(NEW YORK) -- Amazon's layoffs will continue into the new year, CEO Andy Jassy said in a new memo Thursday. The announcement comes a day after the tech company began layoffs of workers on its devices team, which focuses on products like its voice-operated Alexa,... Read More.
(NEW YORK) -- Amazon began layoffs on Wednesday of workers on its devices team, which focuses on products like its voice-operated Alexa, Dave Limp, senior vice president of devices and services, said in a memo. The move adds the company to a list of major... Read More.
(NEW YORK) -- A rude awakening for the tech industry this year has triggered a slew of layoffs at major companies. Sales at top tech firms have retreated from the blistering pace attained during the pandemic, when billions across the world were forced into isolation.... Read More.
(NEW YORK) -- Twitter will begin layoffs on Friday, the company announced in an email. "In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday," the company wrote in an email... Read More.
(MINNEAPOLIS) -- Ahead of the new school year, Minneapolis Public Schools has defended its agreement reached with the teacher's union this spring to prioritize retaining educators of underrepresented backgrounds when determining layoffs. Effective in the spring of 2023, the contract provision states that teachers who... Read More.
(ROME) -- Commercial airline workers in Italy hoped to save flight industry jobs this week, protesting possible layoffs. Hundreds of employees of Italy's top carrier Alitalia were among the protesters outside Rome's main international airport, calling for the troubled company to be nationalized and... Read More.
By CATHERINE THORBECKE, ABC News(WASHINGTON) -- Two sets of data released Thursday by the government paint different pictures of an economy entrenched in the middle of the coronavirus crisis.Third-quarter GDP grew at a record 33.1% annualized rate, indicating... Read More.
By CATHERINE THORBECKE, ABC News(WASHINGTON) -- Hundreds of thousands of Americans -- 837,000 to be exact -- filed for unemployment insurance last week, the Department of Labor said Thursday.This marks the 28th straight week that initial unemployment claims... Read More.
By CATHERINE THORBECKE, ABC News(NEW YORK) -- Salesforce has confirmed to ABC News that the software firm is planning to eliminate jobs soon after reporting what CEO Marc Benioff called "one of the best quarters in Salesforce's history."The... Read More.