Jobs

Eric Yuan, CEO of video communications company Zoom, discussed hybrid work and some of its challenges during a panel Thursday at BoxWorks 2022.

The move comes as General Electric is in the process of splitting its business into three publicly traded companies: aerospace, health care and energy.

Amazon employees can earn more than $19 per hour, on average, depending on the position and location. Sign-on bonuses ranging from $1,000 to $3,000 are also available.

New applications for unemployment benefits increased more than expected last week as the job market starts to cool off amid the Federal Reserve's fight against inflation.

Peloton CEO Barry McCarthy said in a memo to employees that the cuts mark the completion of the "vast majority" of its restructuring plan launched in February.

The markets focus for the rest of the week will be on jobs with unemployment benefits Thursday and the monthly jobs report on Friday.

Tyson Foods Inc. will relocate about 1,000 corporate positions from the Chicago area as well as South Dakota to its headquarters in Springdale, Arkansas.

Outdoor retailer REI announced Tuesday it is making its practice of remaining closed on Black Friday and paying its employees to go outside permanent.

Many business leaders are insisting that their workers return to the office two years after COVID. But evidence finds that remote workers are more productive and costs are lower.

Private companies onboarded 208,000 new workers in September despite growing concerns that the Federal Reserve will trigger a recession with its war on inflation.

The oil producer group OPEC+ meets today in Vienna and a large cut in output is expected in a move to support prices.

The Labor Department reported on Tuesday that there were 10.1 million job openings at the end of August, lower than economists expected as the labor market cools off.

Traders will be cautious after 91% of CEOs surveyed by KPMG said they think there will be a recession in the next 12 months, as they look at potentially reducing their workforce.

The Institute for Supply Management on Monday announced that U.S. manufacturing growth in the month of September declined to a two-year low.