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| May 24, 2019

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CNN

1,000 jobs lost as Jamie Oliver’s restaurant empire fails

May 22, 2019 |

Celebrity chef Jamie Oliver’s restaurant empire in the United Kingdom is on the brink of collapse.
CNN.com – RSS Channel – World

7K White-Collar Workers Losing Jobs at Ford

May 20, 2019 |

Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce. The company said the plan will save about $ 600 million per year by eliminating bureaucracy and increasing the number of workers reporting to each manager, per the AP . In the US, about 2,…
Newser

California gains 46,000 jobs as unemployment stays near record low

May 18, 2019 |

The California economy surged forward in April as employers added 46,000 net jobs and unemployment held steady at 4.3%, near a record low, according to data released Friday by the state’s Employment Development Department.

Last month’s gains marked an improvement over March, when payrolls in the…


L.A. Times – Business

Amazon offers to help employees quit their jobs and start delivery businesses

May 13, 2019 |

Amazon.com Inc., which is racing to deliver packages faster, is turning to its own employees with a proposition: Quit your job, and we’ll help you start a business delivering Amazon packages.

The offer, announced Monday, comes as Amazon seeks to speed up its shipping time from two days to one for…


L.A. Times – Business

Exclusive: Amazon rolls out machines that pack orders and replace jobs

May 13, 2019 |

Exclusive: Amazon rolls out machines that pack orders and replace jobsAmazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders. The company started adding technology to a handful of warehouses in recent years that scans goods coming down a conveyor belt and envelops them seconds later in boxes custom-built for each item, two people who worked on the project told Reuters. Amazon has considered installing two machines at dozens more warehouses, removing at least 24 roles at each one, these people said.



Yahoo News – Latest News & Headlines

Battles erupt over warehouse jobs as the Legislature moves to curb subsidies

May 13, 2019 |

Hundreds of residents packed a church hall in San Bernardino a few weeks ago to hear community leaders rail against a huge new logistics center planned for the town’s airport.

The $ 200-million air cargo facility, the size of 11 football fields, could eventually generate some 3,800 jobs, garnering…


L.A. Times – Business

U.S. gains more jobs than expected, and unemployment falls as people stop seeking work

May 4, 2019 |

U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and anticipate strong customer demand.

The unemployment rate fell to its lowest level since 1969, dropping to 3.6%, from 3.8% — though that drop…


L.A. Times – Business

Jobs report and company earnings push stocks broadly higher

May 3, 2019 |

A solid jobs report and company earnings spurred U.S. stocks broadly higher Friday, driving the Standard & Poor’s 500 index to its second weekly gain in a row.

The Nasdaq composite hit an all-time high for the second time this week. The benchmark S&P 500 index closed less than 0.1% below the record…


L.A. Times – Business

Jobs Report Lifts Markets to Strong Finish

May 3, 2019 |

Stocks rose broadly on Wall Street Friday, erasing the market’s losses from a day earlier and helping the S&P 500 to its second straight weekly gain. Investors welcomed the government’s latest snapshot of US employment, which showed that job growth surged in April past economists’ forecasts and unemployment fell to…
Newser