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jobs, December and 2.30M cuts
U.S. job cuts rise 33% M/M in December; year's total climbs 5.5%: Challenger Job Cuts report
The number of job cuts announced by U.S. employers in December rose 33% M/M to 38,792, representing an 11% increase from December 2023, outplacement and executive coaching firm Challenger, Gray & Christmas said on Thursday.
Strong December job growth could augur fewer Fed interest-rate cuts. Here's why.
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
US added a strong 256,000 jobs in December as unemployment rate dipped to 4.1%
US hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates. The Labor Department reported Friday that job growth was up last month from 212,
Why the December Jobs Report Dashed Hopes for Another Fed Rate Cut
Key Takeaways The odds of the Federal Reserve cutting its benchmark interest rate this year fell after a jobs report Friday showed hiring in December blew past expectations.Strong job growth means less pressure on the Fed to cut interest rates to save the economy and prevent layoffs.
Employers added 256,000 jobs in December, blowing away forecasts
Employers added 256,000 jobs in December, far exceeding economists' expectations and signaling that the job market remains resilient in the face of still-high borrowing rates and stickier-than-expected inflation.
Microsoft, job cuts
Microsoft Announces Job Cuts Across Company with Performance Focus
Microsoft ( MSFT, Financial) is set for another round of layoffs, and sources say these will include underperformers in performance-based cuts. Business Insider reports that security will be impacted,
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.
Microsoft reportedly set to make performance-based job cuts
Microsoft is reportedly planning to initiate performance-based job cuts across multiple departments. The news was first reported in Business Insider and later corroborated by CNBC. According to CNBC,
2d
2024 Had Most Job Cuts In 15 Years—With One Exception
Job cuts from U.S.-based companies were the highest they’ve been in 15 years in 2024—with the exception of 2020 job losses ...
19h
on MSN
Zillow makes job cuts after reorganizing agent software and advertising teams
Seattle-based real estate company Zillow Group laid off an unspecified number of employees, the company confirmed Friday.
22h
on MSN
Surging job market could prove costly for households, businesses as odds of quick rate cuts fade
U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in ...
1d
U.S. Job Growth Excels But These Companies Are Announcing Layoffs
Jobs and job growth in the U.S. beat expectations, as the unemployment rate fell to 4.1% in December. Meanwhile, these ...
1d
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
20h
U.S. Job Growth Ends the Year Strong
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...
2d
on MSN
The final jobs report for 2024 lands Friday. Here’s what 2025 could mean for your job
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019.
Becker's Hospital Review
1d
Healthcare job cuts fall 11.9% year over year
Healthcare employers announced 51,588 cuts in 2024, down 11.9% from the 58,560 job cuts announced in 2023. Last year, Becker's reported more than 70 hospitals and health systems cutting jobs.
3d
on MSN
Tax rises and job cuts as police at 'tipping point'
Residents could pay more for policing as a force warns it has already cut community officer numbers to urgently balance its ...
2d
200,000 Wall Street Jobs May Be Slashed By Artifical Intelligence
The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its ...
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