Latest in Nissan to lay off thousands of workers as sales drop
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Nissan to lay off thousands of workers as sales drop
The Japanese car making giant has not yet said where in its global operations the job cuts will be made.Top stories - BBC News - November 8 -
Volkswagen to close three German factories and lay off thousands of workers, employees say
Volkswagen, Europe’s largest car manufacturer, is planning to permanently shrink the size of its German operations.Business - MarketWatch - October 28 -
Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO
The influential cryptocurrency exchange has undergone several reorganizations in recent years.Business - The New York Times - October 30 -
Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.Business - CNBC - November 6 -
Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.Top stories - NBC News - November 7 -
Enphase to lay off workers and end some operations in Mexico
Microinverter maker Enphase aims to “better align its workforce” with its business needs and will incur in up to $20 million in charges related to a restructuring.Business - MarketWatch - November 8 -
DNA-testing site 23andMe to lay off 40% of its workers
The once-popular general DNA-testing firm holds a trove of sensitive genetic data from its customers.Top stories - BBC News - November 12 -
Boeing Will Lay Off Over 2,500 Workers Amid Turnaround Effort
The job cuts, part of a 17,000-strong employee reduction, will hit workers in Washington, Oregon, South Carolina and Missouri.Business - Inc. - 4 days ago -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
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Alitalia will lay off over 2,000 remaining employees as liquidation nears
Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employeesWorld - ABC News - November 10 -
23andMe Lays Off 40% of Staff, Shuts Drug Development Business
The genetics company is closing a unit that was once seen as core to its future.Business - The Wall Street Journal - November 11 -
23andMe to lay off 40% of its workforce as stock price plummets
The genetic testing company 23andMe is cutting 40% of its workforce and ending its therapeutics program as its stock price continues to plummet. CBS News correspondent Carter Evans has more on what ...Top stories - CBS News - November 12 -
AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.Business - CNBC - November 13 -
GM lays off 1,000 employees amid reorganization, cost-cutting
The layoffs, which were announced Friday morning via email to those impacted, were across the business.Business - CNBC - November 15 -
GM lays off 1,000 employees amid reorganization and cost-cutting
General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the ...Top stories - NBC News - November 15 -
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Gen-Z Workers Are Swapping Jobs—and It’s Paying Off
A new report shows young workers aren’t afraid to leave their jobs for higher salaries.Business - Inc. - November 13 -
Nearly 700 Boeing Workers Laid Off in Missouri
So far, Boeing has issued 60-day notices to at least 3,100 workers across the country.Business - Inc. - 3 days ago -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - October 30 -
Nintendo’s 1st half sales drop 34% as Switch shows its age
Nintendo said sales for the 1st half of 2024 fell 34.1% to $3.43 billion as it saw a slowdown in sales for Nintendo Switch hardware and games.Tech - VentureBeat - November 5 -
Thousands of soldiers fence off a Salvadoran neighborhood in pursuit of gang remnants
More than 2,000 soldiers and 500 police officers surrounded a dense neighborhood on the outskirts of El Salvador’s capital in an effort to quash the remnants of gangs the president said were trying ...World - ABC News - October 28 -
Motion picture academy lays off staff at archive and library amid broader restructuring
The Academy of Motion Picture Arts and Sciences is restructuring its archive and library, cutting 16 staff members as part of a strategic effort to consolidate preservation efforts.Entertainment - Los Angeles Times - October 31 -
23andMe Lays Off 40 Percent of its Staff, Ends All Therapy Programs
As founder and CEO Anne Wojcicki struggles to take the company private, 200 jobs are cut as part of its restructuring plan.Business - Inc. - November 12 -
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.Tech - VentureBeat - November 13 -
Election worker fired after completed ballots fell off truck in Florida
An election worker in Florida was fired after a sealed bin and sealed bag of ballots fell off a truck, according to local election officials. The Miami-Dade County Elections Department said ...Politics - The Hill - October 29 -
Here are the 28 states where workers are guaranteed time off to vote
Without a federal law ensuring workers can take time off to vote, some states have stepped up with Election Day voting leave laws.Top stories - CBS News - November 4 -
Anger is the defining energy of western politics
Quelling the rage is a democratic imperative across the worldWorld - Financial Times - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
Trump and the lure of strongman leadership
The president-elect has fundamentally shifted the norms and ideology of American politicsWorld - Financial Times - November 7 -
EU leaders strain for unity after Trump win and German crisis
Bloc gathers in Budapest at summit hosted by Brussels’ antagonist Viktor OrbánWorld - Financial Times - November 7 -
Drop-Off in Democratic Votes Ignites Conspiracy Theories on Left and Right
There is nothing suspicious about the shift in Democratic fortunes. But partisans from across the spectrum are questioning the results, for different reasons.Tech - The New York Times - November 9 -
One thousand UK workers to join first four-day week trial under Labour
Pilot scheme said to have ‘groundbreaking’ potential for the hospitality industry. One thousand workers in the UK will get extra time off with no loss of pay in the first official pilot by the ...World - The Guardian - November 4 -
Rheinmetall Posts Soaring Sales, Shrugs off Political Instability Concerns
The German arms maker posted a 39.5% increase in sales, as it consolidated its place as one of Europe’s main ammunition and weapon suppliers.Business - The Wall Street Journal - November 7
