You Searched For "Job cuts" and got 20 results
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1 min read
Boeing announces global job cuts in the middle of workers’ strike, 17,000 people could lose their jobs
Boeing is cutting 17,000 jobs, or 10% of its workforce, amid a strike by 33,000 U.S. workers haltin…
2 mins read
US stocks rally as big jobs-report miss fuels rate-cut hopes, Amazon soars
The weak jobs data was driven by hurricanes and labor strikes. Investors were encouraged that the r…
Matthew Fox
1 min read
Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs
Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and c…
Tom Carter
2 mins read
Stock market today: Indexes jump as Amazon lifts tech and jobs data boosts rate-cut views
"The Fed will likely cut rates in the remaining two meetings as economic conditions weakened," LPL …
Matthew Fox
1 min read
Boeing is raising $10 billion as it deals with striking workers and thousands of job cuts
Boeing announced it has entered a credit agreement with four banks to raise $10 billion as a mass s…
Pete Syme
4 mins read
Meta layoffs are the latest sign that constant job cuts are the new Big Tech normal
Recent layoffs at Meta point to a tech industry playbook of making recurring cutbacks. Yet these re…
Tim Paradis
1 min read
Dell's job cuts aren't over yet
The company said in an SEC filing on Tuesday that it plans to limit external hiring and reorganize …
Nora Redmond
2 mins read
The September jobs report dashed hopes for another jumbo rate cut next month
Odds of a 50-basis-point cut in November dropped from 33% before the jobs report to about 9% in a m…
Filip De Mott
1 min read
The Fed could pause rate cuts at its meeting next week if the October jobs report is hot, Wharton professor Jeremy Siegel says
The Fed could pause rate cuts if the October jobs report is hot, Siegel said. The September report …
Jennifer Sor
2 mins read
'We are nothing but numbers to them, fat to be trimmed off': General Motors employee reacts to layoffs
A General Motors employee took to LinkedIn and shared his experience of getting laid off. He reveal…
2 mins read
Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut
Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to …
Filip De Mott
5 mins read
Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut
The spotlight is on earnings season after a surprise jobs report called into question when the next…
Dan DeFrancesco
2 mins read
Microsoft job cuts continue, company lays off hundreds of employees in Xbox gaming division
Microsoft has announced layoffs in its Xbox gaming division, affecting corporate and support roles.…
2 mins read
The job market is reaching a turning point that will usher even steeper Fed rate cuts, top economist says
The ratio of job openings to the unemployment rate has plummeted over the past year, top economist …
Jennifer Sor
4 mins read
Worries about the election could be cutting into some workers' productivity
Election stress can impact workers' productivity. One expert says managers should be sensitive to p…
Tim Paradis
4 mins read
Job-hunting in 2024 has a modern dating element — ghosting!
Ghosting, the abrupt end of communication without explanation associated with modern dating, is now…
5 mins read
US economy's fate hangs on jobs report as Fed decides how deep cuts will go
Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a t…
Dan DeFrancesco
3 mins read
Americans are probably getting another interest rate cut this week — just days after the election
It's likely that the Federal Reserve will cut interest rates by a quarter point on Thursday, closin…
Ayelet Sheffey,Madison Hoff
2 mins read
Cooling jobs data might beat out inflation in forcing the Fed to deliver a big rate cut, Goldman Sachs CEO says
Most investors see a 25 basis point cut on the horizon, but Goldman's David Solomon says a bigger m…
Kelly Cloonan
2 mins read
The August jobs report reinforces 'waning vigor' in the labor market and the Fed should deliver a big rate cut, JPMorgan says
JPMorgan chief economist Michael Feroli says the Fed should cut 50 basis points this month as the A…