Layoffs and Job Reductions – Page 77 – MOSAEC

California Economy Is on Edge After Tech Layoffs and Studio Cutbacks

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California Economy Is on Edge After Tech Layoffs and Studio Cutbacks

As recession fears persist, the troubles in major industries have hurt tax revenues, turning the state’s $100 billion surplus into a deficit.

By Kurtis Lee

Work From the Office, Get Laid Off at Home

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Work From the Office, Get Laid Off at Home

McDonald’s temporarily closed its corporate offices this week so it could lay off workers virtually. Was that a good idea?

By Sarah Kessler Lauren Hirsch and Michael J. de la Merced

Job Openings Fell in February, JOLTS Report Shows

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Job Openings Fell in February, JOLTS Report Shows

The data shows the job market continues to ease off its red-hot pace, but there are still more openings than unemployed workers in the country.

By Lora Kelley

Richard Branson’s Virgin Orbit Files for Bankruptcy

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Richard Branson’s Virgin Orbit Files for Bankruptcy

The satellite launch company, founded by Richard Branson, announced sweeping cuts last week as it struggled to recover from a high-profile rocket failure in January.

By Kevin Granville