Meta’s workforce ballooned in recent years as the Facebook parent company signaled its ambitions for the metaverse—but recent moves suggest that it is feeling the sting of changing tech trends and rou...
Tag: Workers
SVB’s New Owner, the FDIC, Gives Workers 45 Days of Employment
(Bloomberg) — The Federal Deposit Insurance Corporation added a few new employees to its payroll late Friday, taking on workers from shuttered SVB Financial Group, at least for a few weeks, as i...
Jobs Report Is So-So For Workers
Layoffs begin. Amityville, N.Y.: Co-workers yell during a demonstration outside one of the Akorn Pharmaceuticals … [+] buildings in Amityville, New York on Feb. 24, 2023. The pharmaceuticals com...
GM offers voluntary buyouts to US salaried workers, expects $1.5B charge
General Motors (GM) is laying out its plan to extract $2 billion in cost savings, and reductions in its labor force will be a big part of it. “This voluntary program offers eligible employees an oppor...
GM offers buyouts to ‘majority’ of U.S. salaried workers
Mary Barra, CEO of General Motors at the NYSE, November 17, 2022. Source: NYSE DETROIT – General Motors will offer voluntary buyouts to a “majority” of its U.S. white-collar employees, as ...
Job openings declined in January but still far outnumber available workers
A ‘Now Hiring’ sign is displayed outside a Jiffy Lube location amid a still-robust labor market on February 2, 2023 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Job openin...
Musk Trolls Twitter Employee Asking If He Was Fired And Questions Worker’s Disability
Topline The world’s second-richest man and Twitter CEO Elon Musk went on another trolling escapade this week, this time targeting the founder of a business acquired by his new company who asked if he ...
The McDonald’s president just blasted a proposal to pay fast-food workers $22/hour — he made $7.4M last year. Here are 4 simple ways to stretch your paycheck
‘Costly and job-destroying’: The McDonald’s president just blasted a proposal to pay fast-food workers $22/hour — he made $7.4M last year. Here are 4 simple ways to stretch your payc...
Experts say aging workers are the key to keeping the economy afloat — here’s why and how to make it work for you
While the American economy remains strained by a worker shortage, employers may need to turn to older hires — or try to retain their aging employees — to fill in the gaps. In fact, more older workers ...
Some companies are already replacing workers with ChatGPT, despite warnings it shouldn’t be relied on for ‘anything important’
In the 10 or so days since its grand entrance, ChatGPT has been everywhere: littering Twitter feeds, cluttering promotional emails, igniting ethical debates in schools and newsrooms, infiltrating dinn...
CDC Workers Canvass East Palestine To Investigate Health Risks From Trail Derailment
Topline Officials from the Centers for Disease Control and Prevention arrived in East Palestine, Ohio, Saturday to investigate the possible health risks stemming from a recent train derailment, after ...
One laid-off tech worker’s odyssey: 5 months, 25 interviews, 100 job applications
At times, Todd Erickson’s search for a tech job felt more like an odyssey. But after five months, about 100 job applications and more than two dozen interviews with recruiters and companies — includin...
Ted Cruz just slammed the IRS over its proposed tip reporting program — that could hike taxes owed by certain workers. This is what it might mean for you
‘Next level cruelty’: Ted Cruz just slammed the IRS over its proposed tip reporting program — that could hike taxes owed by certain workers. This is what it might mean for you Out of all the federal a...
Chipper Cash Lays Off More Workers — Crypto Department Still Operational, Says CEO – Fintech Bitcoin News
The Nigerian fintech, Chipper Cash, recently said it has let go of more employees and that this step has been taken to help the firm contain its operating costs. Although no figure of the number of ax...
4 Ways Managers Can Ensure Workers Feel Seen For Greater Mental Health
Feeling seen is fundamental to mental health. getty If you’re a manager concerned about the effect you have on employees’ mental health, you’re not alone. The reports about your impact have people’s a...
16,000 Amazon workers have joined a Slack channel and launched a petition to fight CEO Andy Jassy’s mandate to return to the office
It’s been a bumpy week at Amazon, and now boss Andy Jassy has got another headache to deal with after staff pushed back hard against a request to come back to the office three days a week. On Fr...
Home Depot to give hourly workers a raise
A customer enters a Home Depot store on August 16, 2022 in San Rafael, California. Justin Sullivan | Getty Images Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly e...
Amazon stock drop has workers facing pay squeeze
Amazon’s corporate employees will make less money in 2023, people close to the matter told the Wall Street Journal on Monday. Shares of the world’s largest online retailer dropped roughly 36% ov...
Crypto Dominates as Payment Method for Remote Workers in Latam – Bitcoin News
Most remote workers in Latam prefer to get paid in crypto, according to the latest report from the Deel Lab for Global Employment. The reasons behind the finding are said to be diverse, but include th...
Kroger workers who quit are getting texts and emails from the company asking them to come back
Former Kroger employees who left the company have been getting some surprising texts and emails. The supermarket operator—the nation’s largest by sales—wants them back, and it isn’t being shy about re...
Bernie Sanders Proposes Tax On Robots That Take Jobs Away From Workers
U.S. Sen. Bernie Sanders (I-VT) speaks to members of the press outside the West Wing of the White … [+] House on January 25, 2023 in Washington, DC. (Photo by Alex Wong/Getty Images) Getty Image...
As Big Tech cuts workers, other industries are desperate to hire them
Workers who jumped from one high-paying job to another as Big Tech companies staffed up at a dizzying pace in recent years are now considering leaving the sector entirely as those same large employers...
Close to 70% of US workers plan to leave their jobs in 2023 — with Gen Z, millennials leading the way. 3 tips to successfully carve a new career path this year
Ever since London-based management professor Anthony Klotz coined the term “Great Resignation,” smug bosses and clueless C-suiters have predicted its eventual demise and a return to the days of grovel...
Tesla fires dozens of workers one day after launching union campaign
Tesla fired more than 30 employees who work at its factory in Buffalo, New York, in retaliation for union organizing, according to a complaint filed with the National Labor Relations Board. The firing...
Lawmakers Consider Whether Taxpayers Should Foot The Bill For Remote State Workers
Woman working home writing and taking notes at the beach getty American workers are becoming fond of flexible work schedules—but are we willing to foot the bill for them? That’s a question currently p...
How one company’s lies killed thousands of Ohio rubber workers
When Kathryn Darnell was diagnosed in the late ’90s with mesothelioma, a cancer caused by asbestos exposure, the Akron, Ohio, woman wasn’t overly concerned about how she got it. What bothered her was ...
Snickers maker fined after workers fall into vat of chocolate
Snickers maker fined after workers fall into vat of chocolate Snickers and M&M’s maker Mars Wrigley has been fined by US safety regulators after two workers at one of its factories fell into a vat...
Tech Layoffs Hit H1B Visa Workers Hard
When she lost her job at Google last month, Jingjing Tan started worrying about her dog, an energetic, 75-pound German shepherd. As a foreign worker living in the U.S. on a temporary work visa, if she...
Older workers are fooling themselves when it comes to work, money and caregiving
Denial runs deep when it comes to money and retirement. Older adults are working longer, but at first blush they contend they are working because they want to. Only when pressed do they admit they nee...