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Wayfair layoffs hit remote workers as staffers fret over future

The report said recent job cuts announced by Wayfair primarily affected those working from home, and staff were left feeling uncertain about the future of the interiors site during a tense all-hands meeting. Executives at the Boston-based company sought to reassure worried staff Tuesday, insisting that a sale is not on the table. According to […]

United Auto Workers endorses Biden ahead of likely rematch with Trump

The United Auto Workers (UAW) endorsed President Biden on Wednesday, boosting his campaign's focus on the November election. UAW President Sean Fein introduced Biden's speech at the conference in Washington, D.C., and expressed support for the union, citing the president's recent solidarity with strikes against major automakers. “He heard the call and got up and […]

Chipotle bringing on board 19K workers as it gears up for ‘burrito season’

Chipotle's “cobots” are designed to work alongside human employees, increasing their efficiency and ability to fulfill digital orders. Chipotle plans to hire more employees for the impending “burrito season.” The Mexican fast-food chain said Wednesday it aims to hire a total of 19,000 new staff ahead of its restaurants' usual busy season of March to […]

EBay laying off 1,000 workers — 9% of workforce

eBay plans to lay off about 1,000 full-time employees, about 9% of its workforce, the company announced, as it seeks to reverse a significant downturn in its once-booming online market. . The San Jose, California-based auction site on Wednesday began notifying affected employees via Zoom and asked remaining employees to work from home “to provide […]

Plane carrying Rio Tinto workers to diamond mine crashes in Canada, resulting in fatalities

Check out what's being clicked on FoxBusiness.com A small plane carrying Rio Tinto employees to the company's Diavik diamond mine in Canada's remote Northwest Territories crashes shortly after takeoff, killing many. The aircraft, identified by the Transportation Safety Board of Canada as a BAE Jetstream, was spotted near the Slave River after departing from Fort […]

Alphabet’s X division lays off dozens of workers to further cut costs

Google's parent company Alphabet is reportedly laying off dozens of employees in a secret division that develops new technology as part of the search giant's broader cost-cutting drive. In recent months, the unit, known as X Lab, has been in talks with venture capitalists, sovereign wealth funds and private equity firms to raise money, according […]