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4 days ago · Clearco, a Toronto-based fintech capital provider for online companies, tells TechCrunch that it has laid off 125 people, or 25% of its entire staff. Those impacted will receive severance pay,...
- Mary Ann Azevedo
- Senior Reporter
4 days ago · OpenAI gears up for a big announcement, and Apple Store workers authorize a strike. Last week was a busy one for some Apple Store employees. Over the weekend, workers at Apple’s Towson,...
- Mary Ann Azevedo
- Senior Reporter
1 day ago · Promoting current employees lets you take advantage of high-performers, giving you an already vetted, reliable worker in a critical role. If economic fluctuations are causing top management to scale back, identify ways to keep current employees active. Assess cross-training employees in different roles or allow more flexibility in schedules.
5 days ago · The lawsuit, filed by Twitter’s former head of people experience and another ex-manager, alleged that X Corp. paid fired Twitter employees less severance than they were contractually promised.
4 days ago · Canadian employers respond to wage increases with automation, AI, layoffs. Most Canadian provinces now automatically tie minimum wage increases to inflation, aiming to keep wages in line with the cost of living. However, this policy creates significant challenges for businesses.
5 days ago · Compensation for Intuit Employees Affected By the Layoffs. Along with Intuit’s AI focus and strategic reallocation plans, we also have details of how they plan to compensate employees. US employees are expected to receive a minimum of 16 weeks of pay with two years added for every year of service.
5 days ago · The network’s plans were outlined in a memo sent to staff on Wednesday by CNN CEO Mark Thompson. Thompson said that the 100 jobs come out of a total workforce of around 3,500 people. He said that open roles were closed wherever possible in order to minimize the total layoffs.
