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Tag: job cuts

LOS ANGELES, UNITED STATES: The Sony PlayStation exhibit draws visitors at the Electronic Entertainment Expo, or E3, at the Los Angeles Convention Center in Los Angeles, 12 May 2004. E3, in it's tenth year, is the world's largest and most influential trade shows for the video and computer gaming industry. AFP PHOTO / Robyn BECK (Photo credit should read ROBYN BECK/AFP via Getty Images)

PlayStation’s Sony To Cut 900 Jobs, As Layoffs Continue To Increase In Gaming Sector

Tech and video game giant Sony has announced a major round of layoffs. 

Read More PlayStation’s Sony To Cut 900 Jobs, As Layoffs Continue To Increase In Gaming Sector
LONDON, ENGLAND - AUGUST 03: The Snapchat app logo is displayed on an iPad on August 3, 2016 in London, England. (Photo by Carl Court/Getty Images)

Snap Cutting 10% Of Global Workforce

The Social media company Snap has announced another round of layoffs amid financial struggles lately.

Read More Snap Cutting 10% Of Global Workforce
A "Help Wanted" sign hangs in a restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder/File Photo

US labor market sizzles; delivers large job and wage gains

U.S. job growth accelerated in January and wages increased by the most in nearly two years.

Read More US labor market sizzles; delivers large job and wage gains
TOPSHOT - United Parcel Services (UPS) workers walk a 'practice picket line' on July 7, 2023, in the Queens borough of New York City, ahead of a possible UPS strike. UPS workers could go on strike by the end of July after the Teamsters Union, representing more than 300,000 UPS drivers and and warehouse workers, announced July 5, labor talks with the shipping giant broke down. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)

UPS Cutting 12K Jobs, Citing Higher Costs

The mail delivery company UPS announced another round of job cuts. 

Read More UPS Cutting 12K Jobs, Citing Higher Costs
A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims increase moderately

The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually losing momentum.

Read More US weekly jobless claims increase moderately

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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