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The workplace management platform is laying off 1,750 employees, or 8.5% of its workforce.
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The big-box retailer confirmed the layoffs and relocations in a ...
Ally is laying off about 500 employees. Ally Bank/Facebook The digital-financial-services company Ally is laying off roughly 500 of its 11,000 employees, a spokesperson confirmed to BI.
Morris, in the memo, said the decision to relocate employees and ask other remote staff to come back into the office was made to facilitate better collaboration, innovation “and move even faster.”
Tens of thousands of United States federal civil service workers have been laid off or fired since the start of the second presidency of Donald Trump.The Trump administration has called this an effort to reduce federal expenditures, shrink the federal payroll, reduce the ability of the government to regulate industry, and reduce the role of government in U.S. society.
Structural unemployment is a form of involuntary unemployment caused by a mismatch between the skills that workers in the economy can offer, and the skills demanded of workers by employers (also known as the skills gap). Structural unemployment is often brought about by technological changes that make the job skills of many workers obsolete.
The company is closing two sites in Edmonton and Boise that have over 250 employees, with a certain number of employees relocating to other sites within Intuit or leaving the company.
On January 17, 2023, Unity Technologies laid off 284 employees as part of a reassessment of objectives, strategies, and priorities in response to current economic conditions. CEO John Riccitiello explained that the layoffs were meant to reduce overlap and shelve certain projects to ensure the company's future strength. [ 93 ]