Tesla To Cut 693 Jobs In Nevada Amid Global Workforce Reduction: Government Notice

U.S. stock-index futures point sharply higher to start Friday trade, after Reuters reported that U.S.-China trade representatives held a phone call to discuss reducing tensions between the global superpowers amid testiness around the COVID-19 pandemic......»»

The government is set Thursday to release another dire picture of the layoffs that have pummeled America’s workforce, one day before it will issue what is sure to be the worst monthly jobs report since record-keeping began seven.....»»

British aero-engine maker Rolls-Royce signalled on Thursday it expects to cut some of its workforce, after reports that it was considering cutting up to 8,000 jobs to weather a global aerospace sector slump......»»

Getty Images / Xinhua News Agency US stocks traded mixed on Wednesday amid continued efforts by the US government to reopen the economy. Investors looked past a dismal report from ADP showing that US companies lost 20.2 million jobs in April. .....»»

Airbnb Inc is laying off 25% of its workforce, or nearly 1,300 employees, the home rental startup said on Tuesday, as the COVID-19 pandemic brings global travel to a near standstill......»»

Shake Shack, the U.S.-based burger chain, will from the U.S. government, the company’s leaders said in a statement, amid widespread criticism over who got access to the More than a dozen publicly... To view the full story, click the title link......»»

Oil plunged to the lowest level since 1986 as a deadly pandemic ravaging global economies threatens to erase an entire decade of demand growth, slashing thousands of jobs and wiping out hundreds of billions of dollars from company valuations......»»

Oil plunged to the lowest level since 1986 as a deadly pandemic ravaging global economies threatens to erase an entire decade of demand growth, slashing thousands of jobs and wiping out hundreds of billions of dollars from company valuations......»»

Cantor Fitzgerald Slashes Jobs, Prepares To Cut More Amid Economic Downturn Even before the virus pandemic crashed the global economy into recession, if not depression, for the second quarter, the investmen.....»»

AUD/USD Current Price: 0.6331 Australia expected to have lost 40,000 jobs in March amid the coronavirus crisis. The poor performance of global equities weighed on the Aussie. AUD/USD bearish in the short-term but trading above 0.6300. read more.....»»

U.S. Treasury yields hold steady, but edge slightly lower, on Monday as investors watch the market’s reaction to a global oil agreement and weigh the outlook for the economy amid the economic recession caused by the COVID-19 pandemic......»»

Chip Somodevilla/Getty Images Even the midst of a global pandemic when millions of Americans are losing their jobs every week, the GOP is writing rescue bills to reflect their view that government s.....»»

GE Aviation, which has 2,600 employees in Lynn, is furloughing half of its manufacturing workforce amid a global downturn in the airline business during the global COVID-19 pandemic. The Ohio-based manufacturer of aircraft jet engines announced Thu.....»»

GE Aviation, which employs hundreds of workers at its Durham facility, is furloughing half of its manufacturing workforce amid a global downturn in the airline business amid the global COVID-19 pandemic. The Ohio-based manufacturer of aircraft jet e.....»»

While large swaths of the Charlotte-area workforce are figuring out ways to get their jobs done remotely or with new operational protocols — and still others are laid off or furloughed — amid efforts to slow the spread of the novel coronavirus, s.....»»

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UBS Group intends to pay its 2019 dividend, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA, the Swiss government and international banking groups to limit payouts as the coronavirus outbreak hits the global economy......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Construction jobs seem to be pushing on in Wichita, but it's hardly business as usual. Hutton CEO Ben Hutton says the company is keeping a close eye on recommendations from health and government officials and trying to find ways to make those work on.....»»

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.....»»