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Intel has placed a hiring freeze
Employment USAIntel like many other tech companies has placed a freeze on new hires as a measure to cut their costs. Currently, U.S. is facing the challenge of worsening economy and declining of consumer demand for chips. Therefore, the challenges on the economic front have forced Intel to impose a hiring freeze. Declining consumer demand Intel […]
Netflix has laid-off 300 employees
Employment USANetflix announced on Thursday that they have laid off 300 more employees during the round two of job cuts. Moreover, they cited loss in subscribers for the first time in more than a decade as the reason for the job cuts. Round two of job cuts In May, the company laid off 150 employees and […]
Candle factor to reinvest $33.3 million in Kentucky
Employment Kentucky, Employment USAMayfield Consumer Products LLC. is planning to invest $33.3 million at a candle factory which was destroyed in December 2021. Moreover, the candle factor will employ more than 500 full-time workers in Grayson County over the next five years. Return of candle factory after destruction Mayfield Consumer Products LLC. is a maker of candles and […]