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layoffs

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A retail store advertising a full time job on its open door in Oceanside, California, U.S., May 10, 2021. Photo by Mike Blake/REUTERS

Economy Apr 30

Weekly U.S. jobless claims fall to 189,000, lowest in more than five decades

By Matt Ott, Associated Press

Economy Mar 24

FILE PHOTO: The Epic Games logo, maker of the popular video game "Fortnite", is pictured on a screen
Epic Games lays off more than 1,000 employees as Fortnite engagement slows

The North Carolina-based video game publisher said in a memo to employees that the job cuts are not related to artificial intelligence. Rather, they stem from industry-wide challenges such as slower growth, weaker spending and tougher cost economics.

By Barbara Ortutay, Associated Press

Economy Mar 13

Help Wanted Sign In Store Window In Muhlenberg Pennsylvania
U.S. job openings rise to a better-than-expected 7 million

Layoffs fell slightly and the number of Americans quitting their jobs — a sign of confidence in their prospects — slipped modestly.

By Paul Wiseman, Associated Press

Economy Feb 27

Jack Dorsey
AI is key driver behind layoffs at fintech company Block, CEO says

Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, reconfiguring to capitalize on its use of artificial intelligence.

By Elaine Kurtenbach, Associated Press

Economy Feb 12

A woman walks into the U.S. Department of Labor, which published its weekly initial jobless claims report, in Washington
U.S. applications for jobless benefits remain at recent healthy levels, falling to 227,000 last week

Filings for unemployment benefits are viewed as representative of U.S. layoffs and are close to a real-time indicator of the health of the job market.

By Matt Ott, Associated Press

Feb 08

Days after big layoffs at The Washington Post, publisher Will Lewis says he's stepping down

By David Bauder, Associated Press

Washington Post publisher Will Lewis said Saturday that he’s stepping down, ending a troubled tenure days after the newspaper said that it was laying off one-third of its staff.

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Feb 04

Watch 6:53
Sweeping layoffs at The Washington Post will do 'enormous damage,' former editor says

By Geoff Bennett, Jackson Hudgins

The Washington Post is laying off a third of its workforce across both the newsroom and its business operations, a massive blow at a storied newspaper that has struggled in recent years to stay profitable. Geoff Bennett speaks with Marty…

Continue watching

Jan 15

Fewer-than-expected number of Americans filed jobless claims last week, as layoffs remain low

By Matt Ott, Associated Press

U.S. filings for jobless aid for the week ending Jan. 10 fell by 9,000 to 198,000, down from 207,000 the previous week, the Labor Department reported Thursday. The figure was significantly less than the 215,000 that analysts polled by the…

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Dec 31

U.S. applications for unemployment benefits fell below 200,000 last week with layoffs historically low

By Matt Ott, Associated Press

Unemployment benefit filings are often distorted during holiday-shortened weeks since the shorter week can cause some who have lost jobs to delay filing claims.

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Dec 09

U.S. job openings stayed level at just below 7.7 million in October

By Paul Wiseman, Associated Press

The Job Openings and Labor Turnover Survey (JOLTS) also showed that the layoffs rose and number of people quitting their jobs — a sign of confidence in the labor market — fell in October.

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