Tag: employment
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Microsoft laying off 10,000
Microsoft Corp. (MSFT) said it was laying off 10,000 employees, becoming the latest tech titan to announce an additional round of cuts amid concerns about the health of the global economy. Microsoft Lays off 10,000 as Slowdown Hits Software Business – WSJ
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Companies are pushing employees to return to the office
Party time is over I guess. Companies including investment giant Vanguard Group, workplace technology company Paycom Software Inc. PAYC -0.15%decrease; red down pointing triangle and others have sent directives to employees in recent weeks, urging workers to follow existing hybrid schedules or to come into the office on additional days in 2023, according to internal…
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Tech companies laying off employees faster than during the pandemic
Why does the new year have to start out with bad news? 150k jobs cut in 2022. That’s nothing to sneeze at. Collectively, employers in the slumping tech sector cut more than 150,000 jobs in 2022, based on estimates from Layoffs.fyi, a website that tracks the events as they surface in media reports and company releases.…
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Economic confusion for 2022
Microsoft losing talent, Walgreens is booming, AT&T exceeds expectations, some confusing economic numbers, and much much more!
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Systemic Inflation
COVID-19 policies creating systemic inflation, 100 year old trucking company folds, tax loss harvesting, and much more!
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Inflation remains a lingering problem
I wish the federal government would back off a bit. Then we might know exactly where we stand. Eviction and foreclosure moratoriums, a $1 trillion plus infrastructure bill, and now a $3.5 trillion budget blueprint will only cloud things on this economy. The Labor Department reported Wednesday that its consumer-price index rose 5.4% in July from a…