The defense consulting company Technomics Inc is planning to grow its presence in Virginia with an investment of $1.7 million. Moreover, the expansion if likely to create 150 new jobs in Arlington, Virginia. 10,000 square feet expanded facility Technomics is an employee-owned consulting firm with over 30 years of experience. Moreover, the company specializes in […]
The U.S. bureau of Labor Statistics published its latest release and brought good news for the workers. The data showed that the U.S. nonfarm employers managed to create 263,000 jobs in November. Although the job growth number is slightly lower compared to October when the employers added 284,000 jobs. However, the number is significantly higher […]
UK government has imposed a tight control on transport budget which is causing an increase in number of wage disputes. Therefore, the highway workers have declared strike action during the Christmas period. Moreover, the strike action means that the highway workers are joining rail and underground networks in conducting strikes during same time. Highway and […]
A large number of tech companies are cutting jobs in a bid to reduce their costs. Similarly, Intel Ireland is offering its staff to take three months of unpaid leaves. This is a voluntary time off and is part of Intel’s efforts to reduce costs. Intel’s efforts to reduce costs Intel has offered the option […]
Pharma giant Pfizer has decaled its plans to invest €1.2billion at its Grange Castle manufacturing site in Dublin. Moreover, the expansion in Ireland is likely to create around 500 new job roles in Ireland. $1.2 billion investment in Ireland There were rumors surfacing around that Pfizer is planning to a huge investment in Ireland since […]
Kraken, one of the largest crypto exchanges in the world has announced that they are laying off around 30% of its existing headcount. Moreover, the company is reducing more than 1,000 jobs in a bid to adopt to the changing market conditions. Reduction in customer demand Kraken is the world’s third largest exchange of crypto […]
DoorDash has announced to eliminate more than 1,200 corporate jobs. The company stated that they over-hired during the COVID-19 pandemic when demand for its services rose rapidly. Moreover, food ordering company DoorDash has become the latest tech company to announce job cuts in recent weeks. DoorDash CEO termed this as one of the most difficult […]
A large number of states in United States have passed legislation which directs employers to raise minimum wage of workers. Similarly, Washington will also joined the list of states to increase the minimum wage in 2023. According to Washington State Department of Labor & Industries the minimum wage will rise to $15.74 per hour for […]
United Furniture Industries, a Mississippi based furniture business has laid off its entire workforce overnight. Moreover, most of laid off employees live in northeast Mississippi. Layoffs memo According to Northeast Mississippi Daily Journal, approximately 2,700 workers lost their jobs on Monday. Furthermore, United Furniture Industries sent a memo to its workers through text or email. […]
HP Inc. has announced that they will eliminate around 4,000 to 6,000 workers by 2025. Moreover, the company reported its fourth quarter earning which has dropped by $14.8 million. HP’s restructuring plans According to regulatory filing, HR is employing 51,000 people globally as of December 2021. Unsurprisingly, HP has become the latest tech firm which […]