A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
Peloton also announced that it’s eliminating 400 jobs, which will help the company cut $200 million in costs. The company ...
The labor market may be hot by historical standards, but it’s getting colder for job seekers, who saw the pickings in “help ...
UPMC IS CUTTING ABOUT 1000 JOBS, OR ABOUT 1% OF ITS WORKFORCE. A SPOKESPERSON SAYS THE LAYOFFS ARE SYSTEM WIDE, PRIMARILY AMONG NON-CLINICAL AND ADMINISTRATIVE STAFF. SOME OF THE CUTS WILL BE ...
AN office worker has revealed how he decided to quit their job after 20 years to pursue their eBay hobby full-time - and they now make a six-figure salary. US-based Matt Ringler realised he was ...
Tesla layoffs: Elon Musk termed the recent job cuts at Tesla a “necessary step" to reorganize the company for the next phase of growth. Elon Musk-owned Tesla registered a massive drop in its ...
Tesla will cut 3,332 jobs in California and eliminate 2,688 positions in Texas, starting June 14, the notices showed. "Tesla has now created over 30,000 manufacturing jobs in California!" ...
opens new tab is targeting around 400 job cuts at its German gigafactory near Berlin, or about 3% of the plant's total workforce, it said on Tuesday, adding it was hoping to achieve this without ...
HONG KONG – Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists and employers look to trim highly compensated staff, according to Bloomberg Intelligence.
The price cuts follow Tesla's recent announcement that its global vehicle deliveries in the first quarter experienced a decline for the first time in nearly four years. The leading electric ...