The company’s issues date back years, employees said, and were compounded by the pandemic, when it lost thousands of experienced workers.
Category: Layoffs and Job Reductions
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How Boeing Favored Speed Over Quality for the 737 Max
Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly.
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Inside Amira Yahyaoui’s Claims about Mos, a Student Aid Start-Up
Amira Yahyaoui, a human rights activist, promoted the success of her student aid start-up, Mos. Some of her statements do not add up, according to internal data and people familiar with the company.
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Unilever to Spin Off Ben & Jerry’s and Cut 7,500 Jobs
The consumer goods giant said the moves would make for a “simpler, more focused company” as consumers trade down to cheaper brands amid high inflation.
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China’s Exports Surge Are Drawing a Global Backlash
Increasing overseas sales of manufactured goods are helping China’s economy and creating employment, but countries from Europe to South Asia may lose jobs.
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U.S. employers added 275,000 jobs last month.
Economists are trying to gauge whether last year’s forecasts of a slowing labor market were mistaken or simply premature.
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U.K. to Cut Taxes Again as Election Nears
The Conservative government, trailing badly in the polls, proposed the second tax cut in four months.
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Unemployment Casts a Shadow Over California’s Economy
Tech layoffs, fallout from Hollywood strikes and an uptick in rural joblessness challenge a state with one of the nation’s highest unemployment rates.
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Vice Media to Lay Off Hundreds of Workers
Vice Media, which emerged from bankruptcy last year, is planning to cut hundreds of its more than 900 employees.