Jobs/page/4 news and trends

Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
Economy // July 18, 2024

The number of initial claims for unemployment insurance increased by 20,000 during the week ended Saturday (July 13), driven by temporary closures of automobile plants and the effects of Hurricane Beryl. The total of 243,000 initial claims filed during the week was up from the...

Salesforce Cuts 300 Jobs in Year’s Second Round of Layoffs
Personnel // July 15, 2024

Salesforce reportedly cut about 300 jobs in July after eliminating 700 roles earlier this year. The latest cuts are part of the company’s ongoing effort to streamline its operations, Bloomberg reported Monday (July 15), citing an unnamed source. Without specifying the number of layoffs, a Salesforce spokesperson...

Report: Digital Job Growth in UK Hits Lowest Level in Decade
Economy // July 11, 2024

Great Britain’s digital sector is reportedly seeing its slowest job growth in a decade. As Bloomberg News reported Thursday (July 11), this has led the incoming Labour government to promise to revitalize the industry as it seeks to fuel growth. The number of digital jobs climbed by...

Report: CNN Cutting 100 Jobs as It Prepares Subscription Product
Streaming // July 10, 2024

CNN is reportedly cutting about 100 jobs as it prepares its new CNN.com subscription product. That’s according to a Wednesday (July 10) report by The Wall Street Journal (WSJ), which notes the move comes as the company is looking to become less reliant on its TV channel. The...

Interviews & Exclusives
3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report

July 24, 2024
The restaurant industry faces a pivotal opportunity with the rise of frictionless digital payments, responding to growing customer demand for convenience. Despite these advancements, adoption rates lag due to entrenched use of traditional payment methods and ongoing staffing challenges. PYMNTS Intelligence’s new study, “Why More Restaurants Need to Bite Into Digital Transformation,” delves into consumers […]

U. Michigan Survey Shows Inflation and Unemployment Weighing on Consumer Sentiment

May 10, 2024
Consumers are souring about the near-term outlook — on inflation, job prospects and interest rates. Where there’s worry, there’s possibly some saving for a rainy day at the expense of...

Wage Growth May Not Rescue Paycheck-to-Paycheck Economy

April 05, 2024
Wages are increasing.  The unemployment rate’s lower.  The U.S. economy added more jobs in March than had been expected. And yet, it all may not be enough to offset the...

Contradictions Rule as AI Meets the Future of Work

February 13, 2024
The intersection of artificial intelligence (AI) and the future of work is crowded and a bit confusing these days. On one hand, companies like Google and Duolingo have cut staff recently with...

Quick Reads
Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims

July 18, 2024
The number of initial claims for unemployment insurance increased by 20,000 during the week ended Saturday (July 13), driven by temporary closures of automobile plants and the effects of Hurricane Beryl. The total of 243,000 initial claims filed during the week was up from the previous week’s revised figure of 223,000, the Department of Labor (DOL) […]

Salesforce Cuts 300 Jobs in Year’s Second Round of Layoffs

July 15, 2024
Salesforce reportedly cut about 300 jobs in July after eliminating 700 roles earlier this year. The latest cuts are part of the company’s ongoing effort to streamline its operations, Bloomberg reported Monday...

Report: Digital Job Growth in UK Hits Lowest Level in Decade

July 11, 2024
Great Britain’s digital sector is reportedly seeing its slowest job growth in a decade. As Bloomberg News reported Thursday (July 11), this has led the incoming Labour government to promise to revitalize...

Report: CNN Cutting 100 Jobs as It Prepares Subscription Product

July 10, 2024
CNN is reportedly cutting about 100 jobs as it prepares its new CNN.com subscription product. That’s according to a Wednesday (July 10) report by The Wall Street Journal (WSJ), which notes the move...