Operations in Carlsbad, Calif., Austin, Texas, and Portland, Ore., will cease and the retailer will aim to relocate those workers, including to its headquarters in Bentonville, Ark.
Category: Labor and Jobs
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Walmart to Close Three Tech Hubs
The New York Times – Business: -
Tesla Workers in Buffalo Begin Union Drive
The New York Times – Business:If successful, the workers who help develop Tesla’s Autopilot driver-assistance system would be the first group at the company to organize.
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Investors Await the Market Impact from Tuesday’s C.P.I. Report
The New York Times – Business:Tuesday’s Consumer Price Index data could hold big clues about the Federal Reserve’s future policy moves.
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What Layoffs? Top Wall Street Traders Score Giant Paydays
The New York Times – Business:Some large hedge funds that profited off the recent market volatility are wooing traders with tens of millions of dollars in guaranteed payouts.
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In an Uncertain Job Market, How Can Companies Retain Workers?
The New York Times – Business:Although some employees might decide to stick with their jobs when the market appears uncertain, work force reductions can, conversely, spur more quitting.
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Bernie Sanders Has a New Role. It Could Be His Final Act in Washington.
The New York Times – Business:After two unsuccessful runs for the presidency, the Vermont senator now leads the Senate health committee, a job that gives him sweeping jurisdiction over issues he cares about.
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A New Option for Moving Retirement Savings When Switching Jobs
The New York Times – Business:Three big 401(k) administrators are making it easier for workers with accounts of less than $5,000 to transfer the money to their new employers’ plans.
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How to Prepare for a Possible Layoff
The New York Times – Business:What you should do while you are still employed, how to retain important data and what you should be doing with your money.
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What Recession? Some Economists See Chances of a Growth Rebound.
The New York Times – Business:The Federal Reserve has raised rates rapidly. But instead of cracking, some data point to an economy that’s thriving.
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Immigration Rebound Eases Shortage of Workers, Up to a Point
The New York Times – Business:While the Biden administration has accelerated processing after Trump-era restrictions and a pandemic slowdown, visa backlogs remain large.