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The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re … Read more
Amazon is preparing to cut as much as 15% of its human resources staff, with additional layoffs likely in other divisions, according to multiple sources familiar with the plans. Two sources told Fortune that Amazon’s human resources division—known internally as PXT or the People eXperience Technology team—will be hard hit, but that other areas of … Read more
President Donald Trump’s hardball tactic of ordering permanent layoffs Friday amid a government shutdown hardened Democrats’ deep distrust of Republicans and risks prolonging a standoff that is already the fourth longest in US history with no end in sight. Senator Patty Murray, a senior Democrat, slammed the firings announced by Trump budget chief Russell Vought … Read more
Senate Democrats kept their promise to reject any Republican spending bill that didn’t extend or restore health care benefits, choosing instead to force a government shutdown. Now they have to figure out how to get out of it. Just hours after the shutdown began, Senate Democratic Leader Chuck Schumer said that if the Republicans work with … Read more
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re … Read more
U.S. jobs openings were essentially unchanged million last month amid economic uncertainty arising from President Donald Trump’s trade policies and an impending government shutdown. The Labor Department reported Tuesday that job openings blipped up to 7.23 million from 7.21 million in July. Economists had forecast a drop to 7.1 million. The Job Openings and Labor Turnover … Read more
The U.S. Capitol in Washington, D.C., is seen on a cloudy and foggy morning, March 6, 2024. Kevin Dietsch | Getty Images The White House warned federal agencies to prepare for mass firings if Congress does not reach a deal to fund the government before next Wednesday. A memo released Wednesday by the Office of … Read more
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re … Read more
Employees may think quitting in response to their company’s RTO mandate is a solid retaliatory reaction to their bosses, but it may actually be just what companies need. Rather than trimming down headcounts by enforcing layoffs, business leaders from across the U.S. told the Federal Reserve Beige Book they’re hoping that upping their in-person requirements … Read more
Paramount CEO David Ellison, in one of his first companywide memos, demanded staff come back to the office five days a week or else find a new job. Ellison, the founder and CEO of Skydance Media, became CEO of Paramount after its long-stalled $8 billion merger with Skydance was finalized last month. Since then, he … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4