L.A. budget shortfall close to $1 billion; layoffs ‘nearly inevitable’
L.A.’s financial problems exploded into a full-blown crisis on Wednesday, with the city’s top budget official announcing that next year’s shortfall is now just shy…
Veterans speak out on Trump administration plans to cut the VA budget
NORFOLK, Va. — Stephen Watson served in the Marines for 22 years and receives care through the Department of Veterans Affairs for a traumatic brain injury. He…
Layoffs hit ABC News and Disney’s entertainment TV channels
ABC News and Walt Disney Co. entertainment networks are being hit with a 6% reduction in staff amid shrinking ratings and revenues for traditional television.Workers…
IRS plans to cut up to half its 90,000-person workforce, sources say
WASHINGTON — The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to…
Federal judge allows Trump’s mass firings of federal workers to move forward
WASHINGTON — A federal judge in Washington has allowed President Trump’s mass firings of federal workers to move forward.U.S. District Judge Christopher Cooper decided he could not…
A comprehensive look at DOGE’s firings and layoffs so far
WASHINGTON — Thousands of federal government employees have been shown the door in the first month of President Trump’s administration as the White House and its Department…
U.S. hiring improves with a quarter-million new jobs in December
WASHINGTON — The U.S. economy created a burst of new jobs in December, capping a solid year of employment growth marked by big gains in healthcare…
Boeing delivers layoff notices to 17,000 workers amid financial struggles
Boeing started issuing layoff notices this week to 17,000 employees, or 10% of its workforce, in an effort to cut costs amid financial struggles. The…
Brazil’s Neymar set to return for Al Hilal after long injury layoff | Football News
Star footballer returns to training and travels with his Saudi Pro League club before their AFC Champions League match.Brazilian forward Neymar Jr is set to…
ATP Tour: Former Grand Slam champion Marin Cilic wins Hangzhou Open title after long injury lay-off
Former US Open champion Marin Cilic became the lowest-ranked player to win an ATP Tour title with an emotional victory at the Hangzhou Open.Croatia's Cilic,…
‘Halo’ and ‘Destiny 2’ video game studio Bungie to lay off 17% of staff
Sony Corp.-owned video game company Bungie said Wednesday it would lay off 17% of its workforce — or 220 people — amid economic difficulties in…
Jack van Poortvliet: Leicester Tigers and England scrum-half more ‘hungry’ after lay-off
Jack van Poortvliet has earned 14 England capsLeicester Tigers and England scrum-half Jack van Poortvliet says he has returned from his eight-month injury lay-off more…
Vice to layoff hundreds of staff
Vice Media, a former media darling, has announced that it plans to lay off hundreds of staff. Photo Courtesy of Vice Media Group/Website Feb. 23…
Julia Turner steps down from Los Angeles Times
Julia Turner, who led culture and entertainment coverage for the Los Angeles Times before taking on a business strategy role, announced Tuesday that she was…
Online retailer eBay to layoff 1,000 employees
Online retailer eBay said Tuesday that it will be laying off 1,000 employees starting Wednesday. Photo courtesy of eBay Jan. 24 (UPI) -- Online retail…
Riot Games to layoff 530 workers as video game industry cuts
Los Angeles-based video game giant Riot Games announced Monday it would lay off 530 workers, cuts that amount to roughly 11% of the company’s global…