Estee Lauder trimming its workforce by up to 7,000 jobs
See what you are clicking on foxbussiness.com. ESTEE Lauder announced on Tuesday that it will reduce up to 7,000 positions from labor. The cosmetics company announced the updated “Recovery and Growth Plan”, and stated that it would eliminate 5,800-7,000 roles on Tuesday's second quarter of financial results. The number of positions affected by up to […]
‘You’re Demonizing An Entire Workforce’: Jake Tapper Aghast When Trump Advisor Says Gov’t Workers Are Often ‘Far Left’
The CNN host Jake Tapper blamed the White House assistant Steven Miller, “Miller described the federal employee” left “and then” demonstrated “the federal labor on Tuesday. Dozens of senior officials of the U.S. International Development Bureau (USAID) took a vacation after being allegedly resisting the freezing of a specific subsidy. According to Fox News was […]
Trump plans barrage of Day 1 executive actions on border, energy, federal workforce
President-elect Trump is planning a series of executive actions on energy, borders and immigration on his first day in office, four sources told The Hill. Incoming White House deputy chief of staff for policy Stephen Miller briefed Republican congressional leaders on Sunday on a number of planned actions, three sources said. Trump is expected to […]
Jack Daniel’s maker to slash 12% of its workforce as consumers’ alcohol consumption dries up
Brown-Forman, the maker of Jack Daniel's, announced Tuesday that it will cut 12% of its workforce as more consumers cut back on their alcohol consumption. Brown-Forman, the 155-year-old Louisville, Kentucky-based company that also makes Woodford Reserve, Old Forester and other spirits, will close its barrel-making operations by April 25th. The company says its so-called Cooperage […]
Meta To Reduce Workforce By 5% As Zuckerberg Focuses On Reducing ‘Low Performers’
In this photo illustration, the Meta logo and its verified logo are displayed on a screen in Santa Rosa, Philippines on January 8, 2025. (Photo illustration: Ezra Acayan/Getty Images) OAN Staff James Myers1:41pm – Tuesday, January 14, 2025 Meta Inc. plans to cut about 5% of its workforce this year in a bid to weed […]
Meta cutting 5% of workforce through performance-based attrition
Meta CEO Mark Zuckerberg recently appeared on Joe Rogans' podcast, and the two discussed the company's culture shift in a wide-ranging interview. Facebook's parent company, Meta, announced Tuesday that it plans to cut its workforce, focusing on its worst-performing employees, according to an internal memo to Meta's employees. “We have decided to raise the bar […]
Washington Post lays off 4% of workforce as turmoil engulfs paper
The Washington Post announced Tuesday that it will lay off about 4% of its employees. It's the latest blow to the paper, which has seen huge financial losses as well as an exodus of top talent from a newsroom increasingly estranged from owner Jeff. Bezos and publisher Will Lewis. The paper said the job cuts […]
Outgoing WH official calls for US to bolster cybersecurity workforce by hiring non-degree holders
Outgoing White House cyber czar Harry Corker has announced three key priorities to address the growing threat of digital attacks: more funding, less regulation and opening up cyber jobs to people without college degrees. I asked for something. With adversaries such as Iran, China and Russia mounting near-constant attacks on America's digital infrastructure, President Joe […]
Tesla More than Doubles H-1B Visa Workforce Imported to U.S.
Tesla CEO Elon Musk is using the highly controversial H-1B visa to import foreign workers (mainly from India) to take white-collar jobs in the United States. New data reveals a growing vested interest in the federal government continuing the program. Supporters of President-elect Donald Trump and other have been speaking out against the H-1B visa […]
H-1B Uproar Obscures Vast Workforce of Other White-Collar Migrants
The heated debate over H-1B visa workers masks the much larger influx of other foreign workers into white-collar jobs needed by American college graduates. The federal government issues approximately 130,000 new H-1B visas each year and an additional 650,000 visas or work permits to other white-collar immigrants each year. Many of these nonimmigrant workers are […]