Latest in Higher Layoffs
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Social Media Layoffs Hit Meta
The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.Business - Inc. - October 17 -
Unemployment Applications Rose, But Layoff Levels Are Low
The four-week average of claims fell by 9,750 to 227,250.Business - Inc. - Yesterday -
Boeing prepares layoff notices for thousands of workers as turmoil deepens
Thousands of Boeing staff will get layoff notices within weeks, a union and industry sources said, as a senior U.S. official flew to Seattle to try to ease a crippling strike and a major airline ...Top stories - NBC News - October 15 -
Spirit Airlines announces layoffs, jet sales as it tries to stay afloat
Embattled discount airline Spirit Airlines Inc. on Thursday said it would cut staff, scale back flight coverage and sell jets as it seeks a lifeline following its failed merger with JetBlue Airways ...Business - MarketWatch - October 25 -
Spirit Plans Layoffs and Plane Sales Amid Financial Turbulence
The company disclosed its plans for $80 million worth of cost-cutting moves, but has shared few details.Business - Inc. - October 28 -
PlayStation Executive Defends Layoffs, Says They Were Necessary To Run A Business
It's been tough times of late at Sony Interactive Entertainment, as the PlayStation company began the year by cutting 900+ jobs and cancelling games. In July, Sony axed a number of positions ...Tech - GameSpot - October 31 -
Netflix Executive Promotes AI Game Development Shortly After Huge Layoffs
Generative AI has been the epicenter of conversation about the future of entertainment across movies , TV , music , and video games . With more studios and developers embracing the technology, ...Tech - GameSpot - 5 days ago -
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 - 3 days ago -
The ultimate guide to negotiating a higher salary
CNBC Make It's online course will help you ask for a raise in your current job or negotiate a bigger paycheck in a new one.Business - CNBC - October 15 -
Roche Increases Dividend on Higher Sales
Roche said it would increase its dividend after its hemophilia injection Hemlibra and multiple sclerosis treatment Ocrevus lifted sales in the first nine months of the year.Business - The Wall Street Journal - October 23 -
10-year Treasury yield ends at three-month high on expectations for potential sweep by Republicans
Yields on U.S. government debt finished at their highest levels since July and August on Monday, as traders looked ahead toward a week of data on economic growth, inflation and the labor market.Business - MarketWatch - October 28 -
Higher for longer no matter who’s in charge
The reasons we aren’t going back to a cheap money environment are structuralWorld - Financial Times - 5 days ago -
She had her dream job. Now she's facing death threats, a cyberstalker and growing legal bills
Misinformation researchers say they are facing a more treacherous landscape this election season than in the past, fueled by online trolls and lawsuits.Business - CNBC - October 23 -
Jobless claims fall again as hurricane effects fade. Layoffs back to very low levels.
The number of Americans who applied for unemployment benefits last week fell sharply for the second week in a row to 227,000, reversing a spike in claims earlier in the month after a pair of major ...Business - MarketWatch - 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.Business - CNBC - October 24 -
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - October 28 -
Amazon CEO Andy Jassy denies that 5-day office mandate is a 'backdoor layoff'
Amazon CEO Andy Jassy denied speculation that the recently announced RTO mandate was made to further reduce head count or appease city officials.Business - CNBC - 3 days ago -
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China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
ABB Posts Higher Profit, Raises Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.Business - The Wall Street Journal - October 17 -
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Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24 -
Working people will pay the price of higher taxes for employers
Increasing the burden on companies may not affect workers’ payslips today, but it won’t be longWorld - Financial Times - October 30 -
Jobless claims inch higher in latest week
Claims tick up 3,000 to 221,000 after three weeks of declinesBusiness - MarketWatch - 2 days ago -
Pending home sales took an unexpected leap higher last month, but rates have climbed back up
The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.Business - CNBC - October 30 -
The Papers: 'Prepare for higher taxes' and 'I legally punished' Sara
Some of Tuesday's papers lead on the chancellor's hint that business taxes will rise.Top stories - BBC News - October 15 -
Amex sees strong discretionary spending, but stock retreats after solid 2024 run
The company says new member benefits are resonating with younger generations.Business - MarketWatch - October 18 -
'Eating disorders are higher in the LGBT community - few talk about it'
Netflix hit Heartstopper is raising awareness of a crucial challenge the LGBT community faces.Top stories - BBC News - October 20 -
10-, 30-year Treasury yields end at highest since July as deficit worries grow
Monday’s selloff in U.S. government debt pushed long-dated yields to their highest levels in almost three months amid growing concern about the potential for rising deficit spending after the Nov. ...Business - MarketWatch - October 21 -
The IRS unveils higher capital gains tax brackets for 2025
The IRS has unveiled higher long-term capital gains brackets for 2025. Here's what investors need to know.Business - CNBC - October 22 -
Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.Business - CNBC - October 23 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - October 24 -
Polar bears face higher risk of disease in a warming Arctic
Climate change and sea ice loss leaves polar bears exposed to more diseases, research suggests.Top stories - BBC News - October 23 -
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.Business - CNBC - October 24 -
Here's how to leverage higher income limits for the 0% capital gains bracket
Bigger earnings limits are coming for the 0% capital gains brackets in 2025. That could offer tax planning opportunities, financial experts say.Business - CNBC - October 25 -
Oil prices finish higher for the week as Middle East worries linger
Oil futures climbed Friday, contributing to a gain for the week, with lingering worries over the potential for a wider Middle East conflict helping to put a floor under crude prices.Business - MarketWatch - October 25 -
Phil Lesh Didn’t Hold Songs Down. He Lifted Them Higher.
The Grateful Dead bassist found new melodic byways through every song.Top stories - The New York Times - October 26 -
Visa says spending trends are stable, and this time Wall Street agrees
Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.Business - MarketWatch - October 29 -
Europe Imposes Higher Tariffs on Electric Vehicles Made in China
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China.Business - The New York Times - October 31
