These major companies are laying off workers at a huge rate
Major companies in a variety of sectors are experiencing massive layoffs in recent months, including cuts at Microsoft, Amazon, Goldman Sachs and Washington Post.
New generation of leaders fueling 'laziness,' 'socialistic society': Bernie Marcus
Home Depot co-founder Bernie Marcus argues the 'woke' agenda doesn't consider the economy's 'bottom line.'
Jobless claims unexpectedly drop to 190,000, lowest level in four months
Applications for U.S. unemployment benefits tumbled to a four-month low last week even as the Fed tries to slow the economy and cool the labor market.
Outlook for US economy 'less pessimistic' in Davos: Leon Kalvaria
Citi Institutional Clients Group chairman Leon Kalvaria discusses 'volatile' market conditions, telling 'Mornings with Maria' investors are watching the Fed's inflation fight to gauge at what levels they will start to reinvest.
Brian Moynihan on economy, energy independence: 'Capitalism will solve these problems'
Bank of America Chairman and CEO Brian Moynihan discusses industry layoffs, Federal Reserve trajectory and investing in innovation from the World Economic Forum.
US is fueling job growth opportunities for nurses, software developers, logistics: Becky Frankiewicz
ManpowerGroup Chief Commercial Officer Becky Frankiewicz details her employment outlook for the U.S. in the new year.
Layoffs signal labor market recalibration
Recently announced layoffs at Amazon and Microsoft may signal a recalibration of the U.S. labor market. Amazon said it will cut 18,000 jobs while Microsoft said it will slash 10,000.
Video game studios included in Microsoft job cuts: report
Microsoft confirmed reports on Wednesday that the tech giant was cutting its workforce by 10,000 positions.
Pennsylvania governor removes college degree requirement for most state jobs on first full day in office
Pennsylvania Gov. Josh Shapiro signed an executive order on his first full day in office to remove college degree requirements for 92% of state jobs.
Southwest pilots to vote on whether to authorize union leaders to call for strike
Southwest canceled over 16,700 flights late last year after a severe winter storm tipped its operation into chaos, and its pilots have emerged as some of the airline’s harshest critics.
Wall Street CEO backs post-pandemic push to get employees back in the office in 2023
Carmine Di Sibio, global chairman of consulting firm Ernst & Young, addressed the push for remote workers to return to the office on Wednesday's 'Mornings with Maria.'
Small Minnesota town touts economic benefits of new nickel mine
Talon Metals climate strategy head Todd Malan argues the construction of a nickel plant in Tamarack, Minnesota, will operate on a 'high standard.'
Coinbase halting operations in Japan a week after laying off hundreds of employees
Coinbase will stop its operations in Japan due to market conditions after announcing the company would layoff 950 employees to reduce operating expenses.
US economy will do very well in 'new technology age': Peter Morici
University of Maryland professor Peter Morici explains how investments in technology and artificial intelligence will create new jobs, not less on 'Varney & Co.'
Microsoft cutting 10,000 workers as tech layoffs mount
Microsoft confirmed it will shed thousands of workers adding to mounting layoffs in the tech sector.
Carmine Di Sibio on the labor market: Ratio of layoffs to hiring 'a small amount'
Ernst & Young Global Chairman and CEO Carmine Di Sibio joined 'Mornings with Maria' to discuss the labor market, and provide his take on employees working from home and its impact on commercial real estate.
Party City files for bankruptcy as inflation dampens sales
Party City has filed for Chapter 11 bankruptcy protection as persisting inflations dampens sales. It marks the latest in a line of companies that are facing similar struggles.
Lowe's CEO: Physical stores are 'biggest central competitive advantage' in retail
Lowe's CEO Marvin Ellison said that physical stores are the "biggest central competitive advantage" that retail companies can have in today's environment.
Richmond Fed's Tom Barkin: 'Very encouraging' news gives hope inflation peaked
Federal Reserve Bank of Richmond president Tom Barkin discusses the risk of recession and what it will take for the Fed to change its trajectory and ease on raising rates on 'The Claman Countdown.'
Over 25,000 global tech workers laid off since start of 2023
Data from Layoff.ai shows over 25,000 global tech workers have lost jobs in the first few weeks of the new year, underscoring how troubles persist in the tech industry.