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Behind Boeing's long decline: "Putting mediocre things together doesn't create a great thing."

Oct 15, 2024
Now, the company has to rebuild trust with workers as well as airline customers who have been canceling orders.
Boeing's downfall can be traced back to the McDonnell-Douglas merger.
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Will AI lead to layoffs? New data from CEOs says no

KPMG's latest U.S. CEO Outlook survey finds that more than 70% of corporate executives feel AI "will not dramatically change their workforce."
"What we feel is that these technologies like generative AI and AI are going to augment the skills of workers and employees," said KPMG's Paul Knopp.
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What would you do to try and avoid a layoff?

Jul 10, 2024
Even with a comparatively low unemployment rate, layoffs are rising. A new survey lays out some of the sacrifices workers are willing to make to avoid that fate.
Between 30% to 40% of workers would be willing to take a demotion or a pay cut, make a longer commute or be relocated to avoid layoffs.
Timothy A. Clary/AFP via Getty Images

Weekly jobless claims dip, but they've climbed this spring. What's the takeaway?

May 16, 2024
Recent data indicates some cooling of the job market, but the real number of people laid off may be higher.
The Conference Board reports more Americans anticipate that jobs will be harder to find, and employment and income trends will worsen, in the coming months.
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Why do companies seem to prefer to cut middle management jobs?

Jan 31, 2024
Whatever the reason, shareholders seem to love hearing that jobs cuts are coming.
UPS announced nearly 12,000 layoffs on Tuesday. There have also been recent layoffs in industries like tech, media and finance.
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What do all the layoffs mean in a supposedly "good" economy?

Jan 26, 2024
In the last few days, Microsoft, eBay and Salesforce have joined the list of companies that have made layoff announcements this month.
eBay announced plans to lay off an estimated 9% of their workforce.
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Is layoff season shifting away from the holidays?

Jan 4, 2024
Employees who lose their jobs at the end of they year may vent on social media. That can hurt a company's reputation, experts say.
A layoff will go down easier if employees get regular updates on the company’s health, says HR consultant Deb Best.
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For public good, not for profit.

Spotify CEO cites "expensive" capital as factor in layoffs. What does that mean?

Dec 4, 2023
The music streaming service just announced its third round of layoffs this year after previous years of intensive borrowing.
For most of Spotify's existence, interest rates barely got above 2%. But once borrowing and debt got expensive, investors became interested in profitability over expansion at any cost.
Kirill Kudryavtsev/AFP via Getty Images

It's a slow summer... for job cuts

Aug 4, 2023
People are scanning today's jobs report for signs of slower job creation and greater wage gains — as unemployment claims hover near pre-pandemic lows, and companies announce fewer layoffs.
“We’re seeing a lot of those individuals being picked up fairly quickly in medium-sized companies," said Jim McCoy with ManpowerGroup
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Latest round of layoffs at Gap Inc. reveal gaps in corporate strategy, analysts say

Apr 28, 2023
The company just announced it would cut 1,800 corporate jobs, in addition to 500 it eliminated last fall.
Gap’s interim CEO said in a statement that recent corporate layoffs are part of a strategy to simplify its operations.
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