Stocks fell on Friday and headed for their third straight weekly decline as a solid August…
Tag: recession
Credit Suisse, SoftBank Reportedly Planning Layoffs. Here Are The Major Job Cuts Amid Growing Recession Fears
Credit Suisse and SoftBank are reportedly cutting back on staff, the companies announced on Friday—becoming the…
Reports indicate layoffs could be coming to 3M
Maplewood-based 3M is in the process of possible layoffs coming to its workforce. Details of 3M…
A wave of layoffs is sweeping the US. Here are firms that have announced cuts so far, from Peloton to Snap.
. R/I ~ AA . Layoffs are sweeping across American businesses in 2022. Peloton has laid…
Bed Bath & Beyond closing 150 stores, layoffs coming amid struggles
NEW YORK (AP) — Shares of Bed Bath & Beyond lost nearly a quarter of their value Wednesday…
Snap is canceling several projects and laying off 20 percent of employees
Snap is laying off around 20 percent of its more than 6,400 employees and canceling its…
After weeks of silence, Gannett revealed that it laid off 400 employees and cut 400 open positions
Gannett CEO Mike Reed told staff in a companywide Q&A session Wednesday that Gannett laid off…
Dow Jones Falls On Weak Jobs Data
The Dow Jones Commercial Reasonable fell Wednesday morning after weaker-than-expected non-public payroll information from ADP. The…
DataRobot, U.S. Express Announce Layoffs. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears.
AI startup DataRobot and trucking company U.S. Xpress are the latest companies to announce layoffs Thursday,…
50% of employers expect job cuts, survey finds. Here’s how to prepare for a potential layoff
Many companies have announced layoffs in recent weeks, and others have hinted that cuts may be…
Gunvor Can Deliver 13 Million Gallons of Gas to the US But There’s a Catch
Commodity trading giant Gunvor wants to deliver 13 million gallons of gasoline to the United States,…
The Memo: Chances of recession rise, posing huge threat to Biden
The likelihood of a recession is spiking, and it could spell political doom for President Biden.…