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Layoffs have hit more than 30 companies in 2026, including Meta, Walmart, and Coinbase, as AI and economic conditions reshape the business landscape.
Employment protection refers both to regulations concerning hiring (e.g. rules favouring disadvantaged groups, conditions for using temporary or fixed-term contracts, training requirements) and firing (e.g. redundancy procedures, mandated prenotification periods and severance payments, special requirements for collective dismissals and short ...
Over the past year and a half, I interviewed more than 50 current and former temporary and full-time Amazon warehouse workers from around the country. Most of the temp workers I spoke with said they were told that if they performed well, there was a decent chance Amazon would hire them full-time.
Hundreds of Detroit-area auto workers temporarily laid off by GM and Stellantis amid economic uncertainty — how to protect your finances when you’re furloughed
Termination of employment or separation of employment is an employee's departure from a job and the end of their time with an employer. Termination may be voluntary on the employee's part (resignation), or it may be at the hands of the employer, often in the form of dismissal (firing or sacking) or a layoff.
A layoff[1] or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) [2] for business reasons, such as personnel management or downsizing an organization.
Semiconductor testing equipment company FormFactor is laying off more than 200 workers and closing manufacturing facilities as it seeks to cut costs after being hit by higher import taxes. The ...
Technological unemployment is the loss of jobs due to technological change. [1][2][3] It is a key type of structural unemployment. Technological change typically includes the introduction of labour-saving "mechanical-muscle" machines or more efficient "mechanical-mind" processes (automation) and, in doing so, humans' role in these processes are minimized. [4] Historical examples include ...