The largest U.S. crypto exchange said it was cutting jobs because of cryptocurrency market volatility and to “optimize” for the artificial intelligence era.
Category: Layoffs and Job Reductions
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China’s Economy Starts to Show Cracks From Iran War
China’s strategic reserves of oil and natural gas have insulated it somewhat, but its manufacturing-based economy is beginning to falter.
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Nike to Cut 1,400 Jobs as Part of Its Turnaround Plan
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.
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A.I. Is Eliminating Jobs on Wall Street
“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
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.
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
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 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
A study tracks how the North American Free Trade Agreement and trade competition with Mexico led to earlier deaths for American factory workers.