Mass Layoffs Spark Workforce Anxiety as AI Investments Rise
#Layoffs #JobMarketRising layoffs across Amazon, UPS, and other major firms heighten worker anxiety amid economic uncertainty. Companies cite restructuring, AI investment, and cost pressures. Hiring stagnates as job cuts increase, signaling a strained U.S. job market. read more
NOAA Faces Further Layoffs, Threatening Critical Services and Staffing
#NOAA #layoffsNOAA is facing further layoffs with 1,000 more workers set to be let go, impacting 10% of the agency's remaining workforce. Former official calls the terminations "malicious" and warns of significant impacts on weather forecasting. read more
"ABC News Layoffs Spark Panic Among Staff, FiveThirtyEight Shutdown"
#ABC #layoffsABC News is trimming about 200 employees, leading to deep cuts. Good Morning America's third hour program, GMA3, and FiveThirtyEight have been affected. Staffers are shocked and upset, with a gloomy atmosphere prevailing. Disney looks to shift its focus amid declining TV ratings. read more
Forever 21 to Lay Off 700 Workers and Close Locations
#Forever21 #LayoffsForever 21, a staple in American malls, is laying off about 700 staff members as the retailer closes locations and its headquarters. The layoffs, beginning in April, affect various positions, including top executives. The company's parent, Catalyst Brands, aims to explore strategic options. read more
Trump, Elon Musk Backed Layoffs Impact 20,000 Federal Workers
#USPolitics #LayoffsThe Trump administration, with Elon Musk's guidance, has led to layoffs affecting over 20,000 federal employees, with significant impacts on agencies like Defense, IRS, Agriculture, Health, Energy, and more. Layoffs affect mostly newer employees, causing significant reshaping of the federal workforce. read more
CDC Layoffs Spark Protest and Confusion Among Former Employees
#CDC #layoffsDemonstrators protest CDC layoffs in Atlanta, as federal health workers express shock and confusion over dismissals. Layoffs impact workers despite outstanding reviews and experience, causing chaos and uncertainty in unemployment process. read more
Chevron to Cut 8,000 Jobs, Target $3 Billion Cost Reduction
#Chevron #layoffsChevron, the second-largest US oil producer, plans to lay off 15-20% of its global workforce by 2026 to reduce costs, simplify operations, and complete an acquisition. The company aims for $3bn in cost cuts, cites production challenges, and faces industry-wide weakness. read more
Cargill to Lay Off 8,000 amid Profit Decline and Restructuring
#Cargill #layoffsCargill, America's largest food production company, is cutting 5% of its global workforce, affecting around 8,000 jobs due to falling profits amidst decreasing food prices. The company's profits have dropped significantly, prompting the need for layoffs. read more
"Genetic Testing Giant 23andMe Slashes Workforce Amid Financial Turmoil"
#23andMe #layoffs23andMe is laying off 40% of its workforce, or more than 200 employees, in a bid to cut costs and focus on its core consumer business and research partnerships following a string of setbacks and financial losses. read more
#JohnDeere #layoffs
John Deere tractors were for sale in Longmont, Colorado, in 2017. However, the company is currently facing backlash for moving production to Mexico, resulting in layoffs in the US. read more