Jobless claims show no spike in layoffs
admin The numbers: Initial jobless claims fell by a seasonally adjusted 1,000 to 205,000 in the…
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Amazon confirms more than 18,000 layoffs, far more than originally expected
Amazon.com Inc.’s AMZN, -0.79% layoffs will affect more than 18,000 employees, the highest reduction tally…
Read MoreMicron sales dive nearly 50%, and decline is expected to get worse as layoffs planned
Micron Technology Inc.’s revenue dropped 47% in its fiscal first quarter, and management projected that…
Read MoreU.S. jobless claims jump to 240,000, highest since August
The numbers: Initial jobless benefit claims rose by 17,000 to 240,000 in the week ended…
Read MoreAmazon CEO says more layoffs are coming in 2023
Amazon.com Inc. plans more layoffs, but employees will have to wait until 2023 to see…
Read MoreU.S. jobless claims dip to 220,000 but layoffs are starting to rise
The numbers: The number of Americans who applied for unemployment benefits in mid-November fell slightly…
Read MoreRecessions always spur big layoffs, but the Fed thinks this time might be different
Can the Federal Reserve slow the economy and crush high inflation without triggering mass layoffs?…
Read MoreU.S. jobless claims tick higher in latest week
The numbers: Initial jobless claims rose 7,000 to 225,000 in the week ended November 5,…
Read MoreU.S. jobless claims tick higher in latest week
The numbers: Initial jobless claims rose 5,000 to 225,000 in the week ended November 5,…
Read MoreFacebook parent Meta begins mass layoffs of 11,000 workers as Mark Zuckerberg says ‘I take responsibility’
Massive layoffs at Meta Platforms Inc. began Wednesday, offering a slight boost to the social-media…
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