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
Tag: Layoffs
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
Exclusive: Cisco to lay off thousands more in second job cut this year, sources say
Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI.
Read More Exclusive: Cisco to lay off thousands more in second job cut this year, sources say
Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now
The number of Americans filing new applications for unemployment benefits fell more than expected last week, somewhat easing fears of an unraveling labor market.
Read More Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now
S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge
The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.
Read More S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge