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Top StoriesFacebook Parent Meta Is Preparing Large-Scale Layoffs This Week – Wsj
Twitter Asks Some Laid Off Workers to Come Back, Bloomberg Reports
Date: November 7, 2022
(Reuters) – After Twitter Inc laid off roughly half its staff on Friday following Elon Musk’s $44 billion acquisition, the company is now reaching out to dozens of employees who lost their jobs and asking them to return, Bloomberg News reported on Sunday. Some of those who are being asked to return...
Steve Butler, CEO at Punter Southall Aspire Speaks Out About Age Unconscious Bias in New Documentary
Date: November 4, 2022
The major challenge for organisations in overcoming age unconscious bias in the workplace is they exist in an ageist society which it is difficult to escape warns Steve Butler, CEO at Punter Aspire. Steve shares his perspective on unconscious bias around age in a new documentary from the Chartered Management Institute entitled, ‘Workplace in Review:...
Global Shares Rise, U.S. Dollar Falls After Strong Jobs Data
Date: November 4, 2022
By Chibuike Oguh NEW YORK (Reuters) -Global shares rose while the U.S. dollar fell on Friday after better-than-expected jobs data provided clues the tightness in the American labor market was starting to ease, raising hopes the Federal Reserve could soften its stance on interest rates. Data from the Bureau of Labor Statistics showed the U.S....
Twitter Temporarily Closes Offices as Layoffs Begin
Date: November 4, 2022
By Sheila Dang, Katie Paul and Martin Coulter (Reuters) -Twitter Inc temporarily closed its offices and cut workers’ access to internal systems on Friday after telling employees they would be informed by email about whether they were being laid off. The move follows a week of chaos and uncertainty about the company’s future under new...
Dollar Sags, Stocks Rise After U.S. Jobs Temper Rate Expectations
Date: November 4, 2022
By Amanda Cooper LONDON (Reuters) -The dollar fell on Friday, while stocks extended gains after data painted a picture of a U.S. economy that is creating jobs, but is starting to slow, tempering expectations for the Federal Reserve to keep raising rates as fast to fight inflation. The Bureau of Labor Statistics said 261,000 workers...
Chaos, Confusion Reign Ahead of Twitter Layoffs
Date: November 4, 2022
By Sheila Dang and Katie Paul (Reuters) – Fear and dread spread across Twitter Inc offices on Thursday as 7,500 employees from San Francisco to Singapore feared for job cuts that were planned to hit about half of the staff, according to current and former employees and message board posts shared with Reuters. Since billionaire...