Tag: Labor economy
RFK Jr. plans 10,000 HHS job cuts
Robert F. Kennedy Jr., US secretary of Health and Human Services (HHS), during a cabinet meeting at the White House in Washington, DC, US, on Monday, [...]
CFPB leaders and Elon Musk DOGE planned to fire nearly all staff
Elon Musk holds up a chainsaw onstage during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., February 20, 2025 [...]
Starbucks to lay off 1,100 corporate workers
Starbucks' corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty ImagesStar [...]
UnitedHealthcare offers buyouts, could pursue layoffs
A general view outside the United Healthcare corporate headquarters on December 4, 2024 in Minnetonka, Minnesota. Stephen Maturen | Getty ImagesUnited [...]
KFC moves U.S. headquarters from Kentucky to Texas
Signage outside a Yum Brands Inc. KFC restaurant in Shelbyville, Kentucky, on Jan. 29, 2021.Luke Sharrett | Bloomberg | Getty ImagesKFC is leaving Ken [...]
GM cuts 50% of Cruise staff after ending robotaxi business
General Motors is laying off roughly half the employees who remain at its discontinued Cruise robotaxi business.The plans come two months after GM sai [...]
Adidas to cut up to 500 jobs
Adidas shoes are displayed at a DSW store in Novato, California, on Jan. 31, 2024.Justin Sullivan | Getty ImagesAdidas plans to cut as many as 500 job [...]
CNN to lay off hundreds of employees post-inauguration, sources say
The stage is set for the first 2024 presidential debate between U.S. President Joe Biden and former U.S. President Donald Trump, in Atlanta on June 26 [...]
Goldman Sachs launches AI assistant as the tech sweeps banking
Goldman Sachs GS AI AssistantCourtesy: Goldman SachsGoldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, [...]
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
A Spirit Airlines plane at New York's LaGuardia AirportLeslie Josephs/CNBCSpirit Airlines is cutting about 200 jobs across the company as the struggli [...]
High-cost weight loss drugs boost nutrition counseling with employers
Packages of weight loss drugs Wegovy, Ozempic and Mounjaro.Picture Alliance | Getty ImagesA few years ago, when Virta Health founder and CEO Sami Inki [...]
Starbucks workers strike in LA, Chicago and Seattle ahead of Christmas
Starbucks Workers United members picket outside a Starbucks store in Chicago, Illinois, US, on Friday, Dec. 20, 2024. Vincent Alban | Bloomberg | Gett [...]
Starbucks union authorizes strike ahead of bargaining session
A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and Writers Guild of Americ [...]
Walmart employees wearing body cameras
The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania.Paul Weaver | Lightrocket | Getty ImagesWalmart has started giving [...]
Starbucks vendor hit by ransomware attack, affecting pay and schedules
The Starbucks logo is displayed above one of its cafes in London on Aug. 13, 2024.Hollie Adams | ReutersA ransomware attack on one of Starbucks' softw [...]