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Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September, outplacement firm Challenger, Gray and Christmas said. Layoffs would have been even lower last month ...
The first of two rounds of layoffs will begin Nov. 18 and will include the temporary layoff of 686 full-time workers and the termination of 250 temporary employees, Automotive News reported on ...
Also on Thursday, the latest job cuts report from Challenger, Gray & Christmas showed that layoff announcements dropped nearly 24% in October from September (but were 4% higher than a year ago).
After shedding workers in sweeping layoffs in late 2022 and early 2023, many tech companies are taking a more methodical, department-by-department approach to making cuts.
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
(Reuters) -Boeing will lay off more than 2,500 workers in the U.S. states of Washington, Oregon, South Carolina and Missouri, according to federally required filings posted on Monday and a union ...
U.S.-based employers announced 23,697 job cuts in July, a 42% drop from the number of layoffs announced in June and an 8% decrease from July 2022, according to a report released on Thursday by ...
Cargill lays off 5% of its workforce, with job cuts impacting thousands of employees globally. December 3, 2024 at 11:29 AM. ... meaning the latest job cuts would be set to impact around 8,000 ...