UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply. CEO Carol Tome said that the job cuts will produce $1 billion in cost savings.
In a WARN notice sent to the North Carolina Department of Commerce, Atlanta-based packaging company WestRock said it was shuttering its facility on Lexington Parkway.
Wilkesboro town officials say Tyson Foods Inc. has laid off more than 100 employees at its Wilkesboro processing plant.
Tyson, the largest employer in Wilkes County, announced in a prepared statement that they are reducing the number of second-shift employees due to lower customer demand.
The Washington Post plans to cut 240 jobs, or 10% of its workforce, through voluntary buyouts. Leaders said they had been "overly optimistic" about growth.
For the first time, the UAW is on strike against the Big 3 U.S. automakers at once. Workers at three plants have been called out so far, with more to follow Friday if there's no progress on a deal.
The number of openings in the technology field is still high, and tech jobs continue to be attractive to workers looking for stable, lucrative careers.
Hundreds of corporate employees are set to lose their jobs as McDonald's closes its U.S. offices this week. Journalist and author Adam Chandler offers his perspective on the causes of the layoffs.
Tyson Foods said it plans to close its processing, broiler and hatching operations in Glen Allen, Va., and a plant in Van Buren, Ark., in an effort to streamline its U.S. poultry business.