Labor Market & Hiring
Tech trouble continues | Now Verizon lays off nearly 5,000 workers
Mobile specialist Verizon is the latest tech company to announce cuts, expecting to lose 4,800 employees...
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Layoffs | Microsoft Gaming CEO warns staff of 'challenging days' amid 650 job cuts
Microsoft is losing approximately 650 employees in its Gaming division, or three per cent of its global...
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‘This is about respect’ | Boeing hit with strike by 33,000 workers after pay deal rejected
33,000 Boeing workers have walked out on strike after voting to reject a tentative agreement between...
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Texas Hold 'em | Samsung global cuts to hit stalling Texas chip plant
Samsung is reportedly cutting up to 30% of its overseas staff at some divisions, including some jobs...
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'Good jobs' | White House unveils ambitious plan to transform workforce
In a move set to significantly impact the US labor market, the Biden-Harris administration has launched...
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Fuel dump | Shell planning to shed 20% of exploration jobs
Reports say oil and gas giant Shell, is planning to cut down its workforce by 20% as it continues to...
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Revealed | How the White House is tackling America's cybersecurity skills gap
Companies have struggled to find deep talent pools amid rapidly growing demand for cyber talent, particularly...
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‘The best contract' | Boeing agrees to historic pay rise, possibly averting strike by 33,000 workers
Boeing has agreed to significant improvements to the compensation and benefits packages of its staff,...
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Last orders | Brewing giant Molson-Coors calls time on DEI programmes
Brewer Molson-Coors is the latest company to add its name to the growing list of companies reversing...
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No X-ceptions | Don't travel to Brazil, SpaceX tells employees as Musk feud persists
Elon Musk-owned SpaceX has informed its staff they must not travel to Brazil as a feud between the tech...
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‘Shortsighted’ | Volkswagen could end a no-layoff pledge that's lasted 30 years
Volkswagen may be forced to drop its pledge to protect jobs dating back to 1994 which promised no layoffs...
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Strategic resource assessment | Goldman Sachs to cut over 1,300 employees in annual exodus of low performers
Goldman Sachs will fire several hundred employees over the next few weeks as a part of an annual process...
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'Out of touch' | US workplace wellbeing in decline, study finds
A new report from the Johns Hopkins Carey Business School has revealed a steady decline in workplace...
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'Books' workers shelved | Apple announces (another) round of layoffs as part of ongoing strategic shift
Apple has become the latest US tech giant to reduce its workforce, laying off dozens of employees as...
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‘Ruthless workplace’ | Musk tells X staff: Prove your company achievements if you want to get your stock grants
In an email sent to the workforce of the social media platform last week, Musk revealed that workers...
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‘Continue to upskill’ | Amazon Cloud CEO warns developers: AI could replace your coding work within 2 years
Matt Garman, CEO of Amazon Web Services (AWS), has advised his software engineers to upskill and learn...
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'Saddened' | Harley-Davidson ditches DEI initiatives after activist pressure
Harley-Davidson released a statement Monday on X confirming it would scrap a number of diversity, equity,...
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The gig's up | Wisconsin Supreme Court upholds ruling on Amazon drivers' employment status
Wisconsin court upholds ruling that says Amazon Flex drivers are employees not independent...
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“I misspoke” | Ex-Google CEO walks back claims that "work-life balance" damaged the company's performance
Ex-CEO Eric Schmidt says he regrets his comments, in which he claimed that "Google decided that work-life...
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Comp | Starbucks appoints shock new CEO with $113m pay packet (that's 16,740,440 caramel macchiatos)
One of the largest executive compensation packages in corporate history, Niccol's total pay includes...
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