Spotify Axes 17% Of Workforce In Third Round Of Layoffs This Year
The music streaming service hopes the cuts, which amount to about 1,500 people, will help it become profitable.
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Austria stalls Russian sanctions over Raiffeisen blacklisting | Reuters News Agency
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Workers at fast-food restaurants and in minimum-wage jobs can expect a pay bump soon, courtesy of higher wage floors adopted by California lawmakers and more than two dozen cities across the state. In California, the minimum wage is currently $15.50 per hour, but it rises to $16 per hour starting Jan. 1, according to the…
Striking Autoworkers Just Won A Huge Concession From General Motors
The United Auto Workers union reached a tentative agreement on a new contract for 48,000 General Motors workers on Monday, bringing a potential end to the union’s roughly six-week strike against the “Big Three” automakers. The union said it had achieved a core demand in talks with GM: putting battery plant employees under the UAW…
Strong US jobs growth dampens talk of rate cuts
The US economy added 216,000 jobs in December and the unemployment rate was unchanged at 3.7%.
