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Layoffs, work stoppages mount in uaw strike against big three

The United Auto Workers union's strike against Ford, General Motors and Stellantis has caused work stoppages and ...

September 21, 2023, 8:06 am

Gm idles kansas plant and issues layoffs following uaw strike

CNBC's Phil LeBeau joins 'The Exchange' to discuss layoffs from Stellantis and General Motors following...

September 20, 2023, 2:42 pm

Treasury secretary yellen:sees a healthy cooling in the us labor market w/out mass layoffs

US Treasury Secretary Yellen (and former Federal Reserve chair) is on the wires saying:Sees healthy calling and US labor market without mass layoffsUS...

September 19, 2023, 12:26 pm

Cisco, other tech companies chop bay area jobs in fresh layoffs

Cisco Systems has revealed plans to chop hundreds more Bay Area jobs in a disquieting suggestion that the region's tech ...

September 18, 2023, 2:03 pm

Ford, gm stocks climb as uaw contract talks restart

United Auto Workers President Shawn Fain rejected Stellantis' offer of a 21% pay increase. Auto makers have responded to the strikes with temporary la...

September 18, 2023, 5:07 am

: cisco to cut 350 jobs in latest round of layoffs

Cisco Systems Inc. will lay off 350 employees in Silicon Valley next month, in the tech giant’s latest round of job cuts. Read Full Story The post :...

September 17, 2023, 8:04 pm

Cisco to cut 350 jobs in latest round of layoffs

Cisco Systems Inc. will lay off 350 employees in Silicon Valley next month, in the tech giant's latest round of job cuts....

September 17, 2023, 4:04 pm

Ford announces layoffs related to the uaw strike

CNBC's Phil LeBeau reports on breaking news concerning new layoffs out of Ford tied to the UAW strike....

September 15, 2023, 5:08 pm

Wall street banks shed jobs to ease cost pressures

Banking heavyweights including Goldman Sachs and Morgan Stanley have announced a string of layoffs this...

September 15, 2023, 2:26 pm

Citigroup layoffs focus on support, technology staff

Citigroup has reportedly begun the layoff process after announcing a management overhaul on Wednesday (Sept. 13). Support staff in compliance and ris...

September 15, 2023, 1:22 pm

Ex-bank exec faces prison sentence for wells fargo fake-account scandal

Former Wells Fargo & Co. executive Carrie L. Tolstedt faces up to 16 months in prison in a sentencing hearing scheduled in federal court on Friday for...

September 15, 2023, 12:57 pm

Salesforce goes on hiring spree after layoffs this year

Salesforce Inc announced that it is hiring 3,300 people across its departments just months after laying off 8,000 employees in January.   The cloud-...

September 15, 2023, 9:14 am

Citi shakeup: the banking giant is planning layoffs and a huge overhaul

Citigroup is planning a sweeping overhaul of its organization after years of lackluster stock performance. Reorganization efforts will involve layoffs...

September 13, 2023, 1:19 pm

Qantas loses court fight over covid lockdown layoffs

Qantas illegally sacked 1,700 ground staff during COVID-19 lockdowns, Australia's High Court ruled Wednesday, dismissing an appeal by the airline and ...

September 13, 2023, 4:57 am

Crypto: binance.us ceo brian shroder departs crypto company amid new round of layoffs: reports

Brian Shroder, the chief executive of the U.S. arm of embattled crypto exchange Binance, has reportedly left the company. Read Full Story The post Cry...

September 13, 2023, 2:54 am

Wells fargo cfo expects more layoffs in drive for efficiency

Wells Fargo Chief Financial Officer Mike Santomassimo reportedly said that the bank could make further layo...

September 12, 2023, 10:20 pm

Wells fargo cfo expects more layoffs ahead

Wells Fargo could see its headcount decline further as it aims to improve efficiency, Chief Financial Officer Mike Santomassimo said on Tuesday....

September 12, 2023, 11:05 am

Us treas sec yellen said she is feeling confident about a soft landing for the us economy

US Treasury Secretary Janet Yellen spoke with media on her way back from the G20 weekend summit. Bloomberg (gated) reporting: she’s increasingly con...

September 10, 2023, 9:18 pm

Disney pulls content from charter; ai and layoffs; consumer spending: goldman sachs tech takeaways

Video Highlights: 00:00:35 Goldman Sachs Managing Director Brett Feldman talks Disney pulling content from Charter Media, streaming vs. cable 00:09:43...

September 10, 2023, 10:30 am

Goldman sachs prepares for another round of layoffs as soon as next month: sources

Goldman Sachs is planning another round of layoffs aimed at laggard employees — and it could come as ...

September 8, 2023, 1:01 pm


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