Layoffs

Ford Announces Around 600 Layoffs On Day One Of UAW Strike

The Ford Motor Company announced last week that it will temporarily be laying off around 600 nonstriking employees at its Michigan Assembly Plant.

U.S. Job Openings Hit More Than Two-Year Low, Labor Market Still Tight Under Biden Admin

Interest rates may remain elevated as U.S. job openings fell to the lowest levels in two years but remained at levels congruent with tight labor market conditions.

Bud Light Fires Hundreds of Workers in Transgender Promotion Aftermath

While the cuts represent less than 2% of the brewer's approximately 18,000 U.S.-based workforce, they signal a significant restructuring in the corporate offices.

Fox News Silently Begins ‘Company-Wide Layoffs,’ Including Former Tucker Carlson Employees

Fox News is reportedly quietly beginning "company-wide" layoffs, including the remaining former employees of Tucker Carlson.

ESPN Reportedly Firing 20 Major On-Air Hosts in Recent Layoffs

Sports broadcasting giant ESPN has reportedly let go of around 20 on-air personalities, including some of the network’s most well-known commentators, analysts and journalists.

Bud Light CEO Unveils Recovery Plan After Devastating Sales Decline Triggered by Transgender Collaboration

The ill-fated collaboration with transgender-identified activist Dylan Mulvaney in a March Madness campaign has resulted in a substantial decline in Bud Light sales and a considerable drop in the company's stock price.

U.S. Jobless Claims Rise Under Biden Admin

Economists anticipate the unemployment rate to experience a slight increase, moving to 3.5% from April's 53-year record low of 3.4%.

Disney+ Loses 4 Million Subscribers Amid Battle with Florida’s Gov. DeSantis

This decrease in subscribers comes after a 2.4 million drop during the first quarter, marking the first decline for Disney+ since its launch in November 2019.

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