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Business

“Sony to lay off 900 workers from PlayStation division, or 8% of unit’s global workforce”

“Sony Interactive Entertainment on Tuesday said it will lay off about 900 employees in its PlayStation unit, or 8% of its global workforce, becoming the latest technology company to announce headcount trims… He added that employees across all of the company’s… Continue Reading…

Economy

“Why so many workers are striking in 2023…”

“Just as Hollywood’s writers and studios reached a tentative deal to return to work after nearly 150 days, a new strike was brewing. More than 75,000 health-care workers walked off the job Wednesday at Kaiser Permanente, the nation’s largest non-profit health-care organization, driven in part by demands for… Continue Reading…

Business, Economy

“Amazon hikes pay in the UK, plans to hire 15,000 seasonal workers ahead of the holidays”

“Amazon is planning to hike pay for its operations workers in the U.K. and add 15,000 new staff ahead of the holidays, as the e-commerce giant prepares itself for a wave of demand ahead of Christmas. The company said Monday that it would… Continue Reading…

Business

“…13,000 workers go on strike at major US auto makers”

“About 13,000 auto workers have walked off the job at three targeted factories after their union leaders couldn’t reach a deal with Detroit’s automakers. The United Auto Workers union is seeking big raises and better benefits from General Motors, Ford and Stellantis. They want… Continue Reading…

Business

“Thousands of Southern California hotel workers begin strike”

“Just as the July Fourth holiday weekend gets into high gear, thousands of hotel workers in Southern California began striking Sunday morning seeking to negotiate a contract with higher wages and other benefits, according to the union representing the workers.… Continue Reading…

Business

“Gap to lay off 1,800 workers as part of broad push to cut costs”

“Gap will lay off about 1,800 employees as part of a broad effort to cut costs and streamline operations, the company said Thursday.  The cuts, first revealed on Tuesday, are more than three times larger than the 500 layoffs it… Continue Reading…

Economy

“Job openings declined in January but still far outnumber available workers”

“Job openings declined slightly in January but still far outnumber available workers as the labor picture remains tight, according to data released Wednesday. The Labor Department’s Job Openings and Labor Turnover Survey showed there are 10.824 million openings, down some… Continue Reading…

Business

“Ericsson to lay off 8,500 workers as part of cost-cutting plan”

“Swedish telecom company Ericsson will lay off 8,500 workers as part of its cost-cutting measures, the company confirmed to CNBC on Friday. Reuters earlier reported on the layoffs, which will impact roughly 8% of its staff of 105,529 worldwide. The… Continue Reading…

Business

“Dell to lay off 6,650 workers, or 5% of its workforce”

“Dell on Monday announced plans to lay off 5% of its workforce, or about 6,650 employees, according to an SEC filing.  The cuts at Dell come as demand for PCs and laptops has slowed globally. Global shipments of PCs were… Continue Reading…

Economy

“96% of workers are looking for a new job in 2023:..”

“…A whopping 96% of workers are looking for a new position in 2023, largely in search of better pay, according to a recent report by jobs site Monster.com… Nearly half, or 40%, of jobseekers need a higher income due to inflation and rising… Continue Reading…