsoft to Cut Engineering Jobs This Week as Layoffs Go Deeper
(Bloomberg) — Microsoft Corp. plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter, joining the ranks of technology giants that are...
Wanted: older workers for flexible and desirable jobs
A polylingual, well-connected non-executive director who spent his career running some of Europe’s biggest mail order clothing businesses is, at 93, the oldest person on the payroll of David Nieper, a...
Amazon HR Staffers Turn From Hiring to Seeking Jobs Themselves
(Bloomberg) — With job cuts mounting across tech, finance and other industries, why wait to get fired when you can skip directly to being hired? Most Read from Bloomberg The move, called “career...
Apple CEO Tim Cook’s Pay Cut in Half
Times are tough in tech. The sector was wiped out on the stock market last year as fears about the health of the economy intensified and the covid-19 pandemic took off again in China. That’s wh...
What Jobs Are Available In Artificial Intelligence? How To Make A Career In This AI Boom
| Getty Images Key Takeaways Artificial intelligence, as a field, is booming. If you are interested in launching a career in AI, now is an excellent time to building up both a knowledge base and skill...
Crypto.com to Axe 20% of Jobs Following Coinbase and Bybit Cuts
Cryptocurrency exchange Crypto.com will slash 20% of its staff, the Singapore-based platform said on Jan. 13. This comes amid a recent wave of job cuts affecting crypto companies and exchanges. Crypto...
DirecTV lays off hundreds of managers as cord cutting accelerates
A DirecTV technician at an apartment building in Lynwood, Calif. Patrick T. Fallon | Bloomberg | Getty Images DirecTV is laying off hundreds of employees — roughly 10% of its upper ranks — as the comp...
Morgan Stanley’s Mike Wilson issues correction warning
Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even though a majority of insti...
The Fed’s Impossible Choice: Eliminate Jobs or Accept Higher Inflation
Text size The Fed may opt to wait in the first half of 2023 rather than keep raising rates, Sonia Meskin writes. Alex Wong/Getty Images About the author: Sonia Meskin is the head of U.S. Macro at BNY ...