Tag Layoffs

Why RTO mandates are layoffs in disguise, according to workplace consultants: ‘Companies are daring employees to quit’

Why RTO mandates are layoffs in disguise, according to workplace consultants: ‘Companies are daring employees to quit’

The return-to-office debate sees no finish in sight as corporations grapple with mandates and the worker backlash that follows.   While a whopping 90% of companies plan to implement return-to-office insurance

Continue ReadingWhy RTO mandates are layoffs in disguise, according to workplace consultants: ‘Companies are daring employees to quit’

Flexport founder publicly slams his handpicked successor for excessive hiring, rescinds offers

Flexport founder publicly slams his handpicked successor for excessive hiring, rescinds offers

Ryan Petersen, chief government officer of Flexport, participates in a panel dialogue in the course of the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4,

Continue ReadingFlexport founder publicly slams his handpicked successor for excessive hiring, rescinds offers

Roku to lay off 10% of workforce, stock jumps

Roku to lay off 10% of workforce, stock jumps

Roku merchandise organized in Hastings-On-Hudson, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Roku stated it should lay off 10% of its workforce, or about 360

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This recession indicator may be a ‘damaged odometer for the economic system,’ expert says. Where forecasts stand now

This recession indicator may be a ‘damaged odometer for the economic system,’ expert says. Where forecasts stand now

Westend61 | Westend61 | Getty Images Experts have been pointing to a coming downturn for the U.S. economic system. The query was when. Now, nevertheless, some companies and specialists are

Continue ReadingThis recession indicator may be a ‘damaged odometer for the economic system,’ expert says. Where forecasts stand now

Juul to cut 30% of its workforce in bid to slash costs and boost profitability

Juul to cut 30% of its workforce in bid to slash costs and boost profitability

Juul Labs signage is seen in the window of a retailer in San Francisco, June 25, 2019. David Paul Morris | Bloomberg | Getty Images Juul Labs stated Wednesday it

Continue ReadingJuul to cut 30% of its workforce in bid to slash costs and boost profitability

‘Soft touchdown, no recession,’ Bank of America now predicts. Here’s what consumers can expect

‘Soft touchdown, no recession,’ Bank of America now predicts. Here’s what consumers can expect

Lucigerma | Istock | Getty Images Predictions {that a} recession may be looming for the U.S. financial system have to this point not come to fruition. Now, some specialists are

Continue Reading‘Soft touchdown, no recession,’ Bank of America now predicts. Here’s what consumers can expect

15 years of low interest rates reshaped the U.S. economic system. Here’s what’s changing as rates stay higher for longer

15 years of low interest rates reshaped the U.S. economic system. Here’s what’s changing as rates stay higher for longer

The United States is coming into a brand new financial period as the Federal Reserve hikes its benchmark interest price. In July 2023, the federal funds efficient price stood above

Continue Reading15 years of low interest rates reshaped the U.S. economic system. Here’s what’s changing as rates stay higher for longer

WBD chief Zaslav contacted filmmakers Scorsese, Spielberg to quell fears around TCM layoffs

WBD chief Zaslav contacted filmmakers Scorsese, Spielberg to quell fears around TCM layoffs

David Zaslav Olivia Michael | CNBC Warner Bros. Discovery workers confronted one other spherical of layoffs this week, notably these within the cable-TV community facet of the enterprise. The layoffs

Continue ReadingWBD chief Zaslav contacted filmmakers Scorsese, Spielberg to quell fears around TCM layoffs

Grab cuts 1,000 jobs, its biggest round of layoffs since the pandemic

Grab cuts 1,000 jobs, its biggest round of layoffs since the pandemic

The headquarters of Grab Holdings Ltd., in Singapore. Grab Holdings Ltd., reported its newest earnings on Feb. 23, 2023. Bryan van der Beek | Bloomberg | Getty Images Singapore-based Grab

Continue ReadingGrab cuts 1,000 jobs, its biggest round of layoffs since the pandemic