layoffs

Get woke, go broke. Mark Thompson, the CEO of CNN, has announced plans to lay off nearly 100 employees. In a memo to staff, Thompson outlined upcoming changes, including structural…

Popular restaurant chain Rubio’s Coastal Grill is closing 48 locations in California, citing the “rising cost of doing business” in the state. In September, California’s Democrat Governor Gavin Newsom signed…

Effective this past Monday, a new law was enacted mandating a minimum wage of $20 per hour for fast-food workers in California. According to the New York Post, numerous chains…

Fox News has had a really rough month, following the cowardly $787 million settlement with Dominion Voting Systems and their disastrous decision to fire their highest-rated host, Tucker Carlson. The…

Less than a week after the unit’s protest thwarted the global accounting giant’s intention to break apart its audit and consulting operations, the United States branch of Ernst & Young…

As global demand decreases, UPS needed to “create an even stronger UPS,” spokesperson Matthew O’Connor said in an email. In spite of the rough macroeconomic conditions, O’Connor remarked, “We are committed…

According to a report from the Wall Street Journal, McDonald’s Corporation will be temporarily closing its offices in the United States this week in preparation for informing corporate workers about…

According to a source inside Disney, CEO, Bob Iger, has ordered managers/executives to prepare budget cuts and lists of roughly 4,000 employees to be laid off. The managers have been…

In June of this year, CNN’s new boss, Chris Licht, told employees that there were no impending layoffs coming to the network. Apparently, that was just more fake news from…

Breaking Digest previously reported that a wave of layoffs is sweeping the United States, due to slow business growth and rising labor costs. Unfortunately, as 40-year high inflation persists, many…