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Recent Articles

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Forbes: Major US companies have laid off thousands of employees so far this summer, as CEOs fear inflation could tip economy into recession; companies that have announced workforce cuts include Walmart, Shopify, 7-Eleven, Ford, Tesla, Re/Max, Oracle

Biogen’s staff count at Cambridge, Massachusetts, site drops by 301 employees since first of the year reports Boston Business Journal; Biogen to lay off as many as 1,000 employees in US$1B cost-cutting plan due to failure of Aduhelm Alzheimer’s drug

USPS workers voice concerns on possible job losses from consolidated mail sorting centers; postmaster general says centers to improve workspace for employees, reduce time and cost for transportation facilities and allow for more efficient delivery routes

Beyond Meat reveals plans to cut 4% of its global workforce, admits that progress is taking longer than expected after reporting Q2 net loss of US$97.1M

Canadian employment fell by 31,000 in July, unemployment rate unchanged at 4.9% as decline is service-producing sector was offset by increase in goods-producing sector; employment down among older and core-aged women, up among older men: Statistics Canada

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