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....
personnel
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
Amazon Appeal to Union Victory in New York Rejected
BusinessCompany says union used inappropriate methods to sway voters Source link
Tech Industry Reversal Intensifies With New Rounds of Layoffs
TechCompanies that grew rapidly during pandemic are now reducing spending and staffing, sometimes repeatedly Source link
Hiring, Wage Gains Eased in December, Pointing to a Cooling Labor Market in 2023
Employers added 223,000 jobs in December, the smallest gain in two years Source link
Stitch Fix to Cut 20% of Salaried Jobs, CEO Stepping Down
The personal shopping and styling company’s chief executive, Elizabeth Spaulding, had been in the position for less than 18 months...
WSJ News Exclusive | Amazon Layoffs to Hit Over 17,000 Workers, the Most in Recent Tech Wave
WSJ News ExclusiveTechCuts focused on the company’s corporate staff exceed earlier projection Source link
Job Openings Held Nearly Steady in November, Showing Still-Strong Labor Demand
The historically high levels of available positions showed demand for labor remained strong at the end of 2022. Source link
Get Ready for the Richcession
If the economy enters a recession in 2023, or even if it manages to narrowly evade one, it might be...
More Bosses Order Workers Back to the Office as Job Market Shifts
BusinessManagementManagement & CareersVanguard Group, Paycom Software and others push staffers to return on required days, but some employees are pushing...
