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Tough times ahead for small business owners
According to the U.S. Chamber of Commerce, nearly a quarter of small businesses (which employ more than half of all U.S. workers) may close permanently within two months without a financial lifeline.....»»
Fort Mill-based Domtar temporarily shuttering two mills, laying off hundreds in response to COVID-19 outbreak
A Fort Mill-based paper manufacturer is feeling the effects of the COVID-19 outbreak. Domtar Corp. (NYSE: UFS) said Monday it will suspend operations at two mills in the South for three months, resulting in hundreds of layoffs. The company is susp.....»»
Refrigerator manufacturer to lay off 345 workers in Miami Valley
A Miami Valley company that manufactures refrigerators and portable ice boxes for recreational vehicles is laying off hundreds of area workers after the Ohio Department of Health issued a "stay-at-home" order earlier this week. Norcold Inc., a di.....»»
Blue Apron is increasing capacity and hiring workers to meet coronavirus-related demand, stock soars more than 500%
Blue Apron stock soared as demand rises from consumers looking for eat-at-home options in the face of coronavirus......»»
The Umstead Hotel and Spa lays off 300, will temporarily close due to coronavirus
The novel coronavirus outbreak is hitting the hospitality industry hard as business and vacation travel comes to a halt, and today the Triangle's elite luxury hotel is closing until further notice and laying off hundreds of workers. The Umstead Ho.....»»
Tesla needs to hire hundreds at its state-built factory by an April deadline or face millions in penalties
Tesla must hire around 360 more workers at its state-owned factory in Buffalo over the next two months or face millions in state penalties. Buffalo Mayor Byron Brown and a state assemblyman recently visited the factory and told Bloomberg it is employi.....»»
Huawei’s Santa Clara R&D arm is laying off hundreds of workers amid Trump’s trade war with China
Chinese tech giant Huawei is laying off more than 600 employees in the U.S. who worked for the company’s research and development division Futurewei, Reuters reports. Futurewei operates a major office in Santa Clara, where a Reuters reporter interviewe.....»»
Blue Apron latest to suffer in tough meal kit market
Meal kit companies face an ultimatum: Adapt or die......»»
Therese Poletti"s Tech Tales: Blue Apron’s new CEO has a thankless task
Blue Apron Inc. investors applauded the news that the company has hired a new chief executive, Linda Kozlowski, the chief operating officer of Etsy Inc. until last year, but her new job may be a tough and thankless task......»»
Union prepares for work action at Mount St. Mary"s
Seven months after the expiration of their contract, hundreds of Mount St. Mary’s Hospital health workers are fed up the pace of negotiations and ready for a job action......»»
Oil rises above $79 a barrel on Norway strike, Libyan disruption
Oil prices rose by more than $1 dollar per barrel on Tuesday due to growing global supply outages, with Norway shutting down one oilfield as hundreds of workers began a strike and Libya saying its production more than halved in recent months......»»
Oil rises to $79 a barrel on Norway strike, Libyan disruption
Oil prices rose by over 1 percent toward $79 per barrel on Tuesday due to growing supply outages, with Norway shutting one oilfield as hundreds of workers began a strike and Libya saying its production more than halved in recent months......»»
Blue Apron shares tumble on decline in revenue, customers
Blue Apron Inc. shares tumbled the most in eight months after the meal-kit company reported a decline in customers and projected further deterioration in revenue this year, underscoring the... To view the full story, click the title link......»»
Blue Apron stock declines after revenue miss
Blue Apron Holdings Inc. shares declined in the extended session Tuesday after the subscription meal service posted revenue that fell below Wall Street estimates and said it was laying off staf.....»»
Blue Apron Lays Off More Workers
Blue Apron Holdings said it would lay off around 4%, or around 100 jobs, out of its workforce, as the meal-kit company struggles to turn a profit......»»
AECOM to lay off 600+ Central Florida workers — here"s why
Los Angeles-based engineering giant AECOM (NYSE: ACM) is laying off hundreds of workers at Kennedy Space Center as a major contract comes to a close. The company notified Florida on Dec. 5 that it will lay off 629 workers by Jan. 31. This news com.....»»
Was Blue Apron Doomed From The Beginning?
Less than 18 months after its high-profile IPO, Blue Apron Holdings Inc (NYSE: APRN) is officially a penny stock. read more.....»»
Walmart To Cut Hundreds Of Corporate Jobs, Relocate Workers To Central Hubs
Walmart, the largest employer in the U.S. with 1.6 million workers, is downsizing its corporate workforce and asking remote employees to move to its main corporate hubs. read more.....»»
Workers often forfeit hundreds of dollars on a popular workplace benefit
Workers are losing out on hundreds of dollars in flexible spending account money. A new report by the Employee Benefit Research Institute analyzed more than 3.2 million flexible spending accounts in 2022. It found, while workers are contributing mor.....»»
10 American Cities Destroyed by Outsourcing Jobs
The practice of laying off workers whenever the company has a bad day, or outsourcing jobs overseas, are both r.....»»