WSJ News Exclusive | Disney Lays Off More Than 300 Streaming-Focused Employees in China
The entertainment company began this week to carry out the first wave of its plan to cut 7,000 jobs. Source...
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Elon Musk Offers Employees Stock Grants Valuing Twitter at About $20 Billion
TechNew stock will start to vest after six months, according to an email Source link
UAW Members Elect Reform Candidate as President
Shawn Fain will take charge of the union ahead of contract talks with Detroit auto makers set to begin this...
Amazon to Cut 9,000 More Jobs After Earlier Layoffs
CEO Andy Jassy cited an ‘uncertain economy’ and more uncertainty in the near future. Source link
Stanley Black & Decker to Close Texas, South Carolina Plants
BusinessTool maker says moves will affect 357 employees; 80 jobs will be added at Tennessee facility Source link
Job Listings Abound, but Many Are Fake
A mystery permeates the job market: You apply for a job and hear nothing, but the ad stays online for...
Labor Strife at New York Times Intensifies, Dividing Staff
The publisher calls the lack of progress in negotiations troubling, as staffers air frustrations in Slack. Source link
Facebook Parent Meta Plans 10,000 Job Cuts in New Round of Layoffs
TechCEO Mark Zuckerberg, in email to employees, talks about the advantages of a leaner organization Source link
WSJ News Exclusive | Meta Plans New Layoffs That Could Match Last Year’s in Scope
Facebook’s parent is planning additional job cuts in multiple rounds over the coming months that in total would be roughly...
WSJ News Exclusive | Baidu Scrambles to Ready China’s First ChatGPT Equivalent Ahead of Launch
Employees working round-the-clock say the AI chatbot, dubbed Ernie Bot, is still in training mode ahead of a planned March...
Executives Lose a Coveted Status Symbol—Their Assistants
A dedicated admin is now a rare perk as companies cut jobs and technology automates many tasks. Source link
NTSB to Probe Norfolk Southern Safety Culture After Derailments, Accidents
BusinessRailroad CEO slated to testify before Senate panel Thursday about Ohio derailment Source link
Bars, Hotels and Restaurants Become the Economy’s Fastest-Growing Employers
Operators of hotels, bars and restaurants—hit hard as the Covid-19 pandemic took hold—are now among the country’s fastest-growing employers, offsetting...
Caterpillar Commits to Not Closing Union Plants Under New Contract
A tentative six-year pact with the United Auto Workers also provides raises and bonuses for about 7,000 workers in Illinois...
How Chili’s Is Prepping for Tough Times, Starting With the Fries
Rising costs and a shortage of workers are pushing the Southwest-style restaurant chain to do more with lessTanner Davison dining...
Amazon Pausing Construction of Washington, D.C.-Area Second Headquarters
A first phase of the project with two office towers is nearly complete. Source link
How Do Noncompetes Affect Jobs and Pay? Ask a Hair Stylist
When Karrie Williams graduated from beauty school, she went to work at a Drybar in Bethesda, Md. Drybar’s noncompete clause,...
Mass Layoffs or Hiring Boom? What’s Actually Happening in the Jobs Market
By Sarah Chaney Cambon and Ray A. SmithFeb. 9, 2023 8:01 am ETListen to article(2 minutes)Interest rates are rising, inflation...
Dell to Lay Off More Than 6,500 Workers or 5% of Workforce
The computer maker said it is reorganizing certain teams as market conditions continue to erode. Source link
Activision Blizzard Paying $35 Million to Resolve SEC Investigation
Activision Blizzard agreed to pay $35 million to settle regulatory claims tied to its process for deciding how its disclosures...
