Labor economy
Musk aides lock government workers out of computer systems at US agency, sources say
Elon Musk arrives for the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol Rotunda on Jan. 20, 2025 in Washington, DC. Kenny Holston | Getty Images Aides to Elon Musk charged with running the U.S. government human resources agency have locked career civil servants out of computer systems that contain the personal data […]
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Musk aides lock government workers out of computer systems at U.S. agency: Reuters
Elon Musk arrives for the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol Rotunda on Jan. 20, 2025 in Washington, DC. Kenny Holston | Getty Images Aides to Elon Musk charged with running the U.S. government human resources agency have locked career civil servants out of computer systems that contain the personal data of millions of federal employees, according to two agency officials. Since taking office 11 days […]
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Trump administration offering buyouts to nearly all federal workers
A woman walks down the stairs in front of the U.S. Capitol building, ahead of the presidential inauguration of Donald Trump, in Washington on Jan. 15, 2025. Marko Djurica | Reuters The Trump administration is offering millions of federal workers the option to accept buyouts through a government-wide “deferred resignation” program if they resign by […]
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Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas shoes are displayed at a DSW store in Novato, California, on Jan. 31, 2024. Justin Sullivan | Getty Images Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday. The layoffs will affect employees at Adidas’ headquarters […]
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CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say
The stage is set for the first 2024 presidential debate between U.S. President Joe Biden and former U.S. President Donald Trump, in Atlanta on June 26, 2024. John Nowak | CNN | Via Reuters Warner Bros. Discovery’s CNN plans to lay off hundreds of employees Thursday as it refocuses the business around a global digital […]
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Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
Key Points Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee, according to Chief Information Officer Marco Argenti. The bank has released a program called GS AI […]
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The 15 most expensive U.S. states to retire—No. 1 requires over $2 million in savings
You need to be a millionaire just to cover basic retirement costs in 15 U.S. states, according to a new analysis by GOBankingRates. The states with the highest retirement expenses tend to also have the highest housing costs, whether it’s big-city hubs like New York and California, or Hawaii, where the natural beauty and mild […]
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English teacher, server and sommelier are among the fastest-growing roles in Australia, according to LinkedIn
The fastest-growing job in Australia is English teacher, according to LinkedIn’s 2025 “Jobs on the Rise” report. Johnny Greig | E+ | Getty Images Australia’s fastest-growing roles are from the education, travel and hospitality sectors — with titles such as English teacher, server and travel specialist making the top of LinkedIn’s 2025 list of jobs […]
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Trump’s plan for mass deportation could have a big effect on prices
The U.S. saw inflation cool in 2024, but economists warn that President-elect Donald Trump’s plan for the mass deportation of undocumented immigrants could greatly affect prices. “Certainly the economic impacts are going to be felt,” said David J. Bier, the director of immigration studies at the Cato Institute. “There’s going to be supply chain issues. […]
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Meta announces end of DEI programs. Read the internal memo
Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse candidates, the latest dramatic change ahead of President-elect Donald Trump’s second White House term. Janelle Gale, Meta’s vice president of people, made the announcement on the company’s Workplace internal communications forum. Among […]
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