Disney laying off thousands in second round of job cuts
Thousands of employees are being laid off at Walt Disney Co. in a second round of job cuts beginning Monday as the company restructures and tries to save billions in operating costs.
Disney plans layoffs for thousands next week, report says
Walt Disney Co. reportedly will cut thousands of jobs across the company by next week, including those at theme parks, in entertainment and on corporate teams.
Lyft will implement more job cuts
Lyft's workforce will soon become 'significantly' smaller, according to a Friday staff-wide email from new Lyft CEO David Risher. The cuts will reportedly trim it by at least 1,200 workers.
Deloitte says personnel changes are coming, reportedly shedding 1,200 U.S. jobs
Deloitte says it’s taking personnel actions where necessary and is reportedly cutting 1,200 jobs
AI could be tipping point to get US to four-day workweek, Nobel Prize-winning economist says
Sir Christopher Pissarides argues artificial intelligence will have a positive impact on workplace productivity as Americans fear being replaced by technology.
Japanese city becomes country's first to use ChatGPT to help with administrative tasks
The city of Yokosuka, Japan, is asking its 4,000 workers to use new artificial intelligence bot ChatGPT for assistance in everyday tasks, becoming the nation's first to do so.
Is your bank account safe? Mass layoffs weaken cybersecurity across finance sector
Mass layoffs in 2023 have the diminished cybersecurity workforce and opened a door for cybercriminals to attack online banking, trading, investing and digital assets.
These jobs are safe from the AI revolution — for now
Artificial intelligence is likely to complement rather than replace human workers in most fields of work by helping to automate tasks.
Michael Gapen on House GOP's debt limit plan: 'The ask is large'
Bank of America Global Research Head of U.S. Economics Michael Gapen joins 'Cavuto Coast to Coast' to discuss the May Federal Reserve meeting, his outlooks for the economy, and debt ceiling negotiations.
Jobless claims rise higher than expected as layoffs continue to mount
A growing number of workers applied for jobless benefits last week, a sign the labor market is beginning to tighten in the face of higher interest rates.
Bed Bath & Beyond preparing for bankruptcy filing within days
Embattled retailer Bed Bath & Beyond is preparing a bankruptcy filing for as early as this weekend as it struggles to raise the capital needed to avert default.
Kenny Polcari: 'We have to be concerned' about the commercial real estate market
Slatestone Wealth Chief Market Strategist Kenny Polcari discusses Elon Musk raising alarms on the commercial real estate market, Meta layoffs and the Robert F. Kennedy Jr. presidential campaign announcement.
New Jersey shore hotspot using fake seagull poop to 'drop hints' in unique hiring push
Workers from Morey's Piers in Wildwood are leaving bird-poop-shaped vinyl decals on cars with a surprise message on the reverse side to help with a hiring push.
New Jersey beach town 'dropping hints' with unique hiring push
FOX Business' Jeff Flock reports from Wildwood, New Jersey, where the city is hoping to hire 1,500 employees this summer by leaving seagull poop stickers on cars.
McKinsey, Bain delay some M.B.A. start dates to 2024
High-paid start date delays for new MBA hires suggests that consulting giants including McKinsey and Bain have broader concerns about the economic future.
Raising Cane’s co-CEO talks new employee perk, Post Malone collaboration
Raising Cane's co-CEO AJ Kumaran discusses the success of his fried chicken business and plans for expansion despite food inflation on 'The Claman Countdown.'
AI tools such as ChatGPT are the hottest new trend for companies, but experts urge caution
Businesses across the U.S. are embracing new AI tools like ChatGPT for everyday operations, but experts warn of risks associated with the high-tech assistants.
Resume revelation for smart job hunters: SEO keywords are critical, say experts
As industries use SEO to find the right applicant for a role, the savvy applicant also uses keywords in a resume to get noticed, according to HR experts. Read on for career insights.
Ernst & Young to lay off about 3000 US-based employees
Ernst & Young announced Monday it would trim its U.S. workforce by about 5%, or around 3,000 jobs, due to economic conditions and overcapacity in portions of the firm.
Florida is home to 4 of the 5 large metro areas with the lowest unemployment in the US
The top five U.S. metropolitan areas in terms of lowest unemployment rates include four Florida metro areas, including Miami, Tampa, Jacksonville and Orlando.