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SpaceX Layoffs to Affect 10% of Workforce Across U.S.

The news comes shortly after the launch of 10 Iridium communications satellites on Friday. Elon Musk’s rocket company SpaceX plans to reduce its workforce by about 10% of its more than 6,000 employees across the country, th.....»»

Category: europeSource: fortuneJan 12th, 2019

Uber is reportedly talking about layoffs in the thousands

Uber is considering laying off more than 5,000 of its 27,000-strong workforce, the Information reported. The San Francisco-based company's main ride-hailing business has dropped by about 80% in recent weeks as stay-at-home orders have rippled across .....»»

Category: topSource: bizjournalsApr 28th, 2020

Data Bank: Recent layoffs hitting some parts of Oregon"s workforce harder than others

An unprecedented volume of initial claims for unemployment have revealed some economic fault lines as the COVID-19-related shutdown puts certain industries and population segments in jeopardy......»»

Category: topSource: bizjournalsApr 17th, 2020

Over 25% of Michigan Workforce Filed For Unemployment

Over 25% of Michigan Workforce Filed For Unemployment Authored by Mike Shedlock via MishTalk, Michigan is one of the hardest hit states when it comes to Covid19 layoffs. Let's take a look at the stats. .....»»

Category: blogSource: zerohedgeApr 15th, 2020

Hawaii unemployment claims hit 212K, shows signs of slowing

Hawaii's unemployment filings have hit historic highs in recent weeks, with almost 30% of Hawaii's workforce filing as a result of coronavirus related closures and layoffs. However, according to recent data from the state Department of Labor and In.....»»

Category: topSource: bizjournalsApr 10th, 2020

Boeing considers potential 10% cut to workforce: WSJ

Boeing Co is considering a plan to cut its workforce by about 10%, which could involve buyouts, early retirements and involuntary layoffs, the Wall Street Journal reported on Thursday......»»

Category: topSource: reutersApr 9th, 2020

Rover cuts half its workforce amid "devastating" downturn

The layoffs affected 194 employees, including 138 at its Seattle headquarters. Aaron Easterly, the CEO, is forgoing his salary while other executives take cash compensation cuts......»»

Category: topSource: bizjournalsApr 3rd, 2020

Hundreds more coronavirus-related layoffs affect Arizona workers

As the economy continues to get pounded by the coronavirus outbreak, hundreds more Arizonans are losing their jobs. One furniture store in Tucson has let go more than 600 employees, filings show......»»

Category: topSource: bizjournalsApr 1st, 2020

Unemployment insurance expands for Kentucky employees, employers

Furloughs and layoffs, both short- and long-term, will now be treated as temporary for unemployment insurance filings in Kentucky, according to Josh Benton, deputy secretary of the Kentucky Education and Workforce Development Cabinet. As unemploym.....»»

Category: topSource: bizjournalsMar 28th, 2020

Search firms hit with inquiries as companies, employees brace for layoffs

Some executives see the writing on the wall with pending workforce reductions and are trying to get ahead of that by exploring career opportunities......»»

Category: topSource: bizjournalsMar 24th, 2020

Layoffs and furloughs are coming because of the coronavirus outbreak. Here are 9 major companies that have announced downsizing their workforce so far.

Andrew Kelly/Reuters The spread of the coronavirus is plunging the g.....»»

Category: topSource: businessinsiderMar 23rd, 2020

GE Aviation Slashes Workforce in Coronavirus-Related Move

GE on Monday announced several actions, including workforce reductions and layoffs, intended to save $500 million to $1 billion in 2020......»»

Category: blogSource: 247wallstMar 23rd, 2020

Stores, restaurants, and companies across the US are putting staff on furlough as they shut down during the coronavirus outbreak — here"s what it means for employees

Chris Ehrmann/AP Photo COVID-19 is having substantial effects on the US workforce — many people are working at home, businesses are having to shut down, and employers are resorting to layoffs and furloughs. A.....»»

Category: topSource: businessinsiderMar 20th, 2020

Airport layoffs at PHL could affect as many as 1,100 contract workers, union says

More than 600 contract workers at Philadelphia International Airport — including cabin cleaners, skycaps, wheelchair attendants and line queue workers — have received layoff notices, according to 32BJ SEIU, a property service workers union with more .....»»

Category: topSource: bizjournalsMar 19th, 2020

Amazon looks to hire for 2,000 jobs in NC amid coronavirus pandemic

With grim news of mass layoffs, furloughs and unemployment on the horizon as a result of the COVID-19 pandemic, one of the world's largest companies said earlier this week that it's looking to bulk up its workforce. Amazon.com Inc. (NYSE: AMZN) sai.....»»

Category: topSource: bizjournalsMar 18th, 2020

It looks like WeWork"s new CEO will continue aggressive cost-cutting with reports of another 1,000 layoffs in 2020

WeWork A fresh round of layoffs at WeWork could reportedly affect over 1,000 staff. According to anonymous sources cited by the Financial Ti.....»»

Category: topSource: businessinsiderMar 13th, 2020

Boston-based Indigo Ag sheds 150 jobs

After a streak of layoffs at prominent public tech companies, another Boston firm has reduced its workforce. This time, the company making cuts is private, valued over $1 billion, fresh off a $200 million funding round, and has a major Memphis pres.....»»

Category: topSource: bizjournalsFeb 28th, 2020

How to deal with the guilt of surviving layoffs at work

Company layoffs are a brutal experience, and it doesn’t just affect those who are given pink slips but also those who avoided the chop. Veuer’s Justin Kircher has the story......»»

Category: topSource: moneycentralFeb 27th, 2020

Delivery company cuts 78 jobs in Portland as Amazon ends contracts

A Kent, Washington, delivery company is laying off 78 workers, mostly drivers, from two sites in Portland. Delivery Force filed notice of the layoffs with Oregon workforce officials Feb. 13. The affected workers are from two sites in Portland: 3610 .....»»

Category: topSource: bizjournalsFeb 21st, 2020

Why a Birmingham couple made a $20M gift to UA – and how the gift could affect the workforce

A Birmingham couple’s gift to the University of Alabama could benefit companies in attracting workforce across the state......»»

Category: topSource: bizjournalsFeb 5th, 2020

Layoffs, hiring freeze hit Boeing 737 Max suppliers before factory production halt

One supplier handed out pink slips just before Christmas, while another launched a detailed review of operations before decisions are made about its own workforce in January......»»

Category: topSource: bizjournalsDec 26th, 2019