Tag Archives: #Layoffs

Stellantis to shed more than 2,400 workers over discontinued Ram truck

by Yash Roy Jeep-maker Stellantis — one of the Big Three automakers — is set to lay off around 2,450 workers later this year at a discontinued Ram 1500 Classic factory outside of Detroit. “With the introduction of the new Ram 1500, production of the Ram 1500 Classic at the Warren (Michigan) Truck Assembly PlantContinue reading “Stellantis to shed more than 2,400 workers over discontinued Ram truck”

Remote Work Destroyed America’s Most Profitable Industry

How did tech become America’s most troubled industry? by Luay Rahil America’s most stable companies are laying off so many people every day, and everyone knows why, but no one is willing to say it. In the last few months, you witnessed the collapse of America’s most profitable industry, the tech industry. The tech industry isContinue reading “Remote Work Destroyed America’s Most Profitable Industry”

Amazon begins cutting 18,000 workers in its biggest layoffs ever

by Daniella Genovese/Fox Business Amazon’s workforce reduction – the largest in its history – will begin Wednesday. Earlier this month, Amazon CEO Andy Jassy told employees in a blog post that the company was laying off about 18,000 people as it seeks to cut costs and would begin contacting impacted employees on Jan. 18. “Amazon has weatheredContinue reading “Amazon begins cutting 18,000 workers in its biggest layoffs ever”