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The AI data-labeling company is laying off 200 full-time employees and will stop working with 500 contractors.
Dow will start seeing a boost to profitability from the shutdowns in 2026. The stock has dropped 32.4% in 2025, making it the Materials Select Sector SPDR ETF's XLB worst performing component over ...
The strong jobs report also spurred a spike in Treasury yields and reduced expectations for the Federal Reserve to cut ...
Xbox managers expect substantial job cuts across the gaming division next week as Microsoft continues streamlining processes following its $69 billion Activision Blizzard acquisition.
The U.S. government’s quest to slash the federal workforce has jolted the job markets in California and the Bay Area.
The U.S. government's quest to rein in -- or even slash -- the federal workforce has jolted the job markets in California and the Bay Area, with the nine-county region being hit especially hard.
AMTRAK will cut about 450 jobs to save $100 million annually following a management review.
U.S. stocks moved sharply higher Friday following a better than expected April jobs report. The Dow Jones Industrial Average rose 612 points, or 1.5%. The S&P 500 gained 1.6% to extend its recent ...
Stocks cratered on April 3 when the markets opened after Trump's announcement. The Dow Jones Industrial Average fell more than 4% (about 815 points), the S&P 500 tumbled 3.4%, and the Nasdaq ...
Job cut announcements soared in March with federal workforce layoffs leading the way behind the Trump administration's actions to shrink government agencies.
Announcements of federal government job cuts skyrocketed in the past two months — hitting 280,253 for federal workers and contractors, Challenger, Gray & Christmas said on Thursday.
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