A trader walks on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Michael Nagle | Bloomberg | Getty Images Stock futures slipped in overnight trading follo...
Tag: Personnel
Hot job market and Great Resignation persist despite recession threat
Mixetto | E+ | Getty Images Workers are still reaping the benefits of a hot labor market characterized by few layoffs, ample job openings and a high level of voluntary departures, according to U.S. De...
EU airlines face strikes, struggle to find workers post-covid summer travel
Some airlines and airports are struggling with the post-covid demand for travel. Anadolu Agency | Anadolu Agency | Getty Images LONDON — Delays, cancellations and strikes. It’s been a messy time...
Huobi Global Plans to Layoff 30% of its Personnel Due to Multiple Factors
4 hours ago | 2 mins read Exchange News Huobi had to remove its Chinese customers by the end of December last year. Huobi has secured additional licenses in New Zealand and the United Arab Emirates. H...
Novartis Will Cut 8,000 Jobs Under CEO’s Shake-Up Plan
Text size Vasant Narasimhan, CEO of Novartis. ERIC PIERMONT/AFP/Getty Images Pharmaceutical giant Novartis said Tuesday it will lay off more than 7% of its workforce, just a few months after CEO Vas N...
Australian Crypto Firm Banxa Announces 30% Personnel Layoff
Banxa will allegedly reduce its workforce from 230 to 160 personnel. European Managing Director Jan Lorenc plans to depart the business in European market. According to Banxa, a crypto payments servic...
Chipotle restaurant in Maine becomes chain’s first to file for union election
A customer carries a Chipotle bag in front of a restaurant in Santa Clara, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images A Chipotle Mexican Grill location i...
Powell tells Congress the Fed is ‘strongly committed’ to bringing down inflation
Federal Reserve Chairman Jerome Powell told congressional lawmakers Wednesday that the central bank is determined to bring down inflation and has the ability to make that happen. “At the Fed, we...
The Crypto Party Is Over
On Super Bowl Sunday, a Crypto.com ad featuring billionaire NBA star LeBron James lit up millions of Americans’ TVs. “If you want to make history, you gotta call your own shots,” Mr. James said in the...
SpaceX Fires Employees Involved in Letter Critical of Elon Musk, Company
SpaceX fired some employees involved in a letter that criticized Chief Executive Elon Musk and the way the company applies internal rules, according to an email to staff from SpaceX’s president and pe...
Teen summer workers are winning higher pay and more flexibility this year
When Jennifer Sutton opened her small business, Guest Haus Juicery, in September 2021, she turned to teenage workers to fill gaps in the hiring market. Sutton initially thought her two teen employees ...
How raising rates slows inflation
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 4, 2022 in Washington, DC. Win McNamee | Getty Images The Federal Reserve lo...
Prominent US Exchange Coinbase To Trim Its Personnel By 18%
The Chief Executive Officer (CEO) of the crypto exchange Coinbase, Brian Armstrong has recently highlighted through a blog that they would cut down their global workforce by 18% in order to make sure ...
Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’
Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Coinbase is laying off almost a fifth of its workf...
Coinbase CEO tells workers to quit if they don’t believe in top execs, after petition for leadership changes
Coinbase Global Inc. has had a rough stretch lately, as plunging prices for cryptocurrencies have dampened trading interest and prompted the company to curtail rapid hiring plans. The company also see...
Sam Bankman Fried Will Keep Bringing Personnel In, Unlike The Others
FTX CEO Sam Bankman Fried stated that he is not planning on cutting the staff from his organization, in fact. He’ll hire more amid the crypto downturn. SBF is concentrating on the extension of its wor...
Southwest Airlines customer service goes fully remote, reservations centers close
A traveler walks past a Southwest Airlines airplane as it taxies from a gate at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kevin Dietsch |...
Stock futures are slightly higher ahead of May’s jobs report
Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Stock futures rose Thursday evening as investors focus their attention on more jobs data due out Friday morning. Futures tied to the Dow Jon...