Layoffs

Impossible Foods, manufacturer of plant-based meat alternatives, is laying off 20 percent of its workforce.

Former Walmart CEO Bill Simon warned Americans this weekend of the detrimental impact that corporate layoffs could have on the U.S.'s feeble economy.

President Joe Biden witnessed some of the lowest approval ratings of his administration despite moderating price levels and the Democratic Party avoiding severe midterm losses, according to a new poll from Reuters.

Leftist media outlet Vox announced layoffs that will impact 7% of employees as other companies in the sector implement similar measures.

The U.S. government bumped up against its debt limit Thursday, prompting the Treasury Department to take “extraordinary” accounting steps to avoid default — as friction between President Joe Biden and House Republicans raised concern about whether the U.S. can sidestep an economic crisis.

Microsoft announced on Wednesday it will eliminate 10,000 jobs worldwide, almost 5% of its workforce, and take a $1.2-billion charge as global growth is slowing down.

Amazon's workforce reduction – the largest in its history – will begin Wednesday.

The U.S. housing market is experiencing its second-biggest home price correction of the post-World War II era.

The Biden administration is set to allow nearly 65,000 H-2B foreign visa workers to take on nonagricultural jobs in the United States over the next nine months.

Multinational automaker Stellantis is indefinitely closing an assembly plant in Illinois in February and laying off hundreds of workers, in large part due to the high cost of making electric vehicles.