Apr 04 General Motors to avoid layoffs for now after thousands of salaried workers accept buyouts By Tom Krisher, Associated Press GM said in a statement that the offers will save about $1 billion per year in costs, about half of the $2 billion it wants to cut annually by the end of 2024. Continue reading
Mar 20 Amazon to cut 9,000 more jobs in second round of layoffs By Haleluya Hadero, Associated Press The job cuts would mark the second largest round of layoffs in the company’s history. Amazon had already cut 18,000 in the past few months. Continue reading
Mar 09 Applications for U.S. jobless aid rise by the most in 5 months, layoffs stay historically low By Matt Ott, Associated Press The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain historically low as the labor market continues to be largely unaffected by the Federal Reserve's interest rate hikes. Continue reading
Mar 03 Amid layoffs, Amazon pauses construction on second headquarters in Virginia By Haleluya Hadero, Associated Press Amazon is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company’s history. Continue reading
Jan 23 How many tech industry jobs have been cut in the past few months? By Associated Press In just the past month there have been about 50,000 job cuts across the technology sector. Here's a look at some of the companies that have announced layoffs so far. Continue reading
Jan 20 Watch 3:38 News Wrap: Protests in Peru demand ouster of president and call for new elections In our news wrap Friday, Peru braced for more protests of crowds demanding the ouster of the country's new president and new elections, the Church of England has formally apologized for its treatment of LGBTQ people and what it calls… Continue watching
Jan 20 Google cuts 12,000 jobs as layoffs spread across tech industry By Kelvin Chan, Associated Press Google says it's laying off 12,000 workers, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs. The Silicon Valley giant's CEO Sundar Pichai shared the news Friday in… Continue reading
Jan 18 Watch 4:41 Massive tech layoffs, slowing growth boost fears of possible recession By Geoff Bennett The job cuts in big tech are piling up. Microsoft said it's laying off 10,000 employees and Amazon started a fresh round of job cuts in what’s expected to become the largest workforce reduction in its 28-year history. It all… Continue watching
Jan 18 Microsoft cuts 10,000 jobs globally, about 5 percent of workforce By Matt O'Brien, Associated Press Microsoft is cutting 10,000 workers, almost 5% of its workforce, as it joins other tech companies in a scaling back of their pandemic-era expansions. Continue reading
Jan 05 As CES opens, startups face cautious investors amid economic uncertainty By Haleluya Hadero, Associated Press More than a thousand startups are showcasing their products at the annual CES tech show in Las Vegas, hoping to create some buzz around their gadgets and capture the eyes of investors. Continue reading