Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Jane Fraser, Citi, at WEF, Davos, Jan. 17, 2023.Adam Galica | CNBCCitigroup said it was cutting 10% of its workforce ...
Tag: Labor economy
Trend Micro lays off 2% of its global workforce
Krisanapong Detraphiphat | Moment | Getty ImagesTrend Micro has laid off 2% of its overall workforce.The Japanese cybersecurity giant, which ...
The 2023 U.S. economy, in a dozen charts
A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on ...
Does the tax on your year-end bonus check seem high? Here’s why
Jgi/tom Grill | Tetra Images | Getty ImagesDoes your year-end bonus look smaller than expected?Tax withholding is a likely culprit, ...
Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior years
Shortly after the murder of George Floyd at the hands of Minneapolis police in 2020, Google was among many tech ...
Tesla to raise pay for hourly Nevada Gigafactory workers in January — move could stave off union interest
Security gate outside the Tesla Motors Gigafactory site east of Reno, Nevada.David Calvert | The Washington Post | Getty ImagesTesla ...
GM’s Cruise laying off 900 employees, or 24% of its workforce: Read the memo here
General Motors' Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce, the ...
UAW files unfair labor practice charges against Hyundai, Honda and Volkswagen
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on ...
Job data suggests ‘soft landing’ is increasingly likely, economists say
Luis Alvarez | Digitalvision | Getty ImagesThe U.S. economy inched closer to a so-called "soft landing" after a new batch ...
Twilio lays off 5% of employees in unit activists want to divest
Jeff Lawson, CEO of Twilio, during the Singapore FinTech Festival in Singapore on Nov. 17, 2023.Lionel Ng | Bloomberg | ...
