Salesforce Announces Layoffs amid Best Quarter Earnings Report

Salesforce Announces Layoffs amid Best Quarter Earnings Report

By Christy Gren - Aug 27, 2020

Salesforce reported $5.5 billion in quarterly earnings, a historical best for any SaaS tech firm, but it was not enough to save jobs in the company.

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Saudi Aramco Cuts 100s of Jobs to Cut Expenditure

Saudi Aramco Cuts 100s of Jobs to Cut Expenditure

By Anna Domanska - Jun 19, 2020

Saudi Aramco, the world’s largest company by revenue, will be cutting hundreds of jobs across its divisions to meet the slump facing the oil industry due to Covid-19 and the fall

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Layoffs Surged To a Record 11.4 Million during March

Layoffs Surged To a Record 11.4 Million during March

By Anna Domanska - May 16, 2020

Layoffs increased in March to 11.4 million after state and local governments closed businesses in response to the COVID-19 outbreak. The Labor Department on Friday announced that j

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New Study Shows Layoffs Lead to Increased Violence and Property Crimes

New Study Shows Layoffs Lead to Increased Violence and Property Crimes

By Anna Domanska - Mar 20, 2020

With the Coronavirus pandemic situation causing massive and global economic disruption, academic research has found out that displaced workers have experienced a 20% increase in cr

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