Layoffs
- Money
Corporate profits are soaring even as layoffs mount. Economists call it a “jobless boom.”
The current state of the U.S. economy is a tale of two stories – while corporate profits are soaring and…
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Layoffs soared in October to their highest for the month in 22 years, report says
October proved to be a challenging month for the job market in the U.S., with layoffs reaching over 153,000, making…
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Paramount TV Layoffs Hit CBS Entertainment, Paramount+, MTV, and More
Paramount Initiates Major Layoffs Following Merger with Skydance After the recent merger with Skydance, Paramount has made the decision to…
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“No hire, no fire” job market may no longer be a thing as big companies announce mass layoffs
The job market in 2025 has been characterized by economists as a period of “no hire, no fire,” where job…
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Amazon Layoffs to Hit 30,000 Corporate Employees (Report)
Amazon is facing a major corporate restructuring that will result in significant layoffs for tens of thousands of employees. This…
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Paramount Skydance Mass Layoffs to Start Week of Oct. 27
Paramount Skydance employees are bracing themselves for a significant wave of layoffs as part of David Ellison’s new management strategy.…
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Layoffs across the U.S. this year are at their highest level since 2020, new data shows
The U.S. job market is facing significant challenges this year, with nearly 950,000 jobs cut through September, marking the highest…
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Spirit Airlines to cut capacity by 25% starting this fall, hints at layoffs
Spirit Airlines, the budget carrier that recently filed for bankruptcy, is taking drastic measures to restructure its operations. The airline…
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Jobless claims reach highest level since 2021, a sign layoffs are rising
The latest federal labor data reveals that there has been a significant increase in the number of U.S. workers filing…
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