Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

23andMe to slash 40% of its workforce, end therapeutics program to cut costs

DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.

Business - MarketWatch - 23 hours ago

Chris Wallace exits CNN as post-election cost-cutting begins

Wallace moved from Fox News to CNN in late 2021 to be a host on its short-lived streaming service. He hosts "Who's Talking to Chris Wallace?"

Entertainment - Los Angeles Times - 22 hours ago

Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure

The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.

Business - The Wall Street Journal - Yesterday

Kaiser mental health workers strike in Southern California over staffing, workloads

More than 2,400 Kaiser Permanente psychologists, therapists, social workers and other mental health workers in Southern California have begun an open-ended strike over increased workloads and ...

Health - ABC News - October 21

Guadeloupe loses electricity after striking workers seize power station

French Caribbean island without power after employees cause ‘emergency shutdown of all the engines’ . The French Caribbean island of Guadeloupe has been left entirely without power after striking ...

World - The Guardian - October 25

New York Times tech workers go on strike before election

The New York Times' Tech Guild members are on strike the day before the election, with a high likelihood of a continued strike. The Tech Guild represents over 600 software developers and other ...

Politics - The Hill - November 4

New York Times Tech Workers Strike Ahead of Election Day

Times staff worry the walkout could hinder election coverage. Union demands have included higher pay and more remote work flexibility.

Business - The Wall Street Journal - November 4

Life Is Strange Dev's Workers Are Going On Strike Over Impending Layoffs

Workers at the French gaming studio Don't Nod--the developers behind Jusant, Life is Strange 1 and 2, and upcoming release Lost Records: Bloom & Rage--are set to strike this week due to imminent ...

Tech - GameSpot - 6 days ago

Ukraine war briefing: Power cuts in Kharkiv after Russian strikes

Residential buildings and service stations were among targets, say local officials; Russian grip tightens around Pokrovsk with battles in nearby Selydove. What we know on day 971. See all our ...

World - The Guardian - October 20

Boeing’s Woes Mount, as Debt, Minimal Income, and a Hardening Strike Risk Bankrupting Company

Boeing announces layoffs and aircraft delays to cut costs, even as it continues racking up billions in losses from a month-long strike becoming more bitter each day.

Business - Inc. - October 14

Boeing’s stock saw major upside after past strikes, but this time won’t be easy

“There was substantial upside if one bought Boeing stock” during prior strikes in 1989, 1995 and 2005, an analyst says, though a 2008 strike that coincided with the Great Recession was an outlier.

Business - MarketWatch - October 21

Boeing reveals $6 billion quarterly loss ahead of key vote by striking machinists

Boeing Co.’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, but the company’s loss was wider than expected.

Business - MarketWatch - October 23

Boeing machinists reject new labor contract, extending more than 5-week strike

Boeing machinists walked off the job on Sept. 13 after overwhelmingly rejecting an earlier proposal.

Business - CNBC - October 24

Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25

More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.