US Job Cuts
The Latest
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U.S. Airlines Cut 29,000 Workers Through Mid-October: Transportation Department
The U.S. passenger and cargo airline industry saw total employment fall by nearly 29,000 workers through the month ending in mid-October as government restrictions on laying off staff expired. The U.S. passenger and cargo airline industry saw total employment fall by nearly 29,000 workers through the month ending in mid-October as government restrictions on laying off staff expired. -
Exxon To Cut 14,000 Jobs As Pandemic Hits Oil Demand
Exxon Mobil Corp said on Thursday it could cut its global workforce by about 15%, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices. Exxon Mobil Corp said on Thursday it could cut its global workforce by about 15%, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices. -
UPS Offering Voluntary Separation Packages To Trim Workforce
UPS is planning to offer buyout packages to its non-operations management employees as part of its transformation strategy. UPS is planning to offer buyout packages to its non-operations management employees as part of its transformation strategy. -
Technology And Not China Should Get Blamed For Lost Jobs
The International Monetary Fund (IMF) says that China isn’t why people in developed countries lose their jobs. The International Monetary Fund (IMF) says that China isn’t why people in developed countries lose their jobs. -
HP To Conduct Major Restructuring That Will Cut 16 Percent Of Its Workforce
Hewlett-Packard announced that it would be cutting 13 to 16 percent of its workforce as part of its transition to become more of a software and services-focused company. Hewlett-Packard announced that it would be cutting 13 to 16 percent of its workforce as part of its transition to become more of a software and services-focused company.