Guiding the Way to Financial Freedom
Paramount is in big trouble – and they’re cutting jobs and closing studios to try and keep their head above water. Crisis At Paramount Paramount Television Studios (PTVS) is closing its doors, marking the end of an era just 11 years after its launch. The End of an Era The drastic move is part of … Read more
Starbucks spent nearly $113 million to steal its newest CEO from Chipotle. Critics have called out this compensation package, and the CEO’s added benefit of being able to work from home, as a demonstration of the company’s inequality problems. Starbucks’ Newest Leadership Change Starbucks recently announced a major change in its leadership team. Brian Niccol … Read more
An embattled negotiation between American Airlines and their flight attendants union could lead to a strike after the airline’s latest offer has fallen through. 17% Wage Hike Offer Image Credit: Shutterstock / Jirsak Amid contract negotiations this week, major US airline American Airlines offered their flight attendants a 17% wage hike, which would be effective … Read more
Workers across America are increasingly leaving corporate chains, driven by the search for better wages, conditions, and work-life balance. Here are 18 key sectors they’re departing from and the core reasons behind their moves. #1. Walmart Employees are leaving Walmart due to stagnant wages and inconsistent scheduling. Many seek opportunities in smaller retail businesses that … Read more
Amid an increasingly challenging economic climate, more Americans are facing job losses. Recently, two major companies in Oregon have also joined the wave of layoffs. A Once Thriving Employment Hub Oregon’s current economic situation is a stark contrast to its earlier recovery after the pandemic, when the state quickly gained a strong workforce. Over time, … Read more
LL Flooring recently filed for bankruptcy and announced the closure of 94 stores. This company is just one in the growing trend of retailers being forced to close their in-person stores in the face of a more digital world. LL Flooring Recent Challenges LL Flooring, a company dedicated to specialty flooring, has announced a series … Read more
In today’s turbulent economic climate, job security feels more uncertain than ever. As major companies cut thousands of jobs, one can’t help but wonder if you or your family might be next. Here’s a look at which companies are making cuts and what it means for you. 1. Nike Cuts Deep Nike is slashing its … Read more
Diversity, Equity, and Inclusion (DEI) policies are reportedly being rapidly cut back by Corporate America. Are these changes a necessary recalibration or a blatant step back for workplace equality? Here’s how major companies are gutting their DEI programs and what it means for the future. 1. Bank of America Bank of America has broadened programs … Read more
While reasons like higher production costs are given, other sources blame “greed” for the mass layoffs. A Sad Summer The largest international seller of tractors and crop harvesters, John Deere, announced that it’s implementing another wave of staff layoffs. Over 600 people employed at three US-based John Deere plants were notified that, by the end … Read more
Months after California brought in a new $20 minimum wage for fast food workers, we finally have some actual evidence of how the industry has been affected. California’s $20 Minimum Wage for Fast Food Workers Image Credit: Shutterstock / Sheila Fitzgerald Last September, Californian Governor Gavin Newsom signed a bill into law that promised fast-food … Read more