Trump, Supreme Court and layoffs
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Microsoft's push for efficiency placed a heavy emphasis on eliminating layers of management, but layoff data from this week showed managers didn't bear the brunt of job cuts.
Microsoft's latest layoffs, which include jobs at LinkedIn, come weeks after it reported upbeat earnings and guidance after AI investments.
We are sensitive to the fact of people being separated from their employment,” said Buena Vista Township Superintendent Torrie Lee. “I’m sure that a lot of those people went to our restaurants, our gas stations,
Councilmember Katy Yaroslavsky said the move would allow the city to preserve core city services. The plan heads to the full council next week.
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Nearly 3 percent of all Microsoft employees, about 6,000 people, are receiving layoff notices, reported several tech and financial news outlets including CNBC and GeekWire. The layoffs are affecting a range of levels and teams across the United States, GeekWire reported.
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Automating jobs isn’t the panacea for all companies, and 55% admit they have made a mistake, a new survey finds.
A UPS hub in Stockton will close this month as part of the company's operational restructuring plan, according to a UPS spokesperson.
Warwick Township-based digital marketing company Listrak has laid off an undisclosed number of employees, including some from Lancaster, in what it calls a move to “right-size” the business.
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The AI race is reshaping global tech, but Google CEO Sundar Pichai insists there wont be just one winner. While AI is transforming how companies work and hire, its also triggering mass layoffs, with over 50,