[ad_1] Citigroup CEO Jane Fraser at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Adam Galica | CNBC Citigroup said it was cutting 10% of its workforce…
Tag: Labor economy
Trend Micro lays off 2% of its global workforce
[ad_1] Krisanapong Detraphiphat | Moment | Getty Images Trend Micro has laid off 2% of its overall workforce. The Japanese cybersecurity giant, which employed 7,582 employees as of June 2023,…
The 2023 U.S. economy, in a dozen charts
[ad_1] A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023. Ed Jones | AFP | Getty…
SpaceX sues U.S. agency that accused it of firing workers critical of Elon Musk
[ad_1] Elon Musk, CEO of SpaceX and Tesla, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in…
European markets close lower; Air France-KLM down 3.1%
[ad_1] Thu, Dec 7 2023 10:56 AM EST U.S. stocks trade higher U.S. stocks opened higher Thursday, attempting to snap a three-day losing streak with traders looking ahead to Friday’s…
Tesla to raise pay for hourly Nevada Gigafactory workers in January — move could stave off union interest
[ad_1] Security gate outside the Tesla Motors Gigafactory site east of Reno, Nevada. David Calvert | The Washington Post | Getty Images Tesla has informed workers at its battery factory…
GM to lay off 1,300 Michigan workers as vehicles end production
[ad_1] UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan.…
Etsy stock falls after company lays off 11% of its staff, citing ‘very challenging’ environment
[ad_1] Etsy CEO Josh Silverman noted in a letter to employees that Etsy’s marketplace — known for selling handmade items and connecting buyers with local artisans across the globe —…