In a memo to staff, Spirit Airlines CEO Dave Davis revealed plans for significant job cuts and a 25% reduction in flight capacity for 2024, following the airline's second bankruptcy. With negotiations underway and rising costs, the airline aims to stabilize its operations amid increasing competition.
In a surprising move, xAI, led by Elon Musk, has laid off over 500 workers from its data annotation team to focus on specialist AI tutors. What does this mean for the future of AI development?
Intel is undergoing significant changes under CEO Tan, including major job cuts and a shift in manufacturing strategy. With a focus on fiscal discipline, will these moves help the chip giant recover from its losses?
In a surprising move, Raven Software faces layoffs amid Microsoft’s sweeping job cuts in the gaming sector. Industry experts question the need for cuts at a studio tied to a record-breaking franchise. Discover the implications for the gaming industry and Wisconsin's potential as a new gaming hub.
In a controversial ruling, the Supreme Court allows President Trump to move forward with plans to downsize the federal workforce, raising alarms about potential job losses and impacts on critical government services.
The U.S. Supreme Court has authorized President Trump's administration to pursue sweeping federal job cuts, potentially affecting hundreds of thousands of workers. This controversial decision raises questions about government efficiency and the future of public services.
The US economy added only 139,000 jobs in May, showing signs of slowdown as businesses navigate uncertainty from the ongoing trade war. The unemployment rate remained steady at 4.2%, but federal job cuts raise concerns.
Disney is making headlines again as it announces another round of layoffs, impacting hundreds of employees. This drastic move reflects the company's struggle in the evolving landscape of entertainment, where streaming services dominate.
Donald Trump's administration seeks Supreme Court intervention to lift a ruling blocking mass job cuts across federal agencies, arguing it is within presidential authority. This follows a judge's decision siding with unions and local governments against the layoffs.
In a significant ruling, the Ninth Circuit Court of Appeals has paused the Trump administration's plans to cut the federal workforce, citing constitutional limits on presidential powers. This decision follows a lawsuit from labor unions and cities.
