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The world’s biggest retailer has laid off hundreds of workers in its store planning, logistics and real estate units.
July 30 -
While recessions are almost impossible to predict, employers can plan for the financial impact caused by workforce adjustments that inevitably happen every year.
July 29Custodia Financial -
The cuts are needed because the coronavirus pandemic is still battering demand for flights, the company told employees Wednesday.
July 17 -
Most of the firm’s professional assistants and “select professional staff” will move to a shorter work week and will see compensation reductions.
June 5 -
“Employers are grappling with the seemingly endemic skills gaps in healthcare, supply chain and skilled trade fields,” says Rachel Carlson, CEO of Guild Education.
May 11 -
With factories, schools and shops shuttered around the world, lockdowns, pay cuts and layoffs are affecting 38% of the global workforce.
April 8 -
During recessions, not only do layoffs accelerate, but hiring drops sharply, exacerbating the labor market weakness.
April 6 -
“This morning’s data leaves no doubt that the economy is currently in a recession,” said Matthew Luzzetti, chief U.S. economist at Deutsche Bank.
March 26 -
Locales with high concentrations of jobs in industries such as retail and health care could see as much as a 4% decline in their annual growth rate if the shutdowns last just a month.
March 24 -
Employers are dealing with seismic changes in the new workplace normal of entire WFH staffs, stressed-out workers — and layoffs ahead. Welcome to Remote America.
March 19