labor saving

After the big resignation and the silent resignations, the era of "loud dismissals" has arrived

After the big resignation and the silent resignations, the era of “loud dismissals” has arrived

Shocking layoff news overshadows a bright labor market. Within weeks, massive layoffs, mostly in tech, including at Twitter, Meta, Amazon, Salesforce, HP, Lyft, Doordash and more, grabbed headlines. More than 50,000 tech workers lost their jobs in November, compared to 12,600 in October, according to Layoffs.fyi. To be clear, overall layoffs remain historically low. Throughout …

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Asian stocks rise except for Japan as markets watch China protests

Asian stocks rise except for Japan as markets watch China protests

TOKYO (AP) — Asian stocks were mostly higher on Tuesday as market jitters eased over protests in China sparked by growing public anger over COVID-19 restrictions. Benchmarks rose in early trading in Australia, South Korea and China, while stocks fell in Japan. Oil prices have fallen. Japanese government data released on Tuesday showed the unemployment …

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