WSJ News Exclusive | Boeing CEO Says Company Needs to Acknowledge ‘Our Mistake’

[ad_1] Updated Jan. 9, 2024 5:07 pm ET Boeing CEO David Calhoun said the company needs to acknowledge its mistake as the aircraft maker reels from a door-plug failure that…

Rent the Runway to Cut About 10% of Corporate Jobs, Lose Operating Chief

[ad_1] Rent the Runway is putting in place another restructuring plan that includes cutting about 10% of its corporate roles. The fashion subscription company on Tuesday said the turnaround plan…

The Workers Getting Big and Small Raises in 2024

[ad_1] After a few years of hefty pay increases, American workers can expect solid but not spectacular raises in 2024. On average, companies are planning for salary increases of 4%…

Newell Brands to Cut 7% of Office Roles, Reduce Footprint

[ad_1] Newell Brands will slash about 7% of its office roles and pare down its real-estate footprint in an organizational realignment. The Atlanta-based maker of Rubbermaid and Sharpie said it…

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…

U.S. Economy Added 216,000 Jobs in December

[ad_1] Updated Jan. 5, 2024 8:33 am ET Hiring picked up as employers added 216,000 jobs last month, the Labor Department said Friday. The unemployment rate held at 3.7% Economists…

SpaceX Sues Labor Board Over Employee Firings 

[ad_1] SpaceX sued the U.S. government’s labor board a day after an official at the agency accused the company of violating a federal workplace law by firing employees who circulated…

Why Companies Still Aren’t in a Firing Mood

[ad_1] A lot of people spent much of last year convinced that the U.S. was on the cusp of a recession—including those in charge of hiring and firing workers. Lately,…

How the Push for Diversity at Colleges and Companies Came Under Siege

[ad_1] The management philosophy known as DEI, which had gathered momentum since 2020, has been under siege over the past year amid a collision of legal, economic and geopolitical forces. …

Labor Board Backs Fired SpaceX Employees

[ad_1] An official for the U.S. labor-relations agency has accused SpaceX of violating a federal workplace law by firing employees who circulated a letter criticizing founder Elon Musk.  The former…