The food production company said that the cuts were part of a long-term strategy ‘to strengthen Cargill’s impact,’ which includes realigning resources. BY Associated Press Agribusiness giant Cargill is laying off thousands of its employees. Cargill confirmed this week that it would be reducing its global workforce by about 5%. In a statement sent to The … Continue reading Cargill is laying off thousands of workers
Category Archives: Employee Layoffs
Europe’s auto companies plan plant closures and layoffs
Stellantis and Valeo are among the auto companies that flagged layoffs and site closures announced in recent months. BY Reuters A slew of automotive companies have recently announced plant closures and big layoffs in Europe as they struggle with weak demand, high production costs, competition from Chinese rivals, and slower-than-expected electric vehicle transition. Below are some … Continue reading Europe’s auto companies plan plant closures and layoffs
New York Times Tech Guild workers end strike, but negotiations will continue
November 12, 2024 New York Times Tech Guild workers end strike, but negotiations will continue More than 600 tech workers of the NYT had gone on a strike amid stalled contract negotiations over pay and job security, planning daily protests during the crucial election day period. BY Reuters The New York Times Tech Guild is ending … Continue reading New York Times Tech Guild workers end strike, but negotiations will continue
Tech layoffs continue in October 2024 as Dropbox, Tidal, Meta, and other high-profile companies cut jobs ahead of the holidays
October 31, 2024 Tech layoffs continue in October 2024 as Dropbox, Tidal, Meta, and other high-profile companies cut jobs ahead of the holidays Crypto exchange Kraken and online course giant Coursera were also among the firms to cut jobs. The good news is, tech layoffs in general appear to be on the decline. BY Michael Grothaus3 … Continue reading Tech layoffs continue in October 2024 as Dropbox, Tidal, Meta, and other high-profile companies cut jobs ahead of the holidays
Boar’s Head listeria update: Liverwurst discontinued, plant closed, workers laid off after recall and deadly outbreak
September 19, 2024 Boar’s Head listeria update: Liverwurst discontinued, plant closed, workers laid off after recall and deadly outbreak The embattled deli meat supplier has issued a WARN notice with the Virginia Employment Commission saying 600 jobs were impacted by its Jarratt plant closure. BY Michael Grothaus In late July, the Centers for Disease Control and … Continue reading Boar’s Head listeria update: Liverwurst discontinued, plant closed, workers laid off after recall and deadly outbreak
The US lays out a road safety plan that will see cars ‘talk’ to each other
The US lays out a road safety plan that will see cars ‘talk’ to each other Vehicle-to-everything tech could prevent hundreds of thousands of crashes, advocates say. kris holt Sat, Aug 17, 2024 ASSOCIATED PRESS The US Department of Transportation has laid out a nationwide road safety plan [PDF] that will lead … Continue reading The US lays out a road safety plan that will see cars ‘talk’ to each other
Paramount laying off another 15 percent of its US workforce
Paramount laying off another 15 percent of its US workforce The company let go of 3 percent of its employees back in February. lawrence bonk Updated Tue, Aug 13, 2024 Paramount Paramount is laying off 15 percent of its US workforce, according to reporting by Deadline. This follows a lean second quarter … Continue reading Paramount laying off another 15 percent of its US workforce
Tech and media layoffs August 2024 update: Paramount Global, Dell, LegalZoom, Axios cut jobs
August 09, 2024 Tech and media layoffs August 2024 update: Paramount Global, Dell, LegalZoom, Axios cut jobs A number of high-profile firms in the tech and media sectors are significantly reducing their workforces. Here’s what to know. BY Michael Grothaus It hasn’t been a good month for job security in the media and tech industries as … Continue reading Tech and media layoffs August 2024 update: Paramount Global, Dell, LegalZoom, Axios cut jobs
Intel will cut over 15,000 jobs in a sweeping cost-cutting effort
Intel will cut over 15,000 jobs in a sweeping cost-cutting effort The company’s Q2 net loss was $1.6 billion. anna washenko Fri, Aug 2, 2024 ASSOCIATED PRESS In a crushing quarterly update, Intel disclosed that it will cut more than 15 percent of its workforce. The layoffs, which could impact over 15,000 jobs, … Continue reading Intel will cut over 15,000 jobs in a sweeping cost-cutting effort
80% of managers say they use layoffs as a soft firing, and not for cost-cutting
July 31, 2024 80% of managers say they use layoffs as a soft firing, and not for cost-cutting According to a new survey, business leaders have used layoffs to head off lawsuits and avoid hurting employees’ feelings, among other reasons. BY Shalene Gupta Technically, layoffs occur because a company is cost-cutting or restructuring, and not through … Continue reading 80% of managers say they use layoffs as a soft firing, and not for cost-cutting