Disney’s Woke Pixar Unit to Slash Hundreds of Jobs
Pixar, the main grooming division of Disney Grooming Syndicate, reportedly The company will cut up to 20 percent of its workforce, resulting in more than 300 job losses. Those who hate us and seek to gay and sexualize our young children are about to lose their jobs. Every decent American should rejoice at this news. […]
Citi to cut 20K jobs after worst fourth-quarter loss in 15 years
Citigroup plans to cut 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter profit in 15 years on Friday. CEO Jane Fraser, who announced a sweeping overhaul to consolidate the divisions last November, cut the New York-based bank's global headcount to 180,000. I am aiming to do that. Citi […]
Amazon cutting several hundred jobs in Prime Video, Studios
Amazon announced in an internal memo Wednesday that it will lay off hundreds of employees in its streaming and studio operations, as the company extends massive layoffs from the past two years into 2024. Staff facing departures at Prime Video and Amazon MGM Studios in the Americas will be notified on Wednesday, and by the […]
Biden admin quietly erases 439,000 jobs from initial employment growth reports
The Biden administration's Bureau of Labor Statistics quietly removed 439,000 jobs from its original job growth report from January to November 2023, according to reports. fox business. of BLS It was initially estimated that more than 3 million new jobs would be created in 2023. But nearly a quarter of the job opportunities he thought […]
BlackRock cutting 600 jobs, or 3% of workforce
BlackRock, the world's largest asset manager, said Tuesday it will cut about 3% of its workforce but expects to increase headcount by the end of 2024. The layoffs represent approximately 600 positions, based on BlackRock's 19,800 employees at the end of December 2022, the last time its headcount was updated. According to company officials, no […]
Government Employment Reports Overestimated Jobs By 443,000 in 2023
One reason Americans aren't very happy with the economy, despite the very positive jobs reports released every month, is that those reports are wrong. The Department of Labor estimates nonfarm employment each month and releases it in the Employment Status Report, usually on the first Friday of the month. Initial estimates are based on employer […]
On this day in history, January 9, 2007, Steve Jobs introduces Apple iPhone at Macworld in San Francisco
On this historic day on January 9, 2007, Apple CEO Steve Jobs first unveiled the iPhone to the world, offering a glimpse into a radically different future for personal computing and communications. “It's not only the best-selling gadget ever made, it's also perhaps the most influential,” Wired wrote in a 2018 retrospective of the iPhone's […]
Barclays slashed 5,000 jobs last year in major cost-cutting drive
Barclays announced on Monday that it will cut around 5,000 jobs in 2023 as part of major cost-cutting measures announced last year. The lender said most of the job cuts would be in its support division, Barclays Execution Services, which Reuters reported in November that it was considering cutting thousands of jobs. I checked it […]
Even with Many Working Multiple Jobs, Families Aren’t Prosperous
On CNBC's Friday broadcast of “Last Call,” CNBC contributor and former Sen. Heidi Heitkamp (D-N.D.) said that even though many people hold multiple jobs, “they… “I don't feel financially secure,” and “Biden is the wrong choice.” This campaign aims to tell everyone to smile and say it's great. ” and they “have not been able […]
Initial US employment reports overstated by 439,000 jobs in 2023
There is something wrong with the previous US employment statistics. A closer look at numbers from the Bureau of Labor Statistics shows that the government quietly eliminated 439,000 jobs through November 2023. This means the original employment results were inflated by 439,000 jobs and the job market is not as healthy as the government suggests. […]