Tech layoffs, fallout from Hollywood strikes and an uptick in rural joblessness challenge a state with one of the nation’s highest unemployment rates.
Category: Layoffs and Job Reductions
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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.
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Vice’s New Owners Prepare to Slash What’s Left of Its Work Force
Vice Media, which emerged from bankruptcy last year, is planning to cut hundreds of its more than 900 employees, according to people familiar with the matter.
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U.S. Economy: Has an Era of Increased Productivity Returned?
The last time the U.S. economy was posting surprising economic growth numbers was 1994. Economists see parallels that make them think it could happen again.
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For Michigan’s Economy, Electric Vehicles Are Promising and Scary
In a presidential battleground state, electric vehicles have emerged as a contested piece of the economic future — a job-killer or a job-creator.
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China’s Investors Are Losing Faith in Its Markets and Economy
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
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Paramount Lays Off Hundreds of Workers
The company, which is moving away from traditional TV, lost more than $1 billion last year at its streaming division.
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Journalists Who Were Laid Off Mourn Their Jobs Over Tacos and Beer
Hundreds of newsroom staff have been laid off in the last month. On Friday, they gathered to commiserate at the National Press Club.
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Boeing, Still Recovering From Max 8 Crashes, Faces a New Crisis
The incident on an Alaska Airlines 737 Max 9 plane is likely to increase Boeing’s costs and scrutiny of the manufacturer by regulators, airlines and travelers.