Investment bank Goldman Sachs has sounded the alarm about concerning trends in the U.S. labor market. The number of WARN filings, which signal large-scale layoffs across various states, […]
Massive U.S. Job Cuts Signal Market Turmoil
Across the United States, companies are facing a growing wave of layoffs, signaling a shift in the labor market and broader economic uncertainty. Data from ADP and BlockBeats […]
Mixed Signals Emerge in U.S. Employment Trends Amid Recent Layoffs
U.S. companies experienced a mixed bag in recent employment trends, according to data released by ADP Research. The average weekly layoffs reached 2,500 employees over the four weeks […]
U.S. Employment Remains Murky Amidst Recent Layoffs
Recent data paints a mixed picture of the U.S. labor market. ADP Research indicates that, over the four weeks ending November 1st, companies averaged 2,500 weekly layoffs, suggesting […]
U.S. Job Market Feels Pressure Amidst Government Shutdown and Layoffs
Despite the US government shutdown delaying official employment data releases, private institutions have provided insights into the health of the U.S. job market. Job site Indeed reported a […]
Jobs Data Triggers Stock Plunge as Layoffs Surge Amidst Bitcoin Stagnation
The latest employment report surprised investors and policymakers alike. US companies announced a staggering 153,074 layoffs in October – a shocking 183% increase from the previous month and […]
Job Market Plummets: Record-High Layoffs Signal Economic Uncertainty
Challenger, a global outplacement firm, has revealed record-breaking layoffs across numerous sectors over the past few months. This marks the highest job cuts in over two decades and […]
Amazon to Cut 30,000 Corporate Jobs in Largest Layoffs Yet
Amazon is preparing a major workforce reduction impacting as many as 30,000 corporate employees, marking the largest layoff in the company’s history. The cuts are aimed at reducing […]
Meta Reduces AI Staff by 600 as Part of Flexibility Drive
Meta is streamlining its Artificial Intelligence (AI) department with plans to lay off approximately 600 employees, according to Foresight News. The company cited a desire for greater flexibility […]
Tech Industry Layoffs Surge: 181,000+ Jobs Lost in 2025
The global tech industry has experienced a significant spike in layoffs this year, with over 181,457 job cuts recorded through October. According to a report by RationalFX, the […]
White House Weighs Potential Layoffs as Shutdown Looms
Kevin Hassett, Director of the White House National Economic Council, has warned about potential government employee layoffs if a funding stalemate between Democrats and Republicans drags on. While […]
Kugler Sees Rise in Layoff Notices as Inflation Concerns Persist
Federal Reserve Governor Kugler recently pointed out a growing trend of layoff notices across various sectors since the beginning of the year, according to Odaily reports. This observation […]
Ethereum Foundation’s Strategic Shift Raises Questions About Focus and Priorities
Kyle Samani, co-founder of Multicoin Capital, has sparked debate surrounding the Ethereum Foundation’s recent announcement of layoffs and its future strategic direction. Samani argues that the term ‘focus,’ […]
Pemex Announces Major Layoffs as Restructuring Takes Aim at Financial Recovery
Mexico’s state oil company, Pemex, has announced plans to reduce its workforce by over 3,000 positions in an effort to alleviate a mounting financial burden. This restructuring follows […]
Pemex Announces Layoffs of 3,000 Employees Amid Restructuring
Mexican state oil company Pemex is embarking on a major restructuring plan, which includes the layoff of over 3,000 experienced employees. This cost-cutting measure comes amidst mounting financial […]