The company laid off more than 500 of its employees on Monday, or about 10 percent of its global work force.
Category: Layoffs and Job Reductions
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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.
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The Eugene Weekly Will Resume Printing After Embezzlement Discovery
The Eugene Weekly was forced to lay off all 10 of its staff members last month after it discovered tens of thousands of dollars in unpaid bills.
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My Life as a Neighborhood Crank
When you have no job, and too much time on your hands, the little things begin to grate.
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My Life as a Neighborhood Crank
When you have no job, and too much time on your hands, the little things begin to grate.
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Business Insider Laying Off 8% of Staff
In an internal note about the job cuts, the company’s chief executive cited its plan to shift focus solely to news coverage of business, tech and innovation.