Tag Archives: cuts

State Department layoffs begin Friday with 1,300 job cuts. Here’s the breakdown

July 11, 2025 State Department layoffs begin Friday with 1,300 job cuts. Here’s the breakdown BY Jennifer Mattson The State Department is set to begin firing more than 1,300 people on Friday, according to multiple sources including The New York Times, The Washington Post, and CNN, who has seen an internal memo on the matter. Secretary … Continue reading State Department layoffs begin Friday with 1,300 job cuts. Here’s the breakdown

NOAA cuts could impact life-saving avalanche forecasts

March 06, 2025 NOAA cuts could impact life-saving avalanche forecasts BY Associated Press Officials in the Western U.S. who warn the public about avalanches are sounding a different type of alarm. They say they’re worried that the Trump administration firing hundreds of meteorologists and other environmental scientists could hinder life-saving forecasts that skiers and mountain drivers rely on. … Continue reading NOAA cuts could impact life-saving avalanche forecasts

Inflation cools for the fourth straight month, paving the way for interest rate cuts

July 11, 2024 Inflation cools for the fourth straight month, paving the way for interest rate cuts The latest inflation readings will likely help convince the Fed’s policymakers that inflation is returning to its 2% target. BY Associated Press Inflation in the United States cooled in June for a third straight month, a sign that the … Continue reading Inflation cools for the fourth straight month, paving the way for interest rate cuts

How Target plans to bounce back with its private-label brands and price cuts

June 14, 2024 How Target plans to bounce back with its private-label brands and price cuts Target has more than 45 private labels, including Good & Gather and Favorite Day food brands, which generate more than $30 billion in sales each year. BY Reuters “Target is my backup option,” said Chloe Guss, a shopper at the … Continue reading How Target plans to bounce back with its private-label brands and price cuts

The Fed’s preferred inflation gauge jumps 2.7% in March, diminishing hopes for interest rate cuts

April 26, 2024 The Fed’s preferred inflation gauge jumps 2.7% in March, diminishing hopes for interest rate cuts The Fed is unlikely to cut interest rates. BY Associated Press A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and … Continue reading The Fed’s preferred inflation gauge jumps 2.7% in March, diminishing hopes for interest rate cuts

Apple layoffs: iPhone maker cuts over 600 jobs after reportedly killing off car its project

April 05, 2024 Apple layoffs: iPhone maker cuts over 600 jobs after reportedly killing off its car project The tech giant has filed a WARN notice with the state of California. BY Michael Grothaus Since late 2022, every major tech company has initiated mass layoffs—with the exception of Apple. But now that is finally about to … Continue reading Apple layoffs: iPhone maker cuts over 600 jobs after reportedly killing off car its project

Apple cuts over 700 jobs following its car and display project closures

Apple cuts over 700 jobs following its car and display project closures Eight offices in Santa Clara, California were affected by the layoffs. Mariella Moon   Fri, Apr 5, 2024 Apple Over 700 people at Apple have recently lost their jobs, according to the latest WARN report posted by the Employment Development Department of California … Continue reading Apple cuts over 700 jobs following its car and display project closures

Instacart cuts 250 jobs after reporting increased revenue

Instacart cuts 250 jobs after reporting increased revenue That equals about seven percent of its workforce. Sarah Fielding Updated Thu, Feb 15, 2024 Dado Ruvic / reuters Another day, another layoff occuring in the tech world. Instacart, the popular grocery delivery and pick-up service has announced the termination of 250 employees — about seven percent … Continue reading Instacart cuts 250 jobs after reporting increased revenue

Zoom laid off its DEI team—and it’s not the only company making such cuts

  By Pavithra Mohan February 08, 2024 Earlier this month, Zoom followed in the footsteps of many of its peers in the tech industry and laid off 150 employees—about 2% of its workforce—in an effort to redirect its resources and invest in what the company described as “critical areas for the future.” One of the … Continue reading Zoom laid off its DEI team—and it’s not the only company making such cuts