There are some key federal statutes to be aware of, as well. First is the Work Adjustment and Retraining Notification Act (WARN Act). If you're part of a mass layoff, the WARN Act requires employers to give workers 60 days' notice before their job is eliminated. Another to analyze has...
Since the beginning of the year there have been 102 mass layoffs nationwide. If job terminations continue at their current pace, 12 349 hospital employees will lose their jobs, up from 11757 in 2009. The only year with more layoffs was 2005, when hurricane Katrina caused many hospitals in ...
"When we're looking at layoffs across the board, while we have seen an uptick from the historic low layoff [numbers] we've [had] the last two years, we're not seeing huge mass layoff activity," senior vice president Andrew Challenger recently told CNBC. At CNBC'sCFO Council Summite...
Even major media outlets took notice. The Washington Post in April published an article titled What's 2024's hottest product? According to TikTok, there is only one answer: industrial-grade glycine from China. Chen Liya, a representative from Donghua Jinlong, shared in an interview with Hongxing...
BanklessTimes has released the findings from their recent investigation into the mass layoff affair amongst major tech companies. The key findings revealed that 528 tech companies have announced layoffs in 2023 and the rate has reached a staggering 727%
the employment action (i.e., retention vs. layoff), the length of the repeated layoffs, and whether or not laid off employees are replaced each year... GW Giumetti,AN Schroeder,FS Switzer - 《Journal of Applied Psychology》 被引量: 5发表: 2014年 "I Don't Want to Make Candles!" ...
However, male-dominated industries like technology and finance are currently experiencingmass layoffsandgrad program slowdowns, as they correct for overhiring during the pandemic and the economic uncertainty that followed. “Holding out for that unicorn role” ...
A year after the layoffs, there are still only 68 employees, around a third of what there were before the pandemic. “If I could bring back a staff 212 strong I would,” wrote Bass Wyden in a statement to Vulture. “But as the pandemic rages on we have to be strategic about our st...
In parallel, newsrooms around the world were in catastrophic decline, with circulations plummeting and ad revenues decimated, leading to mass layoffs. More information was available than ever before, yet the industry designated to evaluate and disseminate facts was overwhelmed. Who had time to go th...
While layoffs are happening as a result of the current generation of AI, there's no historical evidence that technological advancements such as this will result in mass unemployment. The workforce has a history of malleability, and increased technological capacity can result in "higher value...