Hundreds of tech and biotech layoffs rattle Bay Area job market
A tech titan and a biotech company revealed plans to chop nearly 300 jobs in the Bay Area, hinting at unsettling prospects for the region's employment sector.
Oct 13, 2022
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Business
Page 9 - News tagged with cutting
Business
Snap chops nearly 500 California jobs, more than 80 in Bay Area
Snap has decided to chop nearly 500 jobs in California, including scores of layoffs in the Bay Area, a brutal round of cost-cutting ushered in by a string of setbacks in the financial results for the Snapchat owner.
Sep 9, 2022
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Electronics & Semiconductors
Congress OKs bill to aid computer chip firms, counter China
The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, ...
Jul 28, 2022
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ExxonMobil, Chevron investors vote for more action on climate change
Investors rejected the responses of US oil giants to climate change Wednesday, installing activist board members at ExxonMobil and directing Chevron to deepen emissions cuts.
May 27, 2021
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Business
Amazon surpasses Boeing as Washington state's biggest employer
Move over, Boeing. Washington state is now Amazonia.
Jan 4, 2021
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Business
Delta asks more workers to take leave as travel slump widens
Delta Air Lines has managed to avoid furloughs but is now asking more employees to take unpaid leaves of absence, a sign of the deepening slump in air travel as coronavirus cases increase across the United States.
Dec 10, 2020
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Business
Southwest Airlines could lay off at least 6,800 workers
Southwest Airlines warned it could lay off more than 6,800 workers in 2021 in what would be carrier's first involuntary job cuts in its 50-year history.
Dec 4, 2020
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Business
American, Southwest Airlines shore up finances amid pandemic
US airlines' continued efforts to rein in costs and step up safety measures so travelers will return to the skies paid off in results reported Thursday that showed carriers paring losses in the latest quarter.
Oct 22, 2020
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Business
Finland's national carrier cuts over 10% of workforce
Finland's national carrier said Tuesday it will cut 700 jobs - over 10% of its workforce - by the end of March next year due to the impact of the COVID-19 pandemic on global travel.
Oct 20, 2020
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Business
US Treasury says loan deal reached with seven airlines amid crisis
The US Treasury on Tuesday announced it had reached a deal with seven major US airlines including American and United to offer them loans in a bid to stave off job cuts amid the coronavirus crisis.
Sep 30, 2020
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