Layoffs

Amazon to Eliminate ‘Small Number’ of Roles in Communications Department
Amazon to Eliminate ‘Small Number’ of Roles in Communications Department
January 29, 2025  |  Amazon

Amazon’s communications department is reportedly the latest segment of the company’s corporate workforce to see layoffs. Get the Full Story Complete the form to unlock...

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Consumer Sentiment Dips 4% Amid Concerns About Unemployment and Inflation
Consumer Sentiment Dips 4% Amid Concerns About Unemployment and Inflation
January 24, 2025  |  Consumer Insights

Consumer sentiment edged down 4% in January, marking the first decline in six months, according to the final results for the University of Michigan’s January...

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CNN Cuts 200 Jobs, Invests $70 Million in Newsroom Overhaul
CNN Cuts 200 Jobs, Invests $70 Million in Newsroom Overhaul
January 23, 2025  |  Streaming

To survive competition in the era of streaming, Warner Bros. Discovery company is slashing CNN’s television workforce even more while simultaneously investing $70 million to...

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Number of Americans Receiving Unemployment Insurance Reaches 3-Year High
Number of Americans Receiving Unemployment Insurance Reaches 3-Year High
January 23, 2025  |  Economy

New unemployment insurance data reportedly suggests that the labor market remains solid but that workers who do get laid off are having a harder time...

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Report: Meta and Microsoft Plan Layoffs
Report: Meta and Microsoft Plan Layoffs
January 14, 2025  |  Big Tech

Tech giants Meta and Microsoft are reportedly cutting back on their headcount. Get the Full Story Complete the form to unlock this article and enjoy...

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ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’
ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’
January 08, 2025  |  Economy

America’s employment picture ended the year on a down note, ADP’s latest findings show. Get the Full Story Complete the form to unlock this article...

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As Hiring Stalls, Will Consumers Pull Back on Spending?
As Hiring Stalls, Will Consumers Pull Back on Spending?
January 07, 2025  |  Economy

Job openings were up in November, but so were layoffs, and the pace of quitting fell too … all of which, for November’s government data,...

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Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending
Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending
December 03, 2024  |  Economy

Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely...

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HSBC Makes Managers Vie for Jobs Amid CEO Streamlining
HSBC Makes Managers Vie for Jobs Amid CEO Streamlining
November 18, 2024  |  Banking

HSBC reportedly wants hundreds of managers to reapply for jobs at the bank’s new division. Get the Full Story Complete the form to unlock this article...

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