Entries by admin

Made.com is slashing one third of its staff

Made.com has joined the latest list of the companies struggling amid decreased consumer demand and higher costs. Therefore, the online furniture firm has conducted a headcount review and is planning to shed one third of the existing headcount. Moreover, the company is also eying a potential sale due to slump in consumer spending. More than […]

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Texas added more than 16,000 job in August

Texas state has managed to add 16,400 new jobs during the month of August. However, the state’s jobless rate rose for the first time since the start of the pandemic. According to data by Texas Workforce Commission, Texas overall nonfarm job count stands at 13.53 million. 700,000 job addition during last year The United States […]

Goldman Sachs will lay off hundreds of employees

Goldman Sachs has planned to initiate a series of job cuts in coming weeks. Therefore, several employees are at risk of losing their jobs. Significantly, Goldman Sachs will become the first major Wall Street firm which will layoff its employees in a bid to rein their costs. Reinstatement of employee cull In wake of showdown […]

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Snap is cutting nearly 500 jobs

Snap Inc. has joined the long list of American employers to announce reduction in workforce amid fears of economic recession. Unsurprisingly, the California based social media giant has planned to lay off 500 employees. WARN filings Snap Inc., parent company of Snapchat has decided to cut their workforce in a brutal round of cost-cutting. Previously, […]