Tag: layoffs

By: Economic & Finance Report Mega tech giant Google (NASD: Googl) has let go many employees and is diversifying its portfolio across other continents. Countries such as India, Mexico, Ireland…

By: Economic & Finance Report Retail giant L.L. Bean is laying off a lot of their workers. The company indicated that the layoffs were the product of greater online shopping…

By: Economic & Finance Report Sony’s PlayStation let go over 900 employees because of the aftereffects from the pandemic. The media industry is recuperating, readjusting and reformatting to new tools…

By: Economic & Finance Report Recent company layoffs in the tech and retail industries, has 2024 getting off on a horrible start. Ebay Ebay was one of the first global…

By: Economic & Finance Report The gigantic marketplace fired over 1,000 employees. The reasoning for laying off so many of their full time employees, is because of declining revenue sales.…

By: Economic & Finance Report Goldman Sachs (GS) will be laying off approximately 4,000 employees. CEO David Solomon indicated this as much, in the end of the 2022-year letter to…

By Economic & Finance Report: There seems to be a shortage of US workers, and employers are feeling the wrath. Analysts have indicated the worker shortage in the United States…

1) The electronics giant Best Buy, has laid off 5,000 full time staff in a move the electronic retailer says was caused by changing consumer patterns because of the coronavirus,…

1) Orders for long-lasting goods, such as computers and military weapons, rose again in October by 1.3%. Additionally business investment increased for the sixth straight month, despite the question if…

1) One major factor in the spread of Covid-19 virus, is the portability of societies, the degree which people are moving about and interacting with each other with ease. This…