Layoffs

Poll: Almost Half Of Those Laid Off Doubt Jobs Will Return
Poll: Almost Half Of Those Laid Off Doubt Jobs Will Return
August 03, 2020  |  Economy

Almost half of furloughed workers in the U.S. don’t believe their jobs are coming back, according to a report from CNBC citing a poll from...

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Whole Paycheck Tracker: Amazon Goes Off The Charts; Walmart Announces Layoffs
Whole Paycheck Tracker: Amazon Goes Off The Charts; Walmart Announces Layoffs
July 31, 2020  |  Walmart Amazon whole paycheck

If Amazon and Walmart are fighting for the consumer’s whole paycheck, this week’s battle went to Amazon. Decisively, in fact. By any metrics, the company’s...

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Instacart Plans To Lay Off Some Of Its Shoppers
Instacart Plans To Lay Off Some Of Its Shoppers
July 30, 2020  |  Retail

Select part-time Instacart workers who are in-store shoppers are having their positions cut due to at least two of the company’s partners — Sprouts and...

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Walmart Reduces Corporate Workforce With Layoffs
Walmart Reduces Corporate Workforce With Layoffs
July 30, 2020  |  Retail

Walmart has reduced its workforce by laying off hundreds in its logistics, real estate and retail location planning divisions as it simplifies its business and reduces...

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Higher Education Aims To Reduce Costs Amid Pandemic
Higher Education Aims To Reduce Costs Amid Pandemic
July 22, 2020  |  Economy

Institutions of higher education are taking strong measures to stay on an even keel as they encounter less state funding, decreased contributions and a falling...

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Burberry To Reduce Workforce By 500 Positions Amid Pandemic
Burberry To Reduce Workforce By 500 Positions Amid Pandemic
July 15, 2020  |  Retail

Following a drop in sales amid the COVID-19 health crisis, Burberry is to reduce its workforce by 500 positions globally with the inclusion of 150 jobs in...

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More Layoffs Announced At REI
More Layoffs Announced At REI
July 14, 2020  |  Retail

Less than 90 days after REI, the outdoor recreation retailer, cut 25 percent of its workforce at its Kent, Washington headquarters, hundreds more workers will...

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Today In Payments: Tech Startups Laid Off 70K Since March; Quicken Loans Parent Files IPO
Today In Payments: Tech Startups Laid Off 70K Since March; Quicken Loans Parent Files IPO
July 08, 2020  |  News

In today’s top news, tech startups have laid off nearly 70,000 employees in the last four months, and Rocket Companies, parent of Quicken Loans, filed...

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