Business

According to a report from the Washington Post, Musk informed prospective investors that under his watch, massive layoffs were coming for the company’s 7,500 employees.

Research from Qualtrics shows that 64% of workers believe it has become more difficult to pay for expenses today than even one year ago.

“Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” a Microsoft spokesperson stated.

As inflation keeps rising, companies are having to raise wages. Those higher labor costs, in turn, are often passed on to consumers in the form of higher prices.

Kastle Systems provides a weekly barometer based on physical key swipes, showing exactly how many people are using office buildings on any given day.

Demand for freelance work can rise quickly during a recessionary period. But it can drop off just as quickly, leaving unprotected workers in a worrying position.

Companies are bracing for financial shocks as analysts warn of tough times ahead.

With increased inflation and a tumultuous economy, Peloton is decidedly suffering and having to conduct layoffs after losing $100 million in 2021.

Elon Musk hasn’t admitted liability but has agreed to buy Twitter once again for the original deal and price of $44 billion.

Americans were able to save a good chunk of cash during the pandemic, but it seems that is no longer the case. They’re spending and consuming less, and business are...