Layoffs fell back to 1.8 million in May, the same level as February, after climbing to a record high of 11.5 million in March and staying quite high in April at 7.7 million. But despite the drop, the ...
Still, layoff activity hit those fields reporting high anxiety about losing their jobs particularly hard in recent months. In ...
(MENAFN- IANS) San Francisco, March 10 (IANS) The weekly jobless claims have hit record high in the US, and more waves of layoffs could be ... laid off more than 1.2 lakh workers globally.
The rate for this industry soared by 0.8 percentage point — from 1.5% in December to 2.3% ... why do layoffs feel like they're everywhere? Part of it is that they're concentrated in high ...
Meta’s stock price jumped 2% in premarket ... January 3rd to hit a closing high of $191.62. It has since pulled back slightly from these highs, but the latest talk of further layoffs — or ...
The biggest tech layoffs have occurred at high-profile companies. Here are some of the biggest layoffs in tech since 2022, beginning with the most recent: On March 20, Amazon announced plans for ...
While media and entertainment layoffs ... a high-flying rocket ship, Netflix saw its wings clipped in 2022 as the dominant streaming platform clocked subscriber losses and a subsequent hit to ...
An auto industry manufacturer is permanently shuttering its Rowan County site, northeast of Charlotte, leaving over 80 people without jobs, according to a recent filing with the state Commerce ...
The tech industry has seen a string of layoffs in the face of uncertain economic ... The company also is taking a $1.2 billion charge. "I'm confident that Microsoft will emerge from this stronger ...
That means not necessarily mass layoffs, but it could be 2%-4% workforce reductions.” The tight labor market for high-tech roles may mean people who lose their jobs can find a new one quickly.
Talks of smaller export demand prompt profit-taking in late session -trader * Palm oil faces resistance at 2,738 ringgit -technicals * Feb palm stocks seen falling to 1.8 mt, prices to hit 2,900 ...
The European Union’s emissions fell by 2.5%, thanks to record deployment of renewables, which helped ensure the use of coal was not as high as some ... wells in order to hit ambitious climate ...