Search results
Results from the WOW.Com Content Network
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.
Here's a look at some tech companies that are still adding staff to their payroll amid layoffs. Workday 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 ...
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.
On January 25, 2024, Microsoft Gaming underwent significant restructuring, leading to 1,900 staff being laid off. As part of this process, Blizzard Entertainment's President Mike Ybarra and co-founder Allen Adham departed from the company, while Blizzard's game Project Odyssey was canceled, and major teams working on Overwatch 2 were affected.
In 2025, Elon Musk and the Department of Government Efficiency teams gained access to large parts of the United States federal government.Thousands of United States federal government employees were laid off as a result, and many public records were modified or removed from federal websites and databases.
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.”
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.