Layoffs and Job Reductions – Page 56

Brisk Wage Gains in December Could Keep the Fed Watchful

Average hourly earnings climbed 0.4 percent from the previous month, and 4.1 percent compared to a year earlier. That was faster than economists expected.

By Jeanna Smialek

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The Messenger, Which Aimed to Transform Media, Faces Dire Financial Straits

The company, which debuted last year with big plans to disrupt journalism, generated only $3 million in revenue by the end of December.

By Benjamin Mullin

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Xerox to Cut 15% of Its Work Force in the First Quarter of 2024

The move is the printer maker’s latest as it tries to shift more toward its business services offerings.

By Santul Nerkar

Layoffs and Job Reductions Messenger, The (News Co) Start-ups

The Messenger Plans Layoffs Amid Hunt for Cash

The company, an aggressive entrant to the digital news space, is expected to cut roughly two-dozen employees this week.

By Benjamin Mullin