In a presidential battleground state, electric vehicles have emerged as a contested piece of the economic future — a job-killer or a job-creator.
Category: Layoffs and Job Reductions
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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.
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Snap Lays Off 10% of Its Work Force
The company laid off more than 500 of its employees on Monday, or about 10 percent of its global work force.
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Job Market Starts 2024 With a Bang
U.S. employers added 353,000 jobs in January, far exceeding forecasts, and revised figures showed last year was even stronger than previously reported.
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Generative A.I.’s Biggest Impact Will Be in Banking and Tech, Report Says
For some companies, the new technology is an opportunity to enhance productivity and profit. Will their workers benefit as well?
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The Messenger to Close After Less Than a Year
By closing less than a year after it launched, The Messenger is now one of the biggest busts in the annals of online news.
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UPS to Cut 12,000 Jobs as Wages Rise and Package Volumes Fall
After what the company called a “difficult and disappointing” 2023, UPS said the cuts would save $1 billion this year.