Category: Layoffs and Job Reductions

Texas Observer Reverses Plan to Shut Down and Lay Off Staff

The New York Times – Business:
Former and current staff members had fought the decision to shut down the 68-year-old magazine, a bastion of liberal opinion and investigative journalism in a red state.
Disney Lays Off Ike Perlmutter, Chairman of Marvel Entertainment

The New York Times – Movies:
The move was part of a company cost-cutting campaign and came after Mr. Perlmutter was part of an unsuccessful attempt to shake up Disney’s board.
Tinkering With ChatGPT, Workers Wonder: Will This Take My Job?

The New York Times – Business:
Artificial intelligence is confronting white-collar professionals more directly than ever. It could make them more productive — or obsolete.
Twitter Says Parts of Its Source Code Were Leaked Online

The New York Times – Business:
The leak adds to the challenges facing the Elon Musk-owned company, which is trying to unmask the person responsible and any other people who downloaded the code.
The Chaotic, Dispiriting Work of Liquidating Harmon Stores

The New York Times – Business:
Employees of the beauty and health chain said Bed Bath & Beyond’s decision to shut it down had caught them by surprise. Communication never got better.
The Week in Business: A Banking Crisis

The New York Times – Business:
Meta conducts another round of layoffs. Fresh inflation data shows price increases remain stubborn. And TikTok’s C.E.O. will testify before Congress this week.
Meta, Facebook’s Parent, to Lay Off Another 10,000 Workers

The New York Times – Business:
It would be the tech company’s second round of cuts since November. Mark Zuckerberg, its chief executive, has declared 2023 the “year of efficiency.”
Jobs Report to Offer Fresh Reading on Labor Market’s Tenacity

The New York Times – Business:
After a blockbuster opening to the year, economists expect the February data to show the return of a gradual slowdown in hiring.
Jobs Report to Offer Fresh Reading on Labor Market’s Tenacity

The New York Times – Business:
After a blockbuster opening to the year, economists expect the February data to show the return of a gradual slowdown in hiring.
Job Openings Fell Slightly in January; Layoffs Rose

The New York Times – Business:
The monthly data points to a cooling in the frenetic pace of hiring even as the labor market remains strong.
The Perils of Working on a C.E.O.’s Pet Project

The New York Times – Business:
Big tech companies have long been willing to fund efforts with no obvious payoff. But those groups have been hit hard in recent layoffs.
Amazon Pauses Work on 2nd Headquarters in Virginia

The New York Times – Business:
The delay is the latest reminder that the tech industry’s pandemic-fueled boom has slowed and another indicator of how remote work has changed office-space needs.