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02/10/2023
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By Belle Carter
Amazon, DHL reduce cargo flights as consumer demand weakens
The Air Transport Services Group (ATSG) announced earlier this week that two of its major partners – technology and retail giant Amazon and logistics firm DHL Express – are reducing flight schedules for their contracted fleets in response to weaker e-commerce demand. ATSG provides aircraft leasing and outsourced transportation services for cargo customers. While it issued an outlook for […]
01/23/2023
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By Cassie B.
Microsoft to cut 10,000 jobs in latest Big Tech layoffs
Microsoft has joined a wave of other tech companies in announcing mass layoffs, cutting around five percent of its overall workforce. A securities filing last week noted that they would be laying off 10,000 employees as part of a range of measures aimed at cutting costs in the wake of economic uncertainty. Ahead of the […]
01/19/2023
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By News Editors
These major companies are laying off workers at a huge rate
Large companies across various sectors are laying off workers at staggering rates, putting the state of the economy in question. (Article by Ronn Blitzer republished from FoxBusiness.com) Among the latest announcements is Microsoft, which said Wednesday the company plans to cut 10,000 workers after shares of Microsoft fell more than 20% during the past 12 months. An […]
01/10/2023
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By Ethan Huff
NOT LOVIN’ IT: McDonald’s to lay off many of its 200,000 corporate employees in coming months
Starting in April of 2023, the McDonald’s fast-food chain is planning to lay off thousands of people from within its corporate structure. CEO Chris Kempczinski wrote in a memo that the company is “unfocused” and in need of some serious trimming. With roughly 200,000 people working in corporate roles at McDonald’s, there are plenty of […]
01/06/2023
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By JD Heyes
Collapse of woke tech companies continues as Amazon announces huge layoffs
E-tailer behemoth Amazon is following the trend of other huge tech companies that are currently laying off a staggering number of Americans after hiring binges over the past couple of years, and, not surprisingly, as many of them became “woke” and began abusing their users. Earlier this week, Amazon notified employees that plans are in […]
12/07/2022
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By Belle Carter
Amazon to fire 20,000 employees – the largest staff reduction in company’s history
People with knowledge of the matter have confirmed that multinational e-commerce and tech giant Amazon will be laying off 20,000 of its employees, including top managers, data scientists, software engineers and other corporate workers. This represents the largest staff reduction in the company’s history. The latest update from sources, who requested anonymity because they were […]
12/01/2022
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By Arsenio Toledo
Tech layoffs nearing levels not seen since the Great Recession
The number of people fired from Big Tech companies this year is nearing annual levels not seen since the Great Recession. The worsening economic situation in the United States has made Big Tech companies turn to mass layoffs as a way of making sure their profit margins remain stable. In November alone, more than 50,000 workers […]
11/17/2022
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By Cassie B.
Amazon to fire 10,000 employees in biggest layoff in company’s history
Amazon plans to fire around 10,000 employees in corporate technology roles in what may be one of the biggest layoffs in the company’s history as mass firings throughout the tech industry continue to add up. Insiders who have direct knowledge of the planned job cuts say they will be focused on its retail division, human […]
09/07/2022
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By Arsenio Toledo
IMPLOSION: Amazon scraps plans to build 42 new warehouses, shuts down 2 active facilities
Amazon is abandoning plans to build 42 new warehouses all over the United States and is closing down two active facilities. The company is determined to reduce the size of its sprawling business amid slowing sales growth. MWPVL International, which tracks Amazon’s massive real estate footprint, noted that the company has either shuttered ongoing plans or […]
08/05/2022
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By News Editors
It’s happening: Here is a list of 11 big companies that have announced layoffs within the last 2 weeks
When the economy slows down, layoffs inevitably happen. We witnessed this on a very large scale in 2008 and 2009, and now it is happening again. U.S. economic numbers are rapidly getting worse, and companies all across America don’t want to get caught with bloated payrolls as we plunge into a recession. As you will see […]
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