U.S. employers planned to layoff nearly 50,000 positions in July, Challenger, Gray & Christmas reported on Thursday, 50 percent higher than in June.» Read More
A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon — and that has traders thinking Friday's US jobs report may be a huge disappointment.
A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon.
Thousands of layoffs were announced in just the past week, and that trend could continue if economic growth does not start to pick up speed.
Are banks too big? A look at the financial sector and whether shareholders will revolt, with Jesse Eisinger, ProPublica senior reporter.
CNBC's Herb Greenberg reports the tech giant will cut 6,500 jobs or about 9% of its workforce.
The tech bellwether plans to layoff thousands of workers in an attempt to reduce costs. Will investors buy into the plan, with Alkesh Shah, Evercore Partners.
As Wall Street cuts bonuses and raises base salaries instead, banks are looking at layoffs more often to cut costs when profits fall.