The federal government shutdown canceled a second straight jobs report, but private data sources suggest the labor market has weakened modestly since summer.
Category: Layoffs and Job Reductions
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The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse.
The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor market and resurgent inflation.
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Mass Layoffs Are Scary, but Probably Not a Sign of the A.I. Apocalypse
Despite fears that Amazon and other employers are already replacing workers with bots, the A.I. transition is likely to play out differently.
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On Eve of Shutdown Record, Trump Officials Threaten Pain Could Worsen
President Trump and administration officials indicated the fallout could intensify in the coming days, even as he has kept himself at a remove from the crisis.
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IBM to Cut Thousands of Workers Amid A.I. Boom
The technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software.
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The Workers Left Out of Trump’s Drug-Manufacturing Renaissance
President Trump wants pharmaceutical production to return to the United States. A shuttered factory in Louisiana shows how hard that will be for generic medicines.
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Starbucks Reports a Modest Sales Increase in Latest Quarter
Net income fell 85 percent, however, because of charges related to store closures and corporate layoffs.
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G.M. Will Cut 1,750 Jobs in Electric Vehicle Business
The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.
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Paramount to Lay Off 2,000 Employees
The job cuts are the result of a merger with Skydance, the Hollywood studio founded by David Ellison.
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U.S. Manufacturing’s Mixed Picture in 4 Charts
President Trump vowed to bring factories back. Is he succeeding?
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UPS Has Already Cut 48,000 Workers This Year
The delivery company said about 70 percent of the layoffs affected drivers and warehouse workers.