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The CEO of Jeff Bezos’ Blue Origin announced in an all-hands call on Thursday company-wide layoffs of “about 10 percent” of its employees, a sweeping readjustment as it aims to cut costs and ramp up rocket launches. The layoffs affect roughly 1,400 of the company’s nearly 14,000 employees mostly concentrated in Florida, Texas and Washington and comes as Blue Origin starts production of its giant New Glenn rocket, which had its first long-awaited debut launch last month.
Carmaker Porsche AG plans to cut an additional 1,900 jobs across the entire company over the next four years after a program that has already started was determined to be insufficient, a company spokesperson told Reuters on Thursday. The German carmaker aims to reduce the number of positions at its main sites in southwestern Germany, Stuttgart-Zuffenhausen and Weissach, by 15% by 2029, it said.
Working parents feel the effects of the U.S. child care crisis and have had to rely on extended familyespecially grandparentsto help with child care. A recent index report from KPMG , a Big Four accounting firm, estimates that 1.2 to 1.5 million workers have to shorten working hours or miss work each month because of a lack of affordable child care or insufficient availability of child care.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
The Global Workspace Association (GWA) is set to host GWA Immersive Mexico City on February 2627 in Mexico City , bringing together leading professionals in the flexible workspace, coworking, and commercial real estate industries. Designed as a hands-on, experiential learning event , GWA Immersive offers attendees the chance to explore Mexico Citys most innovative workspaces , hear from industry leaders, and engage in high-value networking.
Valentines Day isnt just for Hallmark. These days, its an excellent opportunity for businesses to find ways to celebrate the holiday with their customers and clients. Whether youre a coach hosting a Self Care Challenge or an eCommerce business wanting to showcase your most gift-worthy products – theres a strategy for you to make the… The post Creative Ways to Appreciate Your Clients This Valentines Week appeared first on Jennie Lyon Digital Marketing and Virtual Assistant Services In
Gen Z is leading the charge in workplace romance, with 45% having had physical relationships with coworkers, including bosses and subordinates. These relationships are influencing careers, with 10% of Gen Z reporting promotions tied to office romances, though 72% keep them hidden from HR. Unlike older generations, Gen Z is more open about mixing business with pleasure, with 63% saying office relationships impacted their career decisions.
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Gen Z is leading the charge in workplace romance, with 45% having had physical relationships with coworkers, including bosses and subordinates. These relationships are influencing careers, with 10% of Gen Z reporting promotions tied to office romances, though 72% keep them hidden from HR. Unlike older generations, Gen Z is more open about mixing business with pleasure, with 63% saying office relationships impacted their career decisions.
Beyond simple tasks: The real challenge of management Business management isn’t hard; it’s complex. Any business facet is easy enough to understandreducing operating costs, keeping turnover low, making clients happy, increasing profitability, etc. However, the challenge that business managers face is balancing each of these tasks within the context of keeping a company afloat.
JPMorgan Chase CEO Jamie Dimon scorned calls from some employees to soften the bank’s five-day return-to-office policy in an animated town hall meeting on Wednesday, according to a recording reviewed by Reuters. Employees at the largest U.S. bank have complained on internal message boards and chats about losing hybrid working arrangements, and one group launched an online petition urging Dimon to reconsider.
The number of Americans filing new applications for unemployment benefits decreased last week, suggesting the labor market remained stable early in February. Initial claims for state unemployment benefits fell 7,000 to a seasonally adjusted 213,000 for the week ended February 8, the Labor Department said on Thursday. Economists polled by Reuters had forecast 215,000 claims for the latest week.
Five unions sued the Trump administration on Wednesday, seeking to block what they called the possible mass firing of hundreds of thousands of federal employees who resist pressure to accept buyouts. In a complaint filed in Washington, D.C. federal court, the unions accused the White House and others in the Executive Branch of undermining Congress’ role in creating and funding a federal workforce, violating separation of powers principles.
Speaker: Tim Buteyn, President of ThinkingKap Learning Solutions
Join this brand new webinar with Tim Buteyn to learn how you can master the art of remote onboarding! By the end of this session, you'll understand how to: Craft a Tailored Onboarding Checklist 📝 Develop a comprehensive, customized checklist that ensures every new hire has a smooth transition into your company, no matter where they are in the world.
A growing number of employees, angry about low salaries, lack of raises, and few advancement opportunities are walking off the job. Some 4% of full-time employee are planning to revenge quit this year, the study found, with most having given the idea some thought for the past 13 months. Hybrid workers are the most likely to make the move, with 7% planning to revenge quit in 2025.
Tens of thousands of U.S. civil servants were cleared to take a buyout from Donald Trump’s administration on Wednesday after a federal judge ruled the unprecedented downsizing effort could proceed. About 75,000 workers have signed up for the buyout, said a spokesperson for the U.S. Office of Personnel Management, equal to 3% of the civilian workforce.
Mass firings at multiple U.S. government agencies have begun as President Donald Trump and Tesla CEO Elon Musk accelerate their purge of America’s federal bureaucracy, union sources and employees familiar with the layoffs told Reuters on Thursday. Termination emails have been sent in the past 48 hours to scores of government workers, mostly recently hired employees still on probation, at the Education Department, the Small Business Administration (SBA), the Consumer Financial Protection Bu
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