All labor markets are local
Recently, the president fired the commissioner of the Bureau of Labor Statistics over the most recent jobs report,…
Stunning new data reveals 140% layoff spike in July, with surge in AI and ‘technological updates’ increasingly apparent
Not only did payrolls grow by just 73,000 in July, below Wall Street estimates, but the revisions also…
Is AI The Scapegoat Employers Use To Explain Technology Layoffs?
A movie still from Stanley Kubrick’s 1968 science fiction film ‘2001: A Space Odyssey’ starring Gary Lockwood. (Photo…
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again
Eric Vaughan, CEO of enterprise-software powerhouse IgniteTech, is unwavering as he reflects on the most radical decision of…
School of Visual Arts Quietly Lays Off Staff
The School of Visual Arts (SVA) in Manhattan has quietly reduced staff, citing “financial challenges” that have also…