Why kids aren’t getting summer jobs

For generations of Americans, the summer job has been a gateway from youth into the adult world of work. But for millions of our young people — particularly young men and women of color in our cities — summer employment is primarily a story of opportunity denied. According to 2013 data, young white men were […]

Oil company Baker Hughes cuts 7,000 jobs

Pink slips stained with crude oil continue to fly around the U.S. After expanding rapidly during the energy boom, the oil industry is now preparing for leaner days ahead. Baker Hughes became the latest energy company to cut costs, revealing plans on Tuesday to slash 7,000 jobs and cut capital spending by 20%. The company, […]

Facebook claims it created 4.5 million jobs

A Facebook-sponsored study found that the social network has created 4.5 million jobs around the world and added $227 billion to the global economy in 2014. The study, conducted by Deloitte, suggests that the jobs Facebook added are widespread, reaching countries such as India, Brazil and Australia. But these people are not working for Facebook, […]

5 things Steve Jobs said Apple would never do – and Apple is doing

Steve Jobs was a notoriously stubborn individual with strong ideas about what made Apple’s products great. Sticking to his guns typically paid off dividends for Jobs and Apple, even when vocal critics mocked the company’s decisions. But since Jobs’ death in 2011, Apple has been slowly pushing back against some of its founder’s most strongly […]

Facebook has more than 1,100 jobs to fill

Facebook has 1,159 job openings listed on its corporate site, as the social network company continues its aggressive growth plans. The company’s staffing level jumped by 44% in the 12 months ending Sept. 30, according to a company filing, growing Facebook’s headcount to 8,348 jobs as of that date. Facebook’s year-end employment level is not […]

Uber makes nice with Europe: We can add 50,000 jobs

Uber has this offer for European governments: Work with us, and we’ll create 50,000 jobs in your cities this year. Uber has run into problems with regulators in Europe, the U.S. and elsewhere who have shown a willingness to shut down its popular taxi-service app. The company has sparked or found itself at the center […]

Victims of cheap oil: Schlumberger cuts 9,000 jobs

It’s yet another reminder that cheap oil isn’t good for everyone: 9,000 workers have lost their jobs at Schlumberger, a company that provides tools and services oil and gas companies. The company said Thursday that the falling price of oil is the cause. It also expects to slash spending on future exploration and production. The […]

American jobs are back, but wages aren’t. Is this normal now?

America had 5 million job openings at the end of November, the most since 2001, according to new government data. That means the U.S. isn’t just back to pre-recession levels, it’s humming better than it has in a decade. In fact, last year was the best year for job growth since 1999. So are we […]

Where the jobs are and who’s being hired?

Nearly 3 million jobs. That’s how many positions employers added last year in the nation’s best year for job growth since 1999. The hiring was widespread. Business & professional services, fueled by temporary staffing positions, led the way with the most jobs created in 2014. Healthcare also added many positions, particularly at doctor’s offices and […]

Standard Chartered to cut 4,000 jobs

Standard Chartered said Thursday it will cut 4,000 jobs and close the bulk of its equity business as part of continued efforts to boost profitability. Most of the losses affect retail banking jobs in Asia. The bank said the move will save it $400 million in 2015. Pulling out of its equities business is the […]

Page 1 of 15812345...102030...Last »