Labor/Personnel

Stock Market

The Only 401(k) Savers Who Didn’t Lose Money in The Past Year

[ad_1] The only workers whose 401(k) balances grew in 2022 were the Gen Z savers still decades away from retirement,…

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Stock Market

One laid-off tech worker’s odyssey: 5 months, 25 interviews and 100 job applications

[ad_1] At times, Todd Erickson’s search for a tech job felt more like an odyssey. But after five months, about…

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Stock Market

Carvana Posts Wider Q4 Loss. Used Car Demand Tumbled.

[ad_1] Online used-car dealer Carvana (ticker: CVNA) missed fourth-quarter earnings and revenue expectations and announced plans to cut about $1 billion…

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Stock Market

Carvana seeks to reset after 2022 losses, plans $1 billion in cost reductions

[ad_1] Carvana Co. said it plans to complete a $1 billion reduction in operating costs by the second quarter of…

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Stock Market

Amazon’s Stock Slump Is Hitting Employee Pay

[ad_1] It’s not just layoffs casting a cloud over Amazon Its share-price fall is also hitting employees’ pay, forcing the…

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Stock Market

Just how bad were holiday sales? The world’s biggest retailers are about to tell us

[ad_1] The nation’s retailers limped into last year’s holiday season with too much stuff that people didn’t want. We’re about…

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Stock Market

The Market Loved Disney’s Cost Cuts. The ESG Crowd, Not So Much.

[ad_1] Like many companies, Walt Disney does its best to avoid controversy. But in winning over investors this past week,…

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Stock Market

Affirm Slashes 19% of Jobs After Earnings Miss

[ad_1] Affirm Holdings, a buy-now, pay-later fintech, is slashing 19% of its workforce after missing expectations for both its second…

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Stock Market

Disney Plans to Reinstate Dividend and Cut 7,000 Jobs

[ad_1] Walt Disney stock jumped on Wednesday after the entertainment giant topped earnings expectations, while also announcing it was planning…

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Stock Market

Affirm to lay off 19% of staff, stock tanks after earnings disappointment

[ad_1] Affirm Holdings Inc. announced plans to cut 19% of its staff Wednesday following an earnings report in which the…

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