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WeWork is reportedly planning to reduce thousands of jobs

Marcelo Claure, CEO of WeWork, told employees that layoffs would begin this week, according to an email from the Washington Post. Claure said the layoffs are "difficult" but necessary to create a "more efficient, focused and customer centric organization". In a year of disappointing tech IPOs, WeWork distinguished itself by its meteoric rise and decline. The company never went public. …

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7 lose jobs after Popeye's brawl caught in front of the camera

The CNN Wire ™ and © 2019 Cable News Network, Inc., a Time Warner Company. All rights reserved. 7 workers fired after fighting with Popeyes Related Content (WITI) – Seven employees of Popeyes were fired after a brawl at a restaurant in Milwaukee was captured in front of the camera. Richard Fourte went to the Popeyes on Wednesday evening to …

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Trump more than doubles Jobs numbers from his own administration in "Fuzzy Math" Boast

The federal government released official October employment figures on Friday – and President Donald Trump more than doubled them in a subsequent Twitter boaster. Experts scribbled on the president's creative calculations, and Trump was quickly busted online for his "Fuzzy Math" and "Trump University Economics." An economist said that the numbers compiled are "not bound to any empirical reality." The …

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Job report: The US economy created 128,000 jobs in October

US employers created 128,000 jobs in October, the Bureau of Labor Statistics said in its monthly job report. Meanwhile, the unemployment rate rose slightly to 3.6%, but this had a good reason: 325,000 Americans began to work looking for 89,000 jobs. A forty-day GM [194559003] GM strike in which around 50,000 auto workers were fired should weigh on the job …

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Warren agrees that Medicare-for-All could lose two million jobs: "This is part of the cost problem."

Senator Elizabeth Warren, D-Mass., Said on Wednesday she agreed with an economist from the University of Massachusetts-Amherst who has completed a Medicare-for-All plan for health care that could lead to significant job losses cost problem. " Robert Pollin of UMass's Political Economy Research Institute told Kaiser Health News earlier this year that most job losses would affect administrative positions – …

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According to ADP, 125,000 jobs were created in the private sector in October

Figures: Companies in the country created 125,000 jobs in the private sector in October, according to ADP. Economists interviewed by Econoday had predicted an increase of 125,000. The September total for additional jobs has been reduced from originally 135,000 to 93,000, ADP said. What happened: Large companies, ie companies with at least 500 employees, built 44,000 jobs. Medium-sized companies (50-499 …

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Up to 9,000 jobs must be canceled

HP announced plans to restructure the company late Thursday to simplify operations, reduce costs and increase dividends for investors. As part of the restructuring of fiscal year 2020, the Company will reduce its global headcount from 7,000 to 9,000 employees in the coming quarters. The company expects to save approximately $ 1.0 billion by the end of fiscal 2022. [19659002] …

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HP eliminates up to 9,000 jobs in CEO's new restructuring plan

Incoming HP Inc. general manager Enrique Lores In a restructuring plan that also aims to get the declining printer sales back on track, HP wants to force changes on the computer hardware vendor. HP announced Thursday that 7,000 to 9,000 jobs could be cut by about 55,000 employees over the next three years. The cutbacks are expected to result in …

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