Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar turns to 2023, workers in m...
Tag: Jobs
Here’s how to know if your company’s layoff policy is a ‘good’ one
Andreypopov | Istock | Getty Images Layoffs this year have been mostly limited to the hardest-hit sectors of the economy, especially tech. But depending on your industry, you might find yourself face-...
Jobs Strength Won’t Last
(Photo by Joe Raedle/Getty Images) Getty Images For a while, a strong jobs picture has defied other evidence of a softening economy, perhaps even a recessionary one. Before the election, when the Whit...
Why Accountants Are Quitting and Even Some New Graduates Don’t Want Their Jobs
More than 300,000 U.S. accountants and auditors have left their jobs in the past two years, a 17% decline, and the dwindling number of college students coming into the field can’t fill the gap. The e...
If You’re Jobless, Here’s Where You Might Want to Move
Much has been made of the labor shortage plaguing American businesses. You may have seen it yourself, say, in a restaurant where your meatloaf got cold because not enough waitstaff was working. Person...
Steve Jobs ‘wouldn’t have succeeded’ without Tim Cook, former Apple exec explains
Steve Jobs is considered by many to be the mastermind of Apple (AAPL) and its immeasurable impact on the world of technology. According to one former company executive, however, Jobs wouldn’t have got...
A Week After Morgan Stanley Layoffs, Goldman Sachs Axes 4,000 Jobs
Goldman Sachs Group Inc (NYSE: GS) plans to lay off around 4,000 employees as it struggles to navigate a difficult economic environment, though no final list has been drawn up. As per Semafor, manager...
PepsiCo Plans For Layoffs – Hundreds More Corporate Jobs To Go
| Getty Images Key Takeaways Despite generating $79 billion in net revenue in 2021, PepsiCo is the latest company to lay off staff. According to an internal memo, hundreds of corporate roles are set t...
Energy Secretary Sees Huge Economic Opportunities In Energy Security, Including For Diverse Small Businesses
“The ecosystem around being energy secure is a jobs ecosystem. We’re going to create a million jobs by 2030 in the United States in this energy space because of the Inflation Reduction Act,” Sec...
California’s New Fast-Food Employment Council Will Stifle Opportunity In The Golden State
McDonald’s is testing new ordering kiosks at a working restaurant at the company’s Oak Brook, … [+] Illinois headquarters. (Photo by Ralf-Finn Hestoft/Corbis via Getty Images) Corbis...
Goldman Sachs Cutting Hundreds More Jobs, Report Says
Investment firm Goldman Sachs is now the latest U.S. company to plan for a large round of layoffs, Bloomberg reported Monday—as employers fear high inflation could slide the economy into recession. De...
How shortening the week could change office life
The idea of a four-day or shorter workweek is gaining momentum worldwide — a big thanks to the remote work boom during the Covid-19 pandemic. A recent study from 4 Day Week Global, a nonprofit group t...
December 2022 Jobs Report Update: ADP Jobs Report Trends
| Getty Images Key Takeaways ADP reports that 127,000 jobs were added to the economy in November. Wages also grew. However, there has been a slowdown in the growth rate for a few months. Interest rate...
Bitcoin, Ethereum Jump With Stocks on Jobs Report Release
Bitcoin is back above $17,000—rising with U.S. stocks as traders responded to a Labor Department report showing a rise in jobless claims, a possible sign that federal interest rate hikes could slow do...
Amber Group’s planned raise halved as it cuts 40% of jobs: Reports
Crypto firm Amber Group is making various business-related cuts as it struggles to weather the ongoing crypto winter. The Singapore-based crypto trading and lending platform’s expansion pl...
BuzzFeed to cut 12% of its workforce
The BuzzFeed website on a smartphone arranged in Hastings-on-Hudson, New York, on Monday, Dec. 6, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images BuzzFeed on Tuesday announced plans to cut its w...
PepsiCo plans to cut hundreds of jobs, report says
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo is eliminating hundreds of corporate jobs in North America, according to the...
PepsiCo Cutting Hundreds of Jobs in North America: WSJ
PepsiCo is planning to cut hundreds of jobs at its North American snacks and beverages headquarters, according to The Wall Street Journal, citing people familiar with the matter and documents seen by ...
The 8 Adaptive Skills That Can Secure Manufacturing’s Future
Over two million — that’s how many manufacturing jobs are expected to be unfilled by 2030 unless … [+] companies act now to close the skills gap. It’s a huge (and growing) number and, unsurprisi...
Australian crypto exchange Swyftx cuts 90 jobs in second round of layoffs
Australian crypto exchange Swyftx has fired 90 employees in its second round of layoffs in four months. “Swyftx has no direct exposure to FTX, but we are not immune to the fallout it has c...
Court Rules Man Shouldn’t Be Fired for Not Being ‘Fun’ at Work
Not having to make small talk at one’s desk or go to “happy hours” when you just want to get home is a major reason more and more people are opting for remote work. Recent surveys fo...
Retailers Are Cutting Jobs Instead of Hiring Help Ahead of the Holidays
The holiday season is usually a reason for stores to staff up to handle the surge of shoppers. But Friday’s jobs report showed a concerning trend: Retailers are shedding workers. According to the Bure...
Stocks close little changed after strong jobs report
U.S. stocks closed mixed after stumbling between small gains and losses Friday as stronger-than-expected jobs data had investors recalibrate expectations around when the Federal Reserve will pause its...
Bitcoin and Ethereum in See-Saw Movements as US Adds a Massive 263,000 Jobs
Digital asset markets are experiencing see-saw movements late this week after the latest US labor report shows more jobs were added last month than expected. The number of jobs increased by 263,000 in...
Many Indicators Imply A 2023 Recession, The Jobs Market Disagrees
The U.S. jobs market continues to show some strength. (AP Photo/Nam Y. Huh, File) Copyright 2022 The Associated Press. All rights reserved. There are many meaningful indicators suggesting that a U.S. ...
Wall Street Sees Blowout Jobs Data as ‘Wrong Report at the Wrong Time’
(Bloomberg) — The latest US jobs report doused nascent optimism that the American economy was weakening enough to warrant a go-slower approach by the Federal Reserve in its battle against inflat...