October 3, 2024 – 6:48 AM PDT WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally…
Read More US labor market remains stable; weather, strike distortions loom
Tag: Layoffs
CVS Health To Cut Nearly 3,000 Jobs Nationwide
CVS Health will be reportedly discontinuing 2,900 positions at its establishments across the U.S., following the company’s new plan to reduce costs by $2 billion.
Read More CVS Health To Cut Nearly 3,000 Jobs Nationwide
US consumer confidence ebbs in September on labor market fears
U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.
Read More US consumer confidence ebbs in September on labor market fears
Report: Job Openings Fall To Lowest Level Since Biden Took Presidency
Job openings across America spiraled down to their lowest level since the beginning of 2021, a very concerning notion that the labor market is cooling.
Read More Report: Job Openings Fall To Lowest Level Since Biden Took Presidency
GM Lays Off Over 1k Software And Services Employees
General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review to streamline the unit’s operations, according to CNBC.
Read More GM Lays Off Over 1k Software And Services Employees
Paramount To Layoff 15% Of U.S. Workforce
Paramount Global has announced that they will be cutting 15% of its workforce in the states.
Read More Paramount To Layoff 15% Of U.S. Workforce