-
2024 Gaming Industry Shakeup: Over 2,700 Layoffs Revealed In Past 11 Days
Thursday, January 11, 2024 - 6:33pm | 438Read More...In recent years, the video game industry witnessed a disturbing trend of frequent layoffs, with 2023 experiencing nearly weekly workforce reductions across publishers, developers and related companies, resulting in at least 6,000 job losses. Unfortunately, the trend appears set to continue in...
-
Bearish 'Financial Times' Article is Bullish for Staffing Industry Stocks
Wednesday, November 20, 2013 - 5:38pm | 426Read More...A recent article in the Financial Times with the ominous headline, "Hope for faster global growth dashed," reported on the anemic international recovery from the Great Recession. While bearish for many sectors, the Financial Times piece is actually bullish for the staffing industry. Concerned...
-
Job Cuts Higher in October; Pharmaceutical & Financial Sectors Took Biggest Hits
Wednesday, November 6, 2013 - 4:09pm | 723Read More...Another indication that while the overall economy may be recovering, the American workforce is still finding it difficult to stay fully employed. Data released Wednesday by the outplacement consulting firm Challenger, Gray & Christmas reports the nation's employers announced plans to cut 45...
-
Cisco Announces Additional Detail of Workforce Reduction of 6,500
Tuesday, July 19, 2011 - 6:35am | 231Read More...Cisco Systems (NASDAQ: CSCO) provided additional detail Monday about its plans to reduce its global workforce by 6,500 employees - part of an effort to save $1 billion in annual operating expenses. The reduction would equate to 9% of Cisco's regular full-time employees. The technology company has...
