Stories Tagged: layoffs

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KPMG Joins PwC in Major Layoffs Amid Economic Pressures

In a significant wave of layoffs affecting major accounting firms, KPMG has announced it will... (35 revisions)

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Challenges Faced by South African Car Manufacturing Industry Amid Global Crisis

In recent years, the global car market has undergone significant shifts and transformations,... (2 revisions)

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FedEx Encourages Pilots to Switch to American Airlines Feeder Operator Amidst Layoffs

FedEx Express is encouraging its pilots to take jobs at a regional passenger carrier due to a... (3 revisions)

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GM's Struggles Continue: Layoffs at Cruise Amidst Restructuring and Mary Barra's 10th Year as CEO

General Motors (GM) is facing a series of challenges that are putting the company's future at... (3 revisions)

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Jack Dorsey Steps Down from Bluesky Board Amidst Restructuring Efforts

Block, the payments company co-founded by Jack Dorsey, is planning to lay off up to 10% of its... (5 revisions)

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SEC Faces Criticism for Closing Salt Lake City Office and Reassigning Employees; Southern Poverty Law Center Lays Off Employees Amid Restructuring

The US Securities and Exchange Commission (SEC) is facing criticism for its decision to close... (6 revisions)

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Elon Musk's Regret Over Twitter Blue: A Lesson in Management?

Elon Musk's management of Twitter has been marked by significant controversies, particularly... (8 revisions)

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Tech Startups Block, Bolt, TikTok, PayPal, and Amazon Announce Layoffs Amidst Industry Challenges

Block, the payments company co-founded by Jack Dorsey, is planning to lay off up to 10% of its... (9 revisions)

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Alibaba's Metaverse Unit Layoffs Reflect Industry Shift

Alibaba Group Holding has recently laid off dozens of employees at its metaverse unit, Yuanjing,... (9 revisions)

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N6 Shuts Down Perfume Business, Lays Off Staff Amid Economic Struggles

N6, the Nigerian rapper known as Nnamdi Nwabasili, has announced the closure of his perfume... (11 revisions)

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Challenges in the Video Game Industry: Galvanic Games, Developer of Wizard With a Gun, Closes Down

McFarlane Toys has released a new Wonder Woman figure as part of their line of DC collectibles.... (12 revisions)

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Prime Minister Trudeau Criticizes Bell Media Layoffs and Corporate Consolidation in Journalism

In a video interview with The Globe and Mail, Prime Minister Justin Trudeau expressed his... (14 revisions)

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Blink Charging Cuts Workforce Amid Declining EV Demand

Blink Charging announced on September 17, 2024, that it will lay off about 14% of its global... (40 revisions)

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Goldman Sachs to Cut Jobs Amid Record Profits: What to Expect

Goldman Sachs is set to lay off several hundred employees as part of its annual talent review... (47 revisions)

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Citigroup's Regulatory Challenges: A Call for Enhanced Staff Skills

Citigroup Inc. is grappling with significant regulatory challenges as the bank faces scrutiny... (53 revisions)

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Are Jobless Claims Falling Amidst a Shifting Labor Market?

As of November 1, 2024, the U.S. labor market is experiencing a complex interplay of jobless... (62 revisions)

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Disney Faces Financial Struggles Amid Economic Challenges and Stock Decline

The Walt Disney Company is grappling with significant financial difficulties as its stock... (116 revisions)

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Oak Creek Spice Plant Closure to Impact 88 Workers in December

In a significant development for the local economy, the Asenzya spice plant in Oak Creek,... (160 revisions)