BuzzFeed News Is Shutting Down, Company Laying Off 180 Staffers 15% of the staff laid off…
Meta Tells Employees to Work from Home As It Starts to Ax 10k…
Meta told its North America-based employees to work from home Wednesday as it began a second round of layoffs that will immediately cut 4,000 jobs — part of a plan to eventually cull 10,000 jobs…
‘We’re Going to See a Lot of Bankruptcies’: Former CEO…
Bob Nardelli, the former CEO of Home Depot, is warning about more bankruptcies hitting the U.S. economy, and blames lawmakers for their delay in coming to terms regarding the country’s debt ceiling…
‘Woke’ Disney to Lay off Thousands, Orders Managers to Compile List of Employees to Cut…
According to a source inside Disney, the entertainment giant has ordered managers/executives to prepare budget cuts and, more notably, lists of employees to be laid off, with the expectation being that firings will begin in April…
Now Spotify Will Axe 6% of Its Workforce This Week After Similar Layoffs at Microsoft, Alphabet and Amazon…
Spotify is laying off thousands of staff as the tech sector continues to suffer a ‘richcession’ gutting the industry of white collar jobs…
Full Memo: Microsoft to Cut 10k Jobs, About 5% of Workforce, and Take $1.2B Restructuring Charge…
Microsoft laying off 10,000 employees out of a workforce of 220,000 begins today…
Hiring Hits Series High, Job Openings Beat Forecast…
The Bureau of Labor Statistics (BLS) JOLTS report beat expectations, with the hiring hitting a series high and a number of job openings rising to 7.449 million on the last business day of April. The consensus forecast was looking for an even 7.4 million. Hires increased slightly to a new high at 5.9 million, and […]
Ford to Lay Off 7,000 White Collar Workers in Final Wave of Salaried Job Cuts…
Ford Motor Co. said Monday it is planning to layoff white collar 7,000 workers, with 800 coming this summer — most in the Detroit area. The automaker said the layoffs will start with 500 salaried workers leaving involuntarily this week and another 300 in June. The majority of the affected workers will be notified Tuesday. […]
FLASHBACK: Ford Expects to Cut Jobs in Restructuring…
Clinton Foundation in Disarray After Hillary’s Election Loss…
Three months after Hillary Clinton’s stunning election loss to Donald Trump, her family foundation is facing vexing questions about its ability to exist. “The foundation is still grappling with its place in the era of President Trump,” the New York Times reports. “It faces some daunting challenges: a drop in fund-raising during the campaign; uncertainty […]