The Washington Post plans to cut 240 jobs, or 10% of its workforce, through voluntary buyouts. Leaders said they had been "overly optimistic" about growth.
For the first time, the UAW is on strike against the Big 3 U.S. automakers at once. Workers at three plants have been called out so far, with more to follow Friday if there's no progress on a deal.
Autoworkers are on strike at General Motors, Ford and Stellantis, an unprecedented move by the United Auto Workers union. Already, there are ripple effects.
The telecommunications company said it wants to eliminate roles that are too similar to each other and don't align with the company's current priorities.
The number of openings in the technology field is still high, and tech jobs continue to be attractive to workers looking for stable, lucrative careers.
Hundreds of corporate employees are set to lose their jobs as McDonald's closes its U.S. offices this week. Journalist and author Adam Chandler offers his perspective on the causes of the layoffs.
NPR moved this week to cut 10% of its staff and stop production of a handful of podcasts, including Invisibilia, Louder Than a Riot and Rough Translation.
Tyson Foods said it plans to close its processing, broiler and hatching operations in Glen Allen, Va., and a plant in Van Buren, Ark., in an effort to streamline its U.S. poultry business.
NPR must lay off 10% of its workforce to address an advertising shortfall of about $30 million, CEO John Lansing says. Lansing says marketers are nervous about the economy.
Big companies such as Amazon and Google have recently announced layoffs. On Wall Street, getting cut is always acknowledged as an ever-lurking prospect — but it still stings when it happens.
