Most of the layoffs will affect tech workers as the athletic giant tries to reverse a yearslong sales slump. It’s the second round of cuts this year.
Category: Layoffs and Job Reductions
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Nike to Cut 1,400 Jobs as Part of Its Turnaround Plan
The New York Times – Business: -
A.I. Is Eliminating Jobs on Wall Street
The New York Times – Business:“A.I. gives us places to go we haven’t gone,” said one bank’s chief executive.
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A Year After U.S.A.I.D.’s Death, Fired Workers Find Few Jobs and Much Loss
The New York Times – Business:People have plowed through savings, cashed out retirement funds and moved in with relatives. Former U.S.A.I.D. workers estimate that less than half have found full-time work.
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This Is a Hard Time to Start a Career. These Two Words Can Help.
The New York Times – Business:Advice on building a rewarding work life, even amid employment gloom.
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March Jobs Report Shows Stronger U.S. Market Than Expected With 178,000 New Positions
The New York Times – Business:Payrolls expanded and unemployment dropped last month after a health care strike ended and a harsh winter abated.
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Epic Games Lays Off Over 1,000 Employees, Citing Fortnite Slump
The New York Times – Business:The cut represents about 20 percent of the video game company’s work force, a spokeswoman said.
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‘A Lot of Life Years Lost’: How NAFTA Shortened American Life Spans
The New York Times – Business:A study tracks how the North American Free Trade Agreement and trade competition with Mexico led to earlier deaths for American factory workers.
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Coders Coded Their Job Away. Why Are So Many of Them Happy About It?
The New York Times – Business:In the era of A.I. agents, many Silicon Valley programmers are now barely programming. Instead, what they’re doing is deeply, deeply weird.
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Abrupt Change for Warner Bros. Prompts Many Grim Faces
The New York Times – Business:Employees at the company had started to warm to the idea of Netflix as its corporate owner. Now they face the prospect of major cuts under Paramount.
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Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.
The New York Times – Business:About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said.