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...
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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...
Honeywell Revenue Rises 6% as Company Signals Slowing Growth
BusinessEarningsManufacturer predicts growth will slow in its initial 2023 outlook after challenging year Source link
U.S. Job Openings Jumped at End of Last Year
Demand for workers has been elevated since mid-2021. Layoff totals increased slightly in December as some companies announced job cuts....
Employment-Cost Report Shows Worker Pay Gains Held Nearly Steady in Fourth Quarter
Employer spending on wages and benefits remained elevated last quarter but showed modest signs of cooling. Source link
Memory-Chip Makers Face a Prolonged Price Slump
Prices of the chips are expected to keep falling in the first half of 2023, putting more pressure on an...
DOJ Seeks to Ban Sam Bankman-Fried From Contacting FTX Employees
Prosecutors alleged the founder of the failed cryptocurrency exchange contacted a potential witness in his criminal case. Source link
Goodyear to Cut 500 Jobs, Warns of Earnings Shortfall
The tire maker is shedding roughly 5% of its salaried staff around the world, joining a raft of companies trimming...
Surge in Hiring by Small Business Complicates Fed’s Effort to Cool Economy
EconomyU.S. EconomyCentral bankers point to labor market as a primary driver of high inflation Source link
Spotify to Cut 6% of Workforce in Latest Tech Layoffs
TechStreaming company says move is part of broader cost-cutting measures Source link
How Apple Has So Far Avoided Layoffs: Lean Hiring, No Free Lunches
The iPhone maker’s workforce grew 20% in the past three years, a far slower pace than rivals. Source link
Microsoft Plans to Announce Layoffs as Early as Wednesday Morning
The software giant would join other tech companies that since the start of the new year have trimmed their ranks....
Medical Residents Unionize Over Pay, Working Conditions
Physicians-in-training at top teaching hospitals across the country are joining unions, demanding higher pay and better working conditions.The Committee of...
Workers Lose Ground to Inflation Despite Big Wage Gains
EconomyRecent data suggest a shift is under way, with paycheck totals gaining as inflation recedes Source link
WSJ News Exclusive | Beyond Meat’s Chief Brand Officer Beth Moskowitz Leaves Company
Beth Moskowitz departs the plant-based meat alternative pioneer as the company seeks to turn its business around. Source link
