Expedia to cut 8% of workforce in restructuring effort
Zuma Global president Heather Zumarraga has responded to a recent report on the Big Money Show that revealed the technology company will cut 32,500 jobs in 2024. expedia group announced Monday that it will cut about 1,500 jobs, or about 8% of its workforce, as part of its latest restructuring efforts. of travel technology The […]
Buzzfeed lays off 16% of its workforce, sells Complex
HuffPost’s parent company, BuzzFeed, announced Wednesday that it will cut 16% of its workforce (the latest in a wave of layoffs by financially struggling media companies) and sell its music and culture-focused site Complex. The digital media company, once an advertising revenue juggernaut, said the cuts are aimed at “reducing centralized costs and making the […]
KY Republican says early childhood education is the answer to workforce, childcare crises
Republican lawmakers on Tuesday promoted an ambitious plan to strengthen early childhood education as a way to avert a looming crisis when pandemic-era federal aid to the child care sector dries up. Sen. Danny Carroll of Kentucky introduced the bill in a Senate committee, where lawmakers delved into issues he said would have short- and […]
Why soft skills are in great demand in today’s workforce
Job performance is determined by a combination of “hard skills,” which are technical knowledge and practical products, and intangible “soft skills,” which are taking the American workplace by storm. Soft skills are non-technical skills related to how you do your job. According to personal finance website The Balance, these skills include how to interact with […]
‘Incredibly ridiculous’: Mayor ripped for inviting migrants to join city’s workforce
OutKick host Tomi Lahren joins ‘Fox & Friends First’ to weigh in after the mayor of Topeka, Kansas, invited migrants to join the … source
Snap to Lay off 10% of Global Workforce to ‘Promote In-Person Collaboration’
Snap, the maker of the social media platform Snapchat, announced it would lay off 10 percent of its global workforce, or about 500 people, to “facilitate in-person collaboration.” According to one source, the company will lay off 20% of its workforce in 2022, and a small number of employees in its product division in November, […]
Estée Lauder slashing up to 5% of workforce on skittish China demand
Estée Lauder plans to cut 3% to 5% of its global workforce as it expands efforts to shore up profits squeezed by Chinese customers cutting back on sales of expensive luxury goods rose 14%. China’s boom after the lifting of pandemic restrictions never materialized, and recent results show mixed demand for luxury goods. While companies […]
Snap lays off 10% of workforce in tech sector bloodbath
Snap announced Monday that it would lay off 10% of its workforce, adding to the debacle that has continued among U.S. tech giants since the beginning of the year. Snap said it expects to incur pre-tax charges “in the range of $55 million to $75 million” as a result of the cuts. The costs “primarily […]
How telework is rescuing the government workforce
Commercial real estate space is suffering due to shift to remote work heavy Pressure from Congressional Republicans, the Biden administration is pressuring federal agencies to return employees to their offices. But this push is at odds with the Office of Personnel Management (OPM), which manages the federal government’s civil service, just released its annual report […]
Outdoor retailer REI slashes workforce by more than 350 workers, prepares for ‘challenging’ year ahead
Check out what’s being clicked on FoxBusiness.com Outdoor retailer Recreational Equipment, Inc. (REI) has laid off 357 employees, according to a message CEO Eric Artz shared with employees. REI announced the layoffs Thursday, detailing that 200 jobs will be affected at its headquarters near Seattle, six in sales and customer service, 30 in the experience […]