Workers are clinging to their jobs as they watch employers lay off staffers in droves. But unlike other leaders, Melanie Dulbecco, the CEO of flavored syrup giant Torani, doesn’t buy the idea that cutting employees is always necessary. “It’s very easy for us to say layoffs are not our approach. I think layoffs are a
WASHINGTON — Slightly fewer Americans filed for unemployment claims last week as jobless claims remain at historically low levels and layoffs are still relatively rare. Filings for benefits dipped to 206,000 last week from a revised 207,000 the week before, the Labor Department reported Thursday. The four-week average of claims, which smooths out week-to-week volatility,
TikTok is laying off 250 employees and closing its Nashville office, which housed some members of TikTok’s content-moderation team. The news was first reported by The New York Times. Zanna Crowley, a spokesperson for the TikTok USDS Joint Venture, confirmed the news, saying that the shuttering was to “streamline our operations and better align our
ESPN is making a new round of layoffs, most of which are related to the Disney-owned sports giant’s deal to take over NFL Network, according to a memo from president Jimmy Pitaro. Pitaro revealed the planned job cuts in a memo to staff Tuesday, a copy of which was obtained by Variety. In February, the
Trade jobs are having a moment. Touted as the smarter, safer alternative to “irrelevant” overpriced degrees and entry-level white-collar jobs (which tech CEOs warn could soon be swallowed by AI), traditional manual work like welding, plumbing, and carpentry is experiencing a resurgence among Gen Z. Around 78% of Americans say they’ve noticed a spike in
The $24 billion Dutch bank ABN Amro is cutting a fifth of its workforce over the next three years—so how is its CEO Marguerite Bérard rallying the troops? By sacrificing her long meals and talking over the growing pains with staffers over weekly lunches. “I now take lunch early and at my desk,” Bérard told
