Layoff Watch | Verizon is cutting more than 13,000 jobs as it works to ‘reorient’ entire company

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Verizon is cutting more than 13,000 jobs as it works to ‘reorient’ entire company

'...Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company.

The job cuts began on Thursday, per to a staff memo from Verizon CEO Dan Schulman. ...A spokesperson confirmed that the layoffs announced Thursday account for about 20% of the company’s management workforce, which isn’t unionized. ...'

Reference: apnews.com
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A True U.S. Economic Barometer | Jack Daniel’s maker to slash 12% of its workforce as consumers’ alcohol consumption dries up

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Jack Daniel’s maker to slash 12% of its workforce as consumers’ alcohol consumption dries up

'155 year-old company which also makes Woodford Reserve, Old Forester and other spirits – is closing its barrel making operation by April 25.

The so-called Cooperage business employs 210 hourly and salaried employees. '

Reference: nypost.com
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The Layoff Surge Of 2024

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The Great Tech Reset: Unpacking The Layoff Surge Of 2024

'has laid off over 124,000 workers in 2024 alone. ...In August 2024, Intel sent shockwaves through the market by announcing a 15% reduction in its global workforce—roughly 15,000 jobs. Just days later, Cisco Systems announced plans to lay off 7% of its employees, marking its second round of job cuts this year...'

Reference: www.forbes.com
Tags: Layoff Surge Of 2024

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