KPMG, one of the Big Four accounting firms, recently announced that it will let off about 330 workers, or less than 4% of its ...

Nissan, which has U.S. operations headquartered in Franklin, announced major cuts to stave off 'severe' global losses on ...

Nissan CEO Makoto Uchida has volunteered to cut his salary by 50% as the company announces plans to lay off 9,000 employees ...

Trump wants to downsize the U.S. civil service. Observers are already drawing comparisons with the McCarthy era.

One worker on Reddit is getting a firsthand glimpse at how this tends to shake out after their employer began making ominous ...

(Reuters / Ann Wang) Mass layoffs at Intel: California-based chipmaker Intel is laying off more than 2,000 employees in the United States to cut costs, as per reports. The layoffs will impact ...

The layoffs come alongside other strategic changes, including delays in opening new facilities outside the United States and restructuring its contract chip manufacturing business.

The Labor Department reported that jobless claim applications dropped by 12,000 to 216,000 for the week ending October 26.

Although the merger is a strategic move for the company to expand its portfolio and streamline its operations, it is challenging for the employees who are about to face layoffs. Both companies ...

Intel recently won $3 billion from the United States government for work with the Department of Defense and is still hoping for billions more in public funding. But Intel needs the cash for a ...