News list for "layoffs"
The number of job cuts announced by U.S. companies last month fell after a surge in October, but still hit the highest level for any November in three years, according to Challenger data, a U.S. employment consultancy. Hiring intentions this year are down 35 percent from the same period in 2024, and year-to-date hiring plans are the lowest since 2010, the report noted. The company said no new holiday hiring plans were announced last month. (Jin Ten)
Due to the delay in the release of official employment data, the market can only look for clues from a variety of private reports. On the one hand, there is a surge in layoffs announcements, and on the other hand, the market judges that it is only "cooling down, not collapsing"... Click to view...
Challenger companies in the United States cut 275,240 jobs in March, compared with 172,017.
Gold fell below $3,000 at one point, the White House reviewed a second round of large-scale layoffs at federal agencies, Putin and Trump agreed to continue to engage if necessary, and the United States is advancing the development of the F-47. What's happening around the world since last Friday?
Economists predict that employment data could start to reflect this trend in the coming weeks as job cuts expand to government contractors. Click to view...
On January 7, Bridgewater, the world's largest hedge fund, cut 7% of its workforce on Monday in an effort to keep the company's organizational structure lean and ensure it can hire top talent flexibly, according to a person familiar with the matter. The cuts affect about 90 employees. The company's current headcount has returned to 2023 levels and will continue to hire selectively, the person said. A spokesperson for Bridgewater said, "For the past three years, Bridgewater has focused on growing...
Bitcoin miner Foundry has laid off 27% of its workforce during a planned restructuring. According to people familiar with the matter, the layoffs include 16% of Foundry's U.S. workforce and some employees of the Indian team. DCG, the parent company of Foundry, which operates Foundry USA, the world's largest bitcoin mining pool, and controls about a third of the market, according to Hashrate Index, has revealed plans to spin off Foundry's self-mining business into a separate entity, but remain un...
Axie Infinity developer Sky Mavis is laying off 21% of its workforce, and according to TechInAsia, the layoffs are expected to affect around 50 of its approximately 250 team members worldwide. "I want to be clear: this decision has nothing to do with the company's budget or financial health," CEO and co-founder Trung Nguyen wrote in an X post on Saturday. "This is a strategic move that allows Sky Mavis to be more focused and positioned for hyper-growth in 2025 and beyond." Nguyen wrote that the ...
On October 29th, according to recent market rumors that China Mobile plans to lay off more than 10% of its workforce, it was learned from China Mobile insiders that the news is not true. The person said that "it is impossible for China Mobile to have such a large-scale layoff."
