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News Articles: layoffs

United Auto Workers members attend a solidarity rally as the UAW strikes the Big Three automakers on September 15, 2023 in Detroit, Michigan.

Tagged as: 

  • Business

UAW has a unique strike strategy. It keeps Detroit Big 3 automakers guessing

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.

September 19, 2023
|
By:
  • Andrea Hsu
United Auto Workers President Shawn Fain marches with UAW members through downtown Detroit on Friday after a rally in support of UAW members as they strike against the automakers Ford, General Motors and Stellantis.

Tagged as: 

  • Business

UAW strike, Day 4: GM threatens to send 2,000 workers home, Ford cuts 600 jobs

Autoworkers are on strike at General Motors, Ford and Stellantis, an unprecedented move by the United Auto Workers union. Already, there are ripple effects.

September 18, 2023
|
By:
  • Andrea Hsu
The sign for a T-Mobile store is seen, Jan. 30, 2023, in Pittsburgh. T-Mobile plans to cut 5,000 jobs, or about 7% of its workforce, the U.S. wireless carrier announced Thursday, Aug. 24.

Tagged as: 

  • Business

T-Mobile is laying off 5,000 employees

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.

August 24, 2023
|
By:
  • Ayana Archie
The Pinova plastic resin manufacturing plant in Brunswick, Georgia caught on fire on Saturday April 15, 2023. A mandatory evacuation was ordered for everyone within a 0.5 mile radius from the plant.

Tagged as: 

  • Business

Brunswick job fair planned for laid-off Pinova workers, following April fire at company's factory

As Pinova closes operations, many former and current employees are looking for new work.

July 12, 2023
|
By:
  • Benjamin Payne
GPB News NPR

Tagged as: 

  • Media

'Los Angeles Times' to lay off 13% of newsroom

The L.A. Times is the latest in a string of media outlets to cut staff, citing economic headwinds. Leaders say 74 journalists will lose their jobs.

June 07, 2023
|
By:
  • David Folkenflik
As of March 2023, there were 316,000 job openings in tech, according to the nonprofit IT association CompTIA. Despite mass layoffs in Silicon Valley, tech jobs remain plentiful.

Tagged as: 

  • Business

Need a job? Tech remains a good bet despite mass layoffs in Silicon Valley

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.

April 26, 2023
|
By:
  • Andrea Hsu
McDonald's is closing U.S. offices this week and laying off hundreds of employees. Journalist Adam Chandler explained what the layoffs mean on Morning Edition.

Tagged as: 

  • Business

Four key takeaways from McDonald's layoffs

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.

April 05, 2023
|
By:
  • Ally Schweitzer
The headquarters for National Public Radio in Washington on April 15, 2013.

Tagged as: 

  • Media

NPR cancels 4 podcasts amid major 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.

March 24, 2023
|
By:
  • David Folkenflik and
  • Mary Yang
A Tyson food product is seen in Montpelier, Vt., on Nov. 18, 2011. Tyson Foods says the company is closing two facilities that employ more than 1,600 people in an effort to streamline its U.S. poultry business.

Tagged as: 

  • Business

Tyson will close poultry plants in Virginia and Arkansas that employ more than 1,600

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.

March 15, 2023
|
By:
  • The Associated Press
A person stands in front of a Meta sign outside of the company's headquarters in Menlo Park, Calif. on March 7.

Tagged as: 

  • Business

Facebook parent Meta slashes 10,000 jobs in its 'Year of Efficiency'

Meta CEO Mark Zuckerberg announced the company is cutting another 10,000 jobs after it laid off 11,000 workers late last year.

March 14, 2023
|
By:
  • Mary Yang
NPR will cut 10% of its workforce, CEO John Lansing said Wednesday. Lansing blamed a slowdown in advertising dollars.

Tagged as: 

  • Media

With layoffs, NPR becomes latest media outlet to cut jobs

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.

February 23, 2023
|
By:
  • David Folkenflik
Emma Alexander was recently laid off from Goldman Sachs, along with over 3,000 other employees. Although the layoffs were unusually large this year, they are an ever-lurking prospect for people who work in finance.

Tagged as: 

  • Business

It's nothing personal: On Wall Street, layoffs are a way of life

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.

February 05, 2023
|
By:
  • David Gura
Microsoft said it plans to cut 10,000 jobs, or about 5% of its workforce, in the first months of 2023.

Tagged as: 

  • Business

Microsoft slashes 10,000 jobs, the latest in a wave of layoffs

Amazon, Salesforce and Goldman Sachs have also announced cuts during a brutal January for corporate workers.

January 18, 2023
|
By:
  • Bobby Allyn and
  • Mary Yang
The Goldman Sachs logo is seen at the New York Stock Exchange in New York City on Sept. 13, 2022. Goldman is laying off up to 3,200 employees as it faces a more challenging business environment.

Tagged as: 

  • Business

Goldman Sachs is laying off as many as 3,200 employees this week

The prestigious investment bank is undertaking one of its biggest rounds of layoffs since the Global Financial Crisis.

January 10, 2023
|
By:
  • David Gura
Unemployment tends to rise in January, historically one of the busiest months for layoffs.

Tagged as: 

  • Your Money

January is often a big month for layoffs. Here's what to do in a worst case scenario

From calling creditors to announcing your job loss on social media, a solid game plan can make a layoff sting a lot less.

January 03, 2023
|
By:
  • Arezou Rezvani
  • Load More

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