The industry’s recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical crash.
Category: Layoffs and Job Reductions
Google Employees Brace for a Cost-Cutting Drive as Anxiety Mounts
The tech giant has so far taken steps to streamline without mass layoffs, but employees are girding for deeper cuts.
For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.
Streaming’s Golden Age Is Suddenly Dimming
After years of breakneck growth, the number of scripted TV series orders made by networks and streamers is in decline.
China’s Youths, Stung by Years of Covid Rules, Fear Grim Job Future
A sluggish economy continues to leave many young people unemployed, with few job prospects or hopes to tap into the rising incomes their parents enjoyed during boom times.