Layoffs

Business News

Unemployment Claims Fall to Pandemic Low Amid Tight Labor Market

First-time filings for unemployment claims totaled 290,000 for that week ended on Oct. 16, reporting that the figure was down 6,000 from the previous week.

Business News

Jobless Claims Rise Above Expectations, Sapping Confidence in Labor Market Recovery

First-time filings for unemployment insurance-a proxy for layoffs-came in at 362,000 for the week ending on Sept. 25, an increase of 11,000 from the previous week, the Labor Department said in a statement.

Business News

When Minimizing Was the Only Option

Sometimes we need the hard times to show us what the good times look like.

领导

He Asked His Team How to Avoid Layoffs. Their Response Thrilled Him.

Before making a tough decision that impacts your team's future, Gravity Payments CEO Dan Price has a simple suggestion: Ask them for advice. It worked for him.

News and Trends

ByteDance Layoffs Around 1,800 Indian Employees After Permanent Ban

The announcement comes after media reports suggested that the country will permanently ban 59 Chinese apps including TikTok to operate in the country

Business News

United Airlines Lost a Massive $1.8 Billion, Cut Thousands of Staff and Burned Through $25 Million a Day in the Third Quarter

But CEO Scott Kirby added that by cost cutting and building up nearly $20 billion of liquidity, it was ready to prepare for an eventual recovery.

领导

This Program is Vital for Limiting Backlash When You Have to Lay People Off

No business owner likes to do it, but sometimes layoffs are the only option.

Business News

Uber Lays Off Another 3,000 Full-Time Workers

The layoffs come just weeks after 3,700 customer support and recruiting team employees lost their jobs.

Operations & Logistics

Should I Furlough? 5 Things Business Owners Should Know First

There are lots of particulars to take into account.

Operations & Logistics

4 Tips To Keep Your Business Afloat in a Downturn

It will be nearly impossible for anyone to walk away unscathed, but companies can take steps to mitigate losses.

Operations & Logistics

What to Do If You've Lost Your Job Because of COVID-19

You're not alone, but there is an action plan.

Thought Leaders

How Getting Laid Off Launched My Career

My journey took me from having $7 in my pocket to making 6 figures.

News and Trends

Joining Other Top Executives, Marriott CEO Addresses Coronavirus Concerns

Arne Sorenson, who has led the company since 2012, said that in most of the company's markets, the business was running 75 per cent below normal levels.

Thought Leaders

Getting Laid Off Is Not a Scarlet Letter

Three tips to surviving the corporate culling.

Business News

Uber Shuts Down Its LA Office and Reportedly Lays Off 80 People

The ride-hailing giant has reportedly culled more than 1,000 workers since going public last May.