Guiding the Way to Financial Freedom
Popular department store, J.C. Penney, has announced the closure of multiple stores across the country. This announcement reflects changes in the retail industry as online shopping becomes more popular. But how will these changes affect consumers and the future of in-store shopping? J.C. Penney Stores Close The American retail giant has announced that it’s closing … Read more
The VA is under fire after a damning report revealed the department is trying to rid itself of almost 10,000 staff members while trying to keep the lid on a multi-million dollar scandal. VA Under Fire Image Credit: Shutterstock / Ground Picture In a massively controversial move, the US Department of Veterans Affairs (VA) has … Read more
Layoffs have hit the aviation industry, as one of the biggest airlines in the U.S., Southwest Airlines, has announced they’re stopping flights out of four major airports. Layoffs Across Industries Image Credit: Shutterstock / Skycolors With a growing spate of layoffs occurring across the nation – primarily in tech and production – it wasn’t going … Read more
One of the world’s largest automakers has announced plans to wind down production of a popular truck model, resulting in major layoffs at one Detroit company. Stellantis Layoffs Thousands of workers at a manufacturing plant in Michigan could be laid off in the coming months, as European automotive manufacturer Stellantis plans to bring the production … 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
Employment scams are skyrocketing in the US, according to a new report, and they will likely become more widespread in the future. Employment Scams on the Rise According to a new report from the Identity Theft Resource Center, an identity theft watchdog group, employment scams are on the rise thanks to the surging use of … 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 on Friday 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 … Read more
In the midst of industry-wide negotiations, Alaska Airlines flight attendants may have confirmed an equitable deal with their employer following months of meetings and protests. Two Years of Negotiating After close to two years of tough negotiations, Alaska Airlines has reached a tentative agreement with its flight attendants. Due to Combined Efforts The airline announced … Read more
How has Gavin Newsom’s $20 minimum wage for fast food workers affected the state? The Employment Policies Institute thinks it knows the answer. California’s $20 Wage Woes A new survey is claiming that California’s fast-food industry is in turmoil – thanks to Governor Gavin Newsom’s $20-an-hour minimum wage law. Fast Food Fiasco According to the … Read more