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The Continuous Improvement Mindset: RXO’s Jamie Harris
The veteran CFO is driving the trucking brokerage spinoff of XPO Logistics toward process efficiency, organic growth, and market share gains.
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Vincent Ryan
| January 27, 2023
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layoffs
Hiring
Small Businesses Have 5M Job Openings
The Fed wants monetary tightening to cut the demand for labor, but small businesses have yet to respond.
By
Vincent Ryan
| December 7, 2022
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Hiring
Too-Strong Jobs Report Will Keep Fed On Course
But other data suggest hiring slowdown as companies reassess staffing needs.
By
Vincent Ryan
| October 7, 2022
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The Cloud
Dropbox to Slash 11% of Workforce
The software company has been shifting to remote work, which "means we require fewer resources to support our in-office environment.”
By
Matthew Heller
| January 14, 2021
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Strategy
Coke to Cut 2,200 Jobs Amid Virus Slowdown
The company has been "trimming expenses and products amid the closures of restaurants, bars, movie theaters and sports stadiums that sell its drinks."
By
Matthew Heller
| December 18, 2020
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Strategy
3M to Cut 3% of Workforce Amid Virus Slowdown
The company's latest streamlining move will enable it to "deliver greater growth and productivity as global markets emerge from the pandemic."
By
Matthew Heller
| December 3, 2020
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Strategy
Charles Schwab to Ax 3% of Workforce
The layoffs will eliminate redundant roles following the TD Ameritrade merger.
By
Lauren Muskett
| October 27, 2020
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Strategy
WarnerMedia Plans More Layoffs as Virus Bites
“Like the rest of the entertainment industry, we have not been immune to the significant impact of the pandemic."
By
Matthew Heller
| October 9, 2020
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The Economy
U.S. Job Gains Slow to 661,000 in September
“The pace of jobs recovery apparent in today’s report suggests that we will be counting the employment recovery in years, not months or quarters."
By
Matthew Heller
| October 2, 2020
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Risk & Compliance
GOP Senators Offer 6-Month Lifeline for Airlines
A new $28 billion relief package would avert layoffs of airline employees as the industry continues to struggle with the COVID pandemic.
By
Matthew Heller
| September 22, 2020
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Strategy
Kohl’s Cuts Corporate Jobs to Save $65 Million
The layoffs will “further align [Kohl’s] cost base in response to the business impact resulting from the COVID-19 pandemic."
By
Matthew Heller
| September 16, 2020
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Workplace Issues
Ford Targets White-Collar Job Cuts in U.S.
The automaker is aiming to trim at least 1,400 positions through voluntary buyouts as it continues to shift to electric and autonomous vehicles.
By
Matthew Heller
| September 2, 2020
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Workforce Management
Now Is the Time to Change Redundancy Strategy
By reducing its size to protect cash flow, a company can irrevocably harm itself.
By
Vincent Ryan
| July 23, 2020
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Strategy
Casper Sleep Lays off 21% of Corporate Workers
The layoffs are part of an effort to cut costs as the company seeks to achieve profitability by mid-2021.
By
Matthew Heller
| April 22, 2020
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The Economy
Jobless Claims Hit Record 22M Over Four Weeks
Weekly claims since the coronavirus shut down the economy now exceed the number of jobs added since the Great Recession.
By
Matthew Heller
| April 16, 2020
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Technology
GoPro to Lay Off 20% of Employees, Shift to Direct Sales
The adventure camera company wants to cut out retailers as revenue drops from the impact of COVID-19.
By
Lauren Muskett
| April 16, 2020
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