Best Buy Layoffs

Best Buy Co. notified workers this week that it was cutting some jobs at its big box stores, according to people familiar with the situation, as the retailer adapts to a world where more shopping […]

By |2021-02-11T10:37:04-05:00February 11, 2021|Articles|Comments Off on Best Buy Layoffs

Boeing Gets a Boost

Irish low-cost carrier Ryanair’s firm order for 75 additional 737 MAX airplanes on Thursday provided a much-needed boost for Boeing as it struggles to revive its fortunes after the MAX crash tragedies and the global […]

By |2020-12-04T09:48:07-05:00December 4, 2020|Articles|Comments Off on Boeing Gets a Boost

ESPN to Cut 500 Jobs

Walt Disney Co.’s ESPN is reducing its workforce by about 10% through a combination of layoffs and attrition of employees, including remote workers, according to a person familiar with the matter. The cuts come as […]

By |2020-11-06T10:56:50-05:00November 6, 2020|Articles|Comments Off on ESPN to Cut 500 Jobs

Rough Quarter for Car Sales

Most automakers have shifted to a quarterly release of U.S. new-vehicle sales data, but if they were hoping to limit the number of bad headlines during the Covid-19 crisis, perhaps a biannual or even biennial […]

By |2020-07-02T11:25:55-04:00July 2, 2020|Articles|Comments Off on Rough Quarter for Car Sales

Macy’s to Cut 3,900 Jobs

Macy’s is eliminating about a quarter of its corporate workforce, slashing 3,900 white-collar jobs in a sweeping effort to cut costs during the coronavirus pandemic. The layoffs announced Thursday come just months after the beleaguered […]

By |2020-06-26T09:56:14-04:00June 26, 2020|Articles|Comments Off on Macy’s to Cut 3,900 Jobs

Boeing’s Massive Layoff Plan

Boeing told employees Wednesday that almost 7,000 of them will receive layoff notices this week. With more than 5,500 voluntary buyouts added in, the company will slash almost 12,300 U.S. jobs in this first batch […]

By |2020-05-28T11:08:29-04:00May 28, 2020|Articles|Comments Off on Boeing’s Massive Layoff Plan