Micron Technology shares are modestly higher in late trading Tuesday after the…
Micron Sales Plunge 53%. It Is Cutting More Staff. Better Days Lie Ahead.
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Personnel
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Disney begins layoffs of 7,000 this week in first of three phases
Walt Disney Co. will begin the process of eliminating 7,000 jobs this…
U.S. economy speeds up in March, S&P finds, but so does inflation
The numbers: The U.S. economy accelerated in March, S&P Global surveys showed,…
Jobless claims dip to 3-week low of 191,000 — labor market still very strong
The numbers: The number of Americans who applied for unemployment benefits last…
Amazon’s stock dips 1% as another 9,000 layoffs announced
Amazon.com Inc. is eliminating another 9,000 jobs, the company announced Monday morning.…
Jobs report shows strong 311,000 gain in February, puts pressure on Fed for bigger rate hike
The numbers: The U.S. created a robust 311,000 new jobs in February,…
GM’s stock slips 2% as auto maker announces buyouts
General Motors Co. on Thursday announced employee buyouts that are expected to…
Silicon Valley Confronts the End of Growth. It’s a New Era for Tech Stocks.
Silicon Valley could use a reboot. The biggest players aren’t growing, and…
As the Supreme Court weighs in on Biden’s student loan forgiveness plan, here’s a look back at how we got here
A Jan. 2, 2023 protest in favor of federal student loan relief…
Zoom to Lay Off 15% of Staff, CEO Slashes Salary
Zoom to Lay Off 15% of Staff, CEO Slashes Salary Source link
Meta stock spikes nearly 20% as cost cuts and $40 billion for investors overshadow earnings miss
Meta Platforms Inc. shares soared in after-hours trading Wednesday despite an earnings…
Amazon gets 3 more warehouse-safety citations as OSHA warns company to ‘take these injuries seriously’
The federal government on Wednesday hit Amazon.com Inc. with worker-safety related citations…
Intel cuts pay, bonuses and other benefits while maintaining dividend
Intel Corp. continues to cut costs for everything except payments to investors.…
PayPal to lay off 7% of employees as part of cost-cutting push
PayPal Holdings Inc. plans to lay off about 7% of its staff…
U.S. employment costs slow again, but they’re still rising too fast to comfort Fed as inflation battle rages
The numbers: The employment cost index slowed at the end of 2022…
Philips says it will cut 6,000 extra jobs by 2025 as it swings to a loss
Royal Philips NV on Monday said it will cut an extra 6,000…
Could Big Tech layoffs keep growing? Apple, Amazon, Facebook and Google may give hints in biggest week of earnings.
In the biggest week of the holiday-earnings season, Big Tech results will…
What is a ‘rolling recession’ and how does it affect consumers? Economic experts explain
By most measures, the U.S. economy is in solid shape. Although the…
SAP to cut nearly 3,000 Jobs, weighs Qualtrics stake sale
SAP profit, revenue fall short of forecasts, plans to cut 2,800 jobs…
U.S. economy gets off to weak start in 2023, S&P finds
The numbers: The U.S. economy got off to a weak start in…
