NYC food-delivery workers losing jobs after minimum wage hike: report
New York City’s minimum wage hike has boosted pay for food delivery workers who have managed to stay employed, but city officials report that thousands have lost their jobs as the cost of delivering meals has skyrocketed. A report from New York City’s Department of Consumer and Workforce Protection said pay has increased substantially due […]
San Francisco area piles on hundreds more to 45,000 Big Tech jobs lost in two years
Big Tech has announced plans to cut hundreds of more jobs in a California region that has lost 45,000 jobs in the industry since 2022. According to a filing Intuit sent to the state Employment Development Department, the firm will chop 384 workers at its headquarters in Mountain View, California. The announcement comes as the […]
Failing CNN to Axe 100 Jobs, Try to Survive with ‘Lifestyle Journalism
Two big announcements from CNN on Wednesday. First, the far-left conspiracy media outlet announced it was cutting about 100 staff. Second, do not have Announced is the launch of a CNN streaming subscription service. In return, CNNLOL will launch several free streaming channels, namely “Free Ad-Supported Streaming TV” (FAST). You see, CNN knows that no […]
Wendy’s, Jersey Mike’s franchise owners slash hours, jobs to offset labor costs from California’s new $20 minimum wage
Wendy’s and Jersey Mike’s franchise owners in California have cut hours and staff to offset higher labor costs caused by the state’s new $20 minimum wage. Lawrence Chen, who owns seven Wendy’s franchises with his family in Southern California, said he has not only cut his hours but also helped fill shifts at his burger […]
CNN Says It Will Cut 100 More Jobs To Better Focus On Its Digital Service
The exterior of Cable News Network’s (CNN) world headquarters in Atlanta, Georgia, November 17, 2022. (Photo by Brandon Bell/Getty Images) James Myers of OANWednesday, July 10, 2024 1:42 PM CNN The company plans to cut an estimated 100 jobs as part of a new shift to restructure its operations and strengthen its digital media presence, […]
TurboTax parent Intuit slashing nearly 2K jobs, plans shift to AI products
TurboTax parent company Intuit said on Wednesday it would lay off about 1,800 employees, or 10% of its workforce, to focus on its AI-powered tax preparation software and other financial products. The company has invested heavily over the past few years in providing AI-powered accounting and tax preparation tools to small and medium-sized businesses, but […]
Economic optimism rises as U.S. job market adds 206,000 jobs
The unemployment rate rose slightly, but employment increased by more than 200,000. (iStock) The U.S. job market is gradually stabilizing, as evidenced by the addition of 206,000 jobs in June. According to the Bureau of Labor StatisticsIndustries driving this growth include government, healthcare, social assistance and construction. Despite the increase in employment, the unemployment rate […]
Dyson to Cut 1,000 UK Jobs as Part of Global Workforce Review
Home appliances maker Dyson will cut around 1,000 jobs in the UK as part of a global workforce review, reducing its UK workforce by more than a quarter. The bold move comes less than a week after the left-wing Labour Party won the general election and appointed Chancellor Sir Keir Starmer as its leader. The […]
Emma Roberts claims she’s lost jobs because of famous family members: ‘People have opinions’
Speaking of her career in Hollywood, Emma Roberts She claims she lost her job due to something beyond her control. In a new interview FlauntThe Scream Queens actress, whose father is actor Eric Roberts and whose aunt is Oscar-winning actress Julia Roberts, spoke about the pros and cons of having a famous family and explained […]
Dow Jones Today: Big Tech Boosts Nasdaq to Record; Yields Slip After Jobs Report – Investopedia
Retail investors hold back on purchases ahead of earnings season 1 hour 4 minutes ago Individual investors are not increasing their investments ahead of the upcoming earnings season as they have in past quarters. “While investors typically become active ahead of earnings releases to try their luck with their favorite stocks, there are no signs […]