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layoff
Businesses Stocking Up Due to Possible Tariff Hike | Business Matters (Nov. 20)
During his campaign, Trump promised to impose tariffs of 60 percent on all Chinese goods. As a result, some American businesses are stockpiling imported goods. Some economists think the surge ...
November 20, 2024
BY
Don Ma
Boeing to Cut 2,500 Jobs in Sweeping Layoffs | Business Matters (Nov. 19)
Boeing in a filing Monday said it had sent layoff notices to over 2,500 workers in the states ...
November 19, 2024
BY
Don Ma
Low-Cost Carrier Spirit Airlines Files for Bankruptcy | Business Matters (Nov. 18)
Spirit Airlines filed for bankruptcy protection on Monday, after struggling with a long run of quarterly losses, a ...
November 18, 2024
BY
Don Ma
Federal Reserve May Have More Rate Cuts Planned | Business Matters (Nov. 15)
More interest rate cuts are likely, according to the chair of the Federal Reserve, Jerome Powell. However, Powell ...
November 15, 2024
BY
Don Ma
Unemployment Rate Hits 32-Month High; Intel Shares Fall 26 Percent in One Day | Business Matters Full Broadcast (Aug. 2)
The U.S. economy added just 114,000 jobs compared to the 175,000 expected, and the unemployment rate has risen ...
August 2, 2024
BY
Don Ma
Binance Founder Sentenced to 4 Months in Prison | Business Matters Full Broadcast (April 30)
Binance founder Changpeng Zhao was sentenced Tuesday to four months in prison for allowing rampant money laundering on ...
April 30, 2024
BY
Don Ma
Tesla Laying Off Over 2,000 Employees in Texas Amid Global Workforce Slash
Tesla owner Elon Musk says the layoffs 'will enable us to be lean, innovative, and hungry for the ...
April 23, 2024
BY
Tom Ozimek
Levi’s Cutting up to 15 Percent of Workforce as Layoffs Expand in San Francisco
The news comes amid a restructuring at the top of the San Francisco-based company.
January 30, 2024
BY
Travis Gillmore
Online Furniture Retailer Wayfair to Cut 1,650 Jobs
Wayfair said on Friday it would lay off 1,650 employees, or about 13 percent of its workforce, sending ...
January 19, 2024
BY
Reuters
Spotify to Cut 1,500 Employees in 3rd Layoff Round This Year
STOCKHOLM—Music streaming giant Spotify said on Monday that it will lay off around 1,500 employees, or 17 percent ...
December 4, 2023
BY
Reuters
How Tech Leaders Should Approach Layoffs—and How to Build Trust With Remaining Employees
By Dr. Laura Hambley Lovett The layoff wave that rocked the tech industry has begun to recede, but ...
September 9, 2023
BY
Entrepreneur
Telus Announces 6,000-Person Layoff, Reports 61% Drop in Q2 Net Income
Telus Corp. says it is cutting 6,000 jobs. The Vancouver-based telecommunications company said the reduction announced Friday includes ...
August 4, 2023
BY
The Canadian Press
KPMG to Cut 5 Percent of US Jobs in Fresh Round of Layoffs
KPMG is laying off 5 percent of its U.S. employees after feeling the pinch of "economic headwinds, coupled ...
June 26, 2023
BY
Reuters
Drugmaker Amgen Lays Off 300 US Employees
Drugmaker Amgen Inc. said on Monday that it let go about 300 U.S. employees or about 1.2 percent ...
January 30, 2023
BY
Reuters
Salesforce to Cut 10 Percent of Workforce in Latest Tech Layoffs
Salesforce Inc. plans to cut its workforce by 10 percent and close some offices, saying it needs to ...
January 4, 2023
BY
Reuters
10 Things to Do If You Are Laid Off
Whether or not you expect it, a layoff is traumatizing. Through no fault of your own, one minute ...
November 14, 2022
BY
Anne Johnson
Capitol Report (Nov. 4): Soros Spends $126 Million on Democrats; Mass Layoffs in Tech Sector
Billionaire George Soros is the biggest midterm political donor so far. He's given over $100 million to help ...
November 4, 2022
BY
Steve Lance
Lyft to Lay Off 13 Percent of Staff in Inflation-Induced Cost-Cutting Push
Ride-sharing company Lyft is laying off 13 percent of its staff, or about 700 employees, excluding drivers, as ...
November 3, 2022
BY
Naveen Athrappully
Half of US Companies Looking to Slash Jobs: PwC Survey
As signs of a U.S. economic slowdown mount, about half of American companies are planning to cut jobs, ...
August 22, 2022
BY
Tom Ozimek
Twitter Says It Is Not Planning Big Layoffs
Twitter Inc. is not looking at company-wide layoffs but could likely continue to restructure the business, the social ...
July 15, 2022
BY
Reuters
Twitter Exodus Continues Amid Buyout Battle with Elon Musk
Twitter said it's experiencing somewhat elevated levels of staff attrition amid the social media giant's buyout battle with ...
July 14, 2022
BY
Tom Ozimek
PIMCO Chief Warns About Potential US Recession, ‘Significant Growth Slowdown’
Andrew Balls from investment firm PIMCO has warned about the possibility of a recession in the United States, ...
June 30, 2022
BY
Naveen Athrappully
Disney to Lay Off About 28,000 Parks Employees Due to Coronavirus Hit
LOS ANGELES—Walt Disney Co will lay off roughly 28,000 employees in its theme parks division, the company said ...
September 30, 2020
BY
Reuters
Lufthansa to Cut Leadership Positions, 1,000 Admin Jobs
BERLIN—Germany's Lufthansa airlines will cut 20 percent of its leadership positions and 1,000 administrative jobs in a restructuring ...
July 7, 2020
BY
Reuters
WestJet to Lay Off More Than 3,300 Workers Under Restructuring Plan
WestJet Airlines Ltd. says it will lay off 3,333 employees as part of a major restructuring amid the ...
June 24, 2020
BY
The Canadian Press
Carnival to Lay Off Hundreds in Florida, Other States
MIAMI—Carnival Corp., the world’s largest cruise company, announced on May 14 it will be laying off hundreds of ...
May 15, 2020
BY
The Associated Press
Oracle Lays Off 900 Employees in China in Plan to Shut R&D Centers
Oracle, the world's largest database software and technology company, has begun laying off about 900 employees at its ...
May 9, 2019
BY
Nicole Hao
TOP NEWS
Trump Urges Netanyahu Not to Retaliate After Iran’s Missile Attack
NEW
By
T.J. Muscaro
America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
NEW
By
Epoch Times Staff
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
4hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
5hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
6hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
7hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
9hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
9hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
10hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
14hr
By
Lawrence Wilson