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U.S. job cuts rise 33% M/M in December; year's total climbs 5.5%: Challenger Job Cuts report
The number of job cuts announced by U.S. employers in December rose 33% M/M to 38,792, representing an 11% increase from December 2023, outplacement and executive coaching firm Challenger, Gray & Christmas said on Thursday.
Microsoft reportedly set to make performance-based job cuts
Microsoft is reportedly planning to initiate performance-based job cuts across multiple departments. The news was first reported in Business Insider and later corroborated by CNBC.
Jobs Report: December Hiring Set to Slow
Follow live coverage and analysis of the December jobs report, set to be released Friday at 8:30 Eastern time.
Expected December Employment Report: Job Growth Slows, but Wages and Unemployment Hold Steady
The Non-Farm Employment Change report is due for the December 2024 period and is expected to be released today, January 10, 2025, at 8:30 AM ET. The consensus among forecasters is that new jobs added came in at
14h
on MSN
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on ...
1d
2024 Had Most Job Cuts In 15 Years—With One Exception
Job cuts from U.S.-based companies were the highest they’ve been in 15 years in 2024—with the exception of 2020 job losses ...
2d
Microsoft is planning job cuts and focusing more on underperforming employees
The moves are part of a broader change in Microsoft's approach, which includes taking a harder look at low performers, ...
1d
on MSN
Microsoft layoffs: Tech giant’s job cuts stretch into 2025, now focusing on performance
Microsoft plans to make a new round of layoffs across the company, impacting employees whose performance has been deemed to ...
LIVE
6h
Live Updates: U.S. Job Growth Expected to Remain Solid
Top-level data shows a consistent pace of hiring, but other numbers point to weakening in the labor market, with fewer open ...
23h
on MSN
The final jobs report for 2024 lands Friday. Here’s what 2025 could mean for your job
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019.
1d
on MSN
Tax rises and job cuts as police at 'tipping point'
Residents could pay more for policing as a force warns it has already cut community officer numbers to urgently balance its ...
Reuters
12d
Roche has no plans for job cuts and business is healthy, CEO says
ZURICH, Dec 29 (Reuters) - Swiss pharmaceutical company Roche (ROG.S), opens new tab is not planning
job
cuts
and its business is healthy, CEO Thomas Schinecker was quoted as saying by a Swiss ...
3d
on MSN
New Budget blow for Starmer as retailers warn of price hikes and job cuts
Retailers will be particularly hard hit by chancellor Rachel Reeves’s planned hike to employers’ national insurance ...
4d
Budget blamed as job cuts hit 'four-year high' and price hikes loom
There will be concern within the Bank of England that firms raising prices to offset budget tax rises could curb its ability ...
19h
200,000 Wall Street Jobs May Be Slashed By Artifical Intelligence
The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its ...
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