job cuts: Top IT companies cut over 72,000 jobs in FY24
Related Articles
-
Fed to meet amid dwindling hopes of summer rate cuts
The Fed's decision to hike interest rates and then hold them at a 23-year high has helped to significantly lower elevated inflation, although it remains stuck firmly above the US central bank's long-term target of two percent.Since the start of this year, the Fed's favored inflation measure has actually accelerated, hitting an annual rate of 2.7 percent in March, while economic growth has slowed, and the labor market has remained robust.The current environment, analysts say, is likely to lead...
-
Trib Total Media: UPMC Cutting 1,000 Jobs
Trib Total Media of Pittsburgh reports UPMC is cutting 1,000 jobs because of post-pandemic challenges. Vice President and Chief Communications Officer Paul Wood said the reductions will impact just over 1% of UPMC’s more than 100,000-member workforce systemwide. He said layoffs primarily are taking place among non-clinical, administrative staff who don’t deal directly with patients. […]
-
Miami Seaquarium Faces Uncertain Future Amid Eviction Threat
Miami-Dade County recently issued an eviction letter to the Miami Seaquarium, sparking concerns about the fate of the animals.