Microsoft layoffs hit coders
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WASHINGTON (AP) — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy.
More than 2,700 employees have indicated they want to take an incentive offer to leave the agency, though the final number is subject to change.
The Journal also reported that George Cheeks, co-CEO of Paramount Global and CEO of CBS, is helping negotiate the settlement as the company’s controlling shareholder Shari Redstone pushes for a resolution. Cheeks is expected to land a top job once Skydance closes the deal, The Post reported in March.
U.S. Rep. Chris Deluzio is one of a group of local lawmakers who continue to fight layoffs of federal employees by the Trump administration.
An emergency ruling by a federal judge in California amounted to the broadest effort yet to halt the Trump administration’s overhaul of the federal government.
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The new layoffs will bring Nissan's total workforce cuts to about 20,000 jobs. Last year, the automaker announced plans to cut 9,000 workers and previously announced nixing plans to build a plant in Japan.
Nissan unveiled sweeping new cost cuts Tuesday, saying it would eliminate 11,000 more jobs and scale back production, capping a tumultuous year that has left the Japanese automaker fighting to turn itself around.
Winnebago Industries has announced it will be laying off Iowa employees in June in the wake of declining sales.
DENVER — Denver-based IMA Financial Group cut 130 jobs this spring in an organizational "restructuring," the company has confirmed. The layoffs, first reported by The Insurer, an industry trade publication, were confirmed by IMA Chief Operations Officer John Hearn in a statement to the Denver Business Journal.
The Centers for Disease Control and Prevention on Tuesday brought back around 300 employees it had dismissed through a reduction in force. It will now provide a one-to-one "substitution” to even out the rescinded reductions in force with new cuts, according to an internal email obtained by Government Executive .