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Companies have reported more than 744,000 job cuts this year — the highest figure since the first six months of 2020, ...
A spokesperson for the company confirmed that the social media platform is cutting 60 jobs. TikTok, which is owned by Beijing-based ByteDance, did not provide a reason for the layoffs. Retail Layoffs ...
Only government roles have seen a higher level of cuts this year, according to a recent report from Challenger, Gray & Christmas.
From retail media to mass layoffs: the biggest tech stories in 2022 What happened around the tech industry in 2022? Campaign Asia-Pacific breaks down the key events. 2022 has been an eventful year in ...
Major corporations in the media, retail and technology sectors have conducted mass layoffs to trim costs as they invest in AI, and after bulking up workforces during the pandemic.
NEW YORK — Retail layoffs are hitting especially hard this week. Online furniture seller Wayfair is cutting about 1,650 jobs, or 13% of its global workforce. Macy’s is laying off about 3.5% of ...
Retail Layoffs Soar Nearly 100% in a Month as Multiple Stores Close Published Feb 13, 2025 at 9:22 AM EST By Hugh Cameron ...
Step 2: Understand the challenges your employees face. Among those charged with making a reduction in force decision, there must be an understanding that “It’s not personal, it’s business” is an ...
As layoffs smack the Los Angeles Times and the Washington Post, the right should remember that a healthy press is the foundation of a working democracy.
The retail and healthcare industries are home to the second- and third-most layoffs of 2023, losing about 71,000 and 53,000 jobs respectively, both of which are up from 2022 levels, while a 550% ...
Amid an ongoing downturn for brick-and-mortar stores, the U.S. retail sector saw job losses spike in January.
Layoffs increased 10% from 2022 to 2023, but labor market data shows workers are largely being rehired elsewhere, and fast.