Salesforce has announced to cut 10 percent of its workforce in a bid to reduce costs. Furthermore, the company said of Wednesday that they will also scale back its office space. Salesforce is the latest tech company which has laid off workers in recent months. Tech companies across the United States have laid off thousands […]
Application for jobless claims increased slightly and reached the level of 225,000 for the week ending on December 24, 2022. However, the unemployment claims remained close to its historic low. Jobless claims remain close to historic low The U.S. Labor Department data showed that the initial unemployment claims rose by 9,000 compared to previous week. […]
Michigan’s minimum wage has gone above $10 an hour from January 1, 2023. Previously, the state’s minimum wage stood at $9.87 an hour. However, it has now risen by 23 cents effective from start of this year and is now $10.10 an hour. Similarly, the minimum wage for tipped workers rose to $3.84 an hour. […]
UK based Fintech Starling Bank has planned to open a new office in Manchester. Moreover, the opening of Starling’s new office will generate up to 1,000 new jobs in the process. Expansion in Manchester Fintech organizations across the world is going through uncertain times. Similarly, fintech companies in UK are facing uncertainty and laying off […]
Lear Corps. has planned to invest $112.5 million for development and expansion of three facilities in Michigan. Moreover, the project is likely to create about 500 new jobs in southeastern Michigan. One new facility and expansion of two existing facilities Lear is one of the largest supplier of the U.S. auto industry. The company is […]
Micron Technology has reported decline in its earnings and revenues in the current fiscal year. Hence, the technology company has announced that it will cut 10% jobs during the next year. Restructuring plans Micron Technology is the largest manufacturer of memory chips in United States. However, the company has reported loss during the last fiscal […]
Boingo Wireless Inc. has decided to relocate its headquarters to North Texas with an investment of $1.48 million. Moreover, the opening of this new office will create approximately 250 jobs in Texas. Relocating headquarter to Texas Boingo Wireless Inc. is a leading cellular provider. The company designs, builds and manages wireless networks at major venues […]
MSI is planning to invest $61.6 million to open a new distribution facility in Suffolk. Moreover, the California based company’s new distribution facility will also create 80 new jobs in Virginia. Virginia secured the investment M S International Inc. (MSI) is a California-based flooring, countertop, wall tile and hardscaping products supplier. Governor Glenn Youngkin announced […]
Hanley Energy is expanding in Ireland and will develop a new manufacturing facility in Monaghan. Moreover, the expansion project also includes development of an existing facility in Dundalk, Co Louth. In addition, the project is likely to create 225 new jobs in Ireland. 70,000 square foot new facility Hanley Energy is a critical power and […]
Asda has announced its plans to open 300 convenience stores across the United Kingdom over the next four years. Moreover, the convenience stores chain will also create approximately 10,000 new jobs during this time. Asda Express store concept Asda is accelerating its plans to roll out the new concept of Asda Express store. They have […]