Tag Archives: personnel

The flood of Big tech layoffs has again upended the dynamic between employers and employees, workers and executives say, leading to prolonged job searches and widespread fear and anxiety among many in the industry. “It is an employer’s market after years of employees having the benefit of working from home …

3M Co. said it is cutting 2,500 manufacturing jobs globally as the company confronts turbulence in overseas markets and weakening consumer demand. The maker of Scotch tape, Post-it Notes and thousands of other industrial and consumer products said Tuesday that it expects lower sales and profit in 2023 after demand …

Walmart Inc. WMT 0.41% said it is raising wages for its U.S. hourly workers as the retailer continues to fight to attract staff in a tight labor market for front-line workers. Starting next month, Walmart’s U.S. workers in stores and warehouses will earn a starting wage of at least $14 …

Goldman Sachs Group Inc. GS -0.99% is planning to lay off several thousand employees, according to people familiar with the matter, another consequence of this year’s deal-making slump. A person familiar with the situation said the bank will be leaner in 2023, but it will still have more employees than …

The gender wage gap has remained remarkably stubborn for decades and, inevitably, becomes a significant shortfall at retirement. In 2020, women made 83 cents for every dollar earned by men, according to the U.S. Census Bureau. The gap persists despite women’s increasing levels of education and even widens among higher-income workers. By the end …