Microsoft announces another round of layoffs affecting thousands of workers
Microsoft is cutting thousands of jobs in its latest round of layoffs, following previous reductions in May, as part of efforts to streamline operations.
Private sector lost 33,000 jobs in June, well below expectations, ADP says
The figure reported on Wednesday is well below economists’ estimates of an increase of 95,000 jobs and also down from the prior month’s revised reading of 29,000 jobs.
Del Monte Foods files for bankruptcy
Del Monte Foods, the canned vegetables company, said it filed for Chapter 11 bankruptcy and secured financing to continue operations during restructuring.
LA hotel owners sound alarm as $30 minimum wage threatens to crush industry
Hotel owners in Los Angeles battled the city council's mandated wage increase to $30, warning of economic consequences including delayed renovations and massive layoffs in the industry.
SkillsUSA conference draws thousands of attendees
SkillsUSA’s National Leadership & Skills Conference had more than 17,500 attendees this week, as students competed against each other across 114 different trades and leadership fields. (Credit: Skilled Careers Coalition)
Landing a Goldman Sachs internship as difficult as NASA astronaut acceptance
With 2,600 spots for over 360,000 applicants, Goldman Sachs internships rival NASA's astronaut program as applications surge 300% since CEO David Solomon took over in 2018.
Students showcase trade skills at competitive event as US aims to solve skilled labor shortage
More than 17,500 people gathered for SkillsUSA's National Leadership & Skills Conference, which allowed students to compete across different trades and leadership fields.
Jewelry retailer shops for buyers amid tariff struggles
Teen jewelry retailer Claire's explores sale options as it struggles with competition, Trump tariffs and consumer spending shifts while facing a $500 million loan due in 2026.
Salesforce boss reveals the stunning amount of work now handled by AI
Salesforce CEO Marc Benioff revealed the software company uses artificial intelligence technology to perform quite a bit of its work, telling Bloomberg it is "doing 30% to 50%."
Bumble announces major layoffs affecting 30% of employees as company restructures
Dating app company Bumble Inc. disclosed on Wednesday that it will trim its headcount by 30%, meaning roughly 240 people will lose their jobs.
Microsoft plans 'substantial' job cuts across Xbox division
Xbox managers expect substantial job cuts across the gaming division next week as Microsoft continues streamlining processes following its $69 billion Activision Blizzard acquisition.
Younger generations hit trades as demand for skilled workers surges
BuildWitt chief dirt nerd Aaron Witt and welder Chloe Hudson join 'Red White and Blue Collar' to discuss their paths to working in trades.
US labor secretary touts Trump's skilled trade push: This is going to be the greatest thing
FOX Business' Lauren Simonetti reports on President Donald Trump's push to enroll more students in trade schools. U.S. Labor Secretary Lori Chavez-DeRemer gives an update on apprentice programs.
Demo Diva says US is at a 'crossroads' regarding trades, encourages young people to pursue them
Demo Diva Simone Bruni highlights the importance of young people learning a skilled trade on 'Red, White & Blue Collar.'
Welding program at Philadelphia high school gives students trade skills
Father Judge High School welding specialist Joe Williams discusses how his program helps students get jobs after they graduate and more on ‘Red, White & Blue Collar.’
Expert says AI will lead to ‘more jobs’ being created in the US
Andreessen Horowitz general partner Katherine Boyle addresses concerns that artificial intelligence will dominate the job market.
US is faced with a generation that's more familiar with student debt than screwdrivers, Chris Valletta says
Sidekick Operators President Chris Valletta weighs in on the 'trades crisis' as demand for skilled trade workers booms.
Job seekers in limbo as long-term unemployment persists
Long-term unemployment hit a three-year high of 23.5% in April, showing a stagnant labor market in which companies are neither cutting nor expanding their workforces.
Online job listing company Careerbuilder + Monster files for bankruptcy
CareerBuilder + Monster bankruptcy filing shows $100-500 million in liabilities as the merged company looks to sell off its operations.
Fed Chair Powell says US economy in a 'solid position' as central bank weighs rate cut timing
Fed Chair Jerome Powell testified that the U.S. economy is in a "solid position" with unemployment relatively low and inflation slightly above the central bank's 2% target.