The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. They did so to control costs during an uncertain economic climate in which investors are unsure if the Federal Reserve will cut interest rates later this year, Reuters reported Tuesday (April 16). Citigroup made the biggest reduction, eliminating some 2,000 jobs during the […]
WASHINGTON >> America’s employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates.
Both Apple and Amazon announced mass layoffs this week across specialty divisions as the tech sector continues to be hit hard by job cuts.
An SEC filing made by Take-Two reveals that it expects the cost-cutting efforts, which it calls "rationalizing its pipeline" and "streamlining its organizational structure," to incur costs of up to $200 million, including $35 million from employee-related costs and $140 million from canceled projects. There are also $15 million toRead Entire Article
The CEO of Galaxy Investment Partners, Mike Novogratz, has voiced his concerns over the potential implications of a rate cut by the Federal Reserve on cryptocurrency and precious metals. read more
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These sites are not run by Amazon. You should be very careful of any website that guarantees you money for testing products.
Alphabet's Google trimmed an unspecified number of employees from its workforce, a move it stated is part of a wider restructuring intended to simplify operations and increase efficiency.
The restructuring plans were due to reduced demand, not external factors like the labour market situation, the company said.
The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. Google laid off an unspecified number of workers, though the cuts were not company-wide. The company classified them as a reorganization that was part of the normal course of business. Affected employees will be able to apply for internal roles. Google did not confirm or deny a report from Business Insider that teams in...
SALEM, Ore. — The Salem-Keizer school board and administration are preparing for $71 million in cuts in next
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