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Lay-offs/Redundancies
Walmart Closing Four Stores in Chicago, Citing Years of Losses
The country’s largest retailer by revenue signals some pullback from large cities. Source link
New Normal for PCs Looks Worse Than the Old One
Layoffs, budget constraints and return to office shift complicate the theory of permanent gain. Source link
Laid-Off Tech Workers Launch ‘Revenge Startups’ Just as Money Dries Up
Venture-capital investors, as recently as last year, used to seek out founders who were quitting their tech jobs to launch their own businesses. Now that
McDonald’s Cuts Pay Packages, Closes Offices Alongside Layoffs Across Chain
WSJ News Exclusive Business Fast-food chain offered some employees a chance to remain with reduced compensation Source link
These Tech Workers Say They Were Hired to Do Nothing
Management Managing Your Career Amid layoffs, former workers in tech are venting about jobs with little to do; ‘hoarding us like Pokémon cards’ Source link
March Jobs Report Shows Hiring Gradually Cooled
U.S. hiring gradually cooled in March as employers added 236,000 workers. The unemployment rate fell to 3.5%. Source link
What Happened When Uber's CEO Started Driving for Uber
Dara Khosrowshahi and other executives realized drivers’ complaints were valid. They revamped the app, helping Uber attract workers and extend its lead on Lyft. Driver
Bank Failures. High Inflation. Rising Rates. Is the Resilient Jobs Market About to Crack?
U.S. employers added 5.6 million jobs over 14 months, but gains have shown signs of cooling recently amid economic risks. Source link
Ike Perlmutter: Disney Fired Me From Marvel, I Wasn’t Laid Off
WSJ News Exclusive Media & Marketing Disney says chairman’s dismissal was part of cost-cutting plan; he says it was because he clashed with creative executives
A Boss's Guide to Leading Through Layoff Fears
Rule No. 1 for managing rattled employees: Be upfront about what you do and don’t know. Source link